Britannia keen to set up new unit in Orissa

Bhubaneswar: Britannia Industries, one of India’s leading biscuit and confectionery company, has shown interest to set up an unit in Orissa.

The proposed unit, costing about Rs 25 crore will come up over 10 to 15 acres of land near Bhubaneswar. The unit will have an installed capacity to produce about 2,500 tonnes of biscuit per month.

The senior officials of the company have discussed the proposal with Industrial Promotion and Investment Corporation of Orissa (IPICOL), the state-owned agency engaged in industry promotion activities.

A formal proposal in this regard is expected to be submitted to the Orissa government soon, sources said.

It being a labour intensive industry, the unit will employ about 300 persons.

The company, at present, has manufacturing facilities in Uttaranchal, Delhi, Chennai and Kolkata.