2 hrs ago
₹760 Crore Sukjit Biocorn Plant Planned For Yeola MIDC
A company called Sukjit Biocorn plans to build a large food-processing factory in Yeola.
The factory would cost about ₹760 crore.
It would use maize to make starch and other products.
The plant could process about 1,200 tonnes of maize each day.
Farmers in Nashik district may gain a steady buyer for their maize.
The project is also expected to create many direct and indirect jobs.
The company needs land, electricity and better road connections for the project.
It plans to finish the factory within 12 to 15 months.
Sukjit Biocorn Limited plans to invest around ₹760 crore in an agro-based food processing plant at Yeola MIDC.
The facility is expected to process about 1,200 metric tonnes of maize daily into starch and value-added products.
In its first phase, the plant is projected to create annual demand for around 3.50 lakh metric tonnes of maize.
The project is expected to generate direct and indirect employment and support transport, logistics, services, packaging and other sectors.
The company has sought 125 acres, megawatt-scale power and road connectivity, and plans to complete the project within 12 to 15 months.
- Who
- Sukjit Biocorn Limited, with support from the Maharashtra Industries Department and efforts by Chhagan Bhujbal.
- What
- A proposed ₹760 crore agro-based food processing plant that will make starch and other maize-derived products.
- Where
- Yeola MIDC, in the Chinchodi Industrial Estate, Yeola taluka, Nashik district.
- When
- The company plans to complete the project within 12 to 15 months; the articles do not specify an MoU date.
- Why
- To process maize locally, create a market for farmers, generate employment and promote industrial and economic development.
Key facts
- Investment
- Around ₹760 crore
- Processing capacity
- Approximately 1,200 metric tonnes of maize per day
- Expected first-phase maize demand
- Around 3.50 lakh metric tonnes annually
- Land requested
- Approximately 125 acres
- Project timeline
- Planned completion within 12 to 15 months
- Required infrastructure
- Megawatt-scale power connection and road connectivity
- Project status
- An MoU was signed, and the Industries Department issued an offer letter for Mega Project category inclusion
Sources
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