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Symega Food Ingredients commits Rs 100 cr over five years

Wednesday, 25 May 2022
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Symega Food Ingredients announced its foray into the plant-based protein space, and the launch of a purpose-built manufacturing unit in Kochi, Kerala. 
With a state-of-the-art R&D laboratory and a 150 tonne per month capacity line, fitted with the latest machinery specifically for plant-based food manufacturing. The company has committed an amount of Rs 100 crore over the next five years. 
The company has announced its plan to invest in a greenfield facility to manufacture extruded proteins and double existing capacity by the end of 2022. 
By 2030, the company aims to make India the manufacturing hub of plant-based proteins for Europe and Asia.
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