Bhubaneswar: Japanese food processing giant Indo Nissin Foods is in the process of setting up its second unit in Odisha’s Khordha, which will be their largest unit in India, said an official on Wednesday.
Indo Nissin Foods with its brands such as Top Ramen has been operating out of Khordha Food Park for the last 30 years.
It is in the process of setting up its second unit in the same vicinity, which will be their largest unit in India.
“The decision of investing in Odisha was the best investment decision we have taken in our 30 year history,” said Gautama Sharma, managing director of Indo Nissin Food.
He was participating in the webinar on Food Processing Opportunities in Indian States, Organised by Invest India, the national investment promotion and facilitation agency.
“We have one of the best manufacturing efficiencies at Odisha which is a benchmark for us. With the expansion of our facilities at Khordha, we will have our largest facility in the country at Odisha,” Sharma added.
The noodle maker has so far invested $20 million in its manufacturing units in Odisha and will continue to do so, he added.
For investors wishing to invest in food processing business, Odisha offers a unique investment opportunity as it is bestowed with varied agro-climatic zones and offers ready-to-move infrastructure setup.
Food processing offers opportunities for employment directly and indirectly. Sourcing the locally produced fruits and other ingredients will benefit rural and especially tribal women of the state, suggested MSME Minister Dibya Shankar Mishra.