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Gujarat Ambuja Exports has begun commercial operations of the first phase of its greenfield maize processing plant, built with an investment of Rs 260 crore in Maharashtra.
“The commercial operations of first phase of its 1,000 mt per day greenfield maize processing plant set up at Chalisgaon in Maharashtra has commenced. This marks the completion of its first phase, comprising starch and liquid glucose manufacturing facility, put up at an estimated cost of Rs 260 crore,” Gujarat Ambuja Exports said in a regulatory filing today.
According to the company, with this additional facility, the installed capacity for maize grinding has reached 3,000 mt per day, which is the highest capacity in the country.
“Commencement of commercial production at the unit is one more step in the direction of establishing pan-India presence of the company in the promising maize processing sector through which the company will achieve highest market share in the sector,” it added.
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