INDIA’S CREMICA FOOD PLANS NEW PRODUCTION CENTRE
November 1st, 2014
India’s sauce and mayonnaise manufacturer Cremica Food Industries is building a new factory in the northern state of Himachal Pradesh, which could double its production capacity in two years, just-food has been told.“We are setting up the infrastructure for the future growth,” Mr Akshay Bector, chairman and managing director of Cremica told just-food: “We are experiencing 25% to 30% growth [in sales] every year and are very well placed to take on bigger market share.”The factory will cost USD16 million to build and is being part-funded by a Mega Food ...
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