Tata Global Beverages to invest Rs.100 Cr in a Tea Packing Unit in Odisha’s Gopalpur, to be operational by 2020
Gopalpur : TATA Steel Special Economic Zone Ltd. (TSSEZL) performed a groundbreaking ceremony to start construction of industrial shed for setting up a tea packing unit with 36 million kgs capacity by TATA Global Beverages Ltd. (TGBL). The plant will cater to TGBL’s Indian market and is scheduled to be operational by end of 2020. On full capacity, the plant will generate direct & indirect engagement opportunity for approximately 650 persons. The total investments envisaged for the plant is approx. Rs 100 Crores.
Gopalpur industrial park is located on National Highway 16 near Berhampur and is just 2-hour drive from Bhubaneswar. With plug and play infrastructure, multi-modal logistics connectivity, ready environmental clearance and clear land title, Gopalpur Industrial park is emerging as the preferred investment destination of India. The flexibility of setting up unit either in Special Economic Zone for export oriented units, Domestic tariff Area for the units targeting Indian market in multiple clusters like Steel & Metal downstream, Chemical, Food Processing, Electrical & Electronics Manufacturing, Textile & Apparel and Logistics makes it the ideal location both for MSME and large companies.
At present, there are three operating units including the Ferro Chrome plant, the anchor unit by Tata Steel, and about six investors are in various stages of approval to start their construction activities. TSSEZL has been engaging with other potential investors across the country and abroad and expects to firm up agreements with few of the companies shortly.
The ceremony was attended by Mr Vijay Amruta Kulange, IAS, Collector & District Magistrate, Ganjam, Mr Brijesh Kumar Rai, IPS, SP, Ganjam, Mr. S S Malhotra, Vice President – Operations (South Asia), TGBL and Mr. Arun Misra, Chairman TSSEZL & VP (RM), Tata Steel, in the presence of other government officials, customers of the industrial park and officials from TGBL, Tata Steel and TSSEZL.