Gemini Edibles & Fats India (GEF India) is planning to raise its production capacities by setting up an integrated processing unit in Telangana.
The facility will entail an investment of Rs 500 crore. The unit will be set up in next 18-24 months. It is going to be an integrated processing facility.
The company is looking for 40-50 acre of land parcel for setting up the facility. The state will have seven to eight lakh ha of oil palm in the next few years.
GEF India has two plants at Kakinada and Krishnapatnam in Andhra Pradesh with a combined capacity of 2,615 tpd.