Karnataka government expecting Rs 2,819 crore investment in food sector
Bengaluru: The state government is expecting a total investment of Rs 2,819 crore in the agro-based food processing sector at Invest Karnataka 2016 which includes proposals for two automated milk conversion plants at Dabaspete and Dharwad. A total of 12 proposals based on the PPP model will be showcased at the meet, of which nine are from the animal husbandry sector. The two milk conversion plants with 100-MT capacity, will have a processing facility for manufacture of whole milk powder, skimmed milk powder and dairy whitener. Each plant will have an investment outlay of Rs 325 crore and will meet public requirements when there is a shortage, said an officer of animal husbandry department.
The state has also invited partners to jointly set up mega cattle feed manufacturing plants at Vijayapura, Davangere and Chikkaballapura with a capacity of 500 metric tonnes per day per unit. The proposed projects will be taken up under PPP model at a cost of Rs 600 crore.
The government is expecting investments to set up blown film plants for manufacturing pouches. These poly pouches and flexi pouches are used for packing milk with an investment of Rs 120 crore expected for the project under PPP model. The proposed plants will be set up at Bidadi.
The state is planning to set up a corrugated box manufacturing unit of 1500 MT capacity. The project will be taken up under PPP model at Bidadi and will cost Rs 50 crore. The corrugated boxes are used as shipping containers for dairy products. Plants for producing health drinks, ready to eat foods, flavoured milk and milk shakes are also on the anvil. The proposed plants will be under PPP model and will come up at a cost of Rs 160 crore at Hesarghatta.
