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Venky's Invests in Expansion

by 5m Editor
18 July 2011, at 11:01am

INDIA - Venky's India has announced it is to invest more than one billion rupees (INR) for expansion.

Venky's (India) Ltd has announced that it has decided to undertake an expansion-cum-modernisation programme at a cost of INR1.07 billion to augment the capacities in poultry and animal health product segments, according to Hindu Business Line.

It has also decided to modernise its oilseed segment and to set up further 'Venky's Xprs' outlets.

The programme will be funded by internal accruals and long term loans, according to a company statement.