The company said it had charted out a growth plan for each of its businesses -- dairy, banana and frozen foods.
"With this fresh infusion of capital, we intend to invest about $100 million into our dairy business in Bengal and grow our food processing business exponentially -- all towards our endeavour of turning into a $500 million company by 2022," company's Chairman and Managing Director Mayank Jalan said.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.