Cargill invests US$20 million to support livestock farmers in Kota, Rajasthan
Premix plant will help farmers improve animal health and productivity; investment is part of company’s overall US $240M investment in India
(Jaipur, Rajasthan) February 6, 2019 – Cargill plans to invest US $20 million (Rs. 140 crores) up to set up a greenfield premix plant in Kota, Rajasthan. The plans were shared at a meeting between Cargill team, led by Imre Havasi, managing director for the company’s animal nutrition business in India, and Dr Subodh Agarwal, Additional chief secretary, Industries, Government of Rajasthan; Shri Gaurav Goyal, commissioner, Investment & NRIs, Government of Rajasthan and other senior government officials.
Cargill strives to partner in Rajasthan’s growth by bringing its global expertise in food and agriculture production to the state. The company has strategically chosen the state of Rajasthan to build this plant, as it is one of the more progressive states in the country, offering a good business environment, availability of quality raw materials, required talent and a strong customer base
The state-of-the-art plant will be built on 15 acres of land in Tathed Village of Kota District. It will feature a monthly manufacturing capacity of 7,500 tons of animal nutrition products and supplement to serve customers in the state, entire North India and also export markets. Cargill’s proposed investment supports the development of the industry, farmers and communities in and around Kota. It will also help the animal husbandry sector, including livestock farmers, by generating more than 150 jobs in the region, with both direct and indirect employment in the next three to five years.
As Cargill continues to expand and grow our business in the region, we recognize that India is an important and fast-growing feed market,” Havasi said. “We appreciate the Rajasthan government’s support to help Cargill bring our technical know-how in animal nutrition to customers, the industry and this community through our new pre-mix facility here”, he added.
Cargill Animal Nutrition is a global business unit within Cargill and represents an organization of more than 23,000 employees with 280 facilities in 40 countries, serving customers in more than 100 countries. In India, Cargill’s animal nutrition business serves dairy, poultry, shrimp and fish farmers with value-added products and services in almost every state. Cargill sells its products under some of the best-known animal health and nutrition brands like Bestmin Gold, UTPP and G-promin.
“This investment is part of Cargill’s US $240 million commitment made in November 2017 through a Memorandum of Understanding (MOU) with Indian Ministry of Food Processing Industries. This demonstrates our commitment to growing the agriculture and food processing industry in India while also supporting Indian government’s initiatives of helping farmers earn higher remuneration,” added Simon George, president, Cargill India.
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About Cargill in India
In India, Cargill started operations in 1987. It has businesses in refined oils, food ingredients, grain and oilseeds, cotton, animal nutrition, bio-industrial and trade structured finance. Cargill in India market leading consumer brands of edible oils such as Nature Fresh, Gemini, Sweekar, Leonardo Olive Oil, Rath and Sunflower brand of hydrogenated fats. It also markets wheat flour under the Nature Fresh brand name.
The animal nutrition business of Cargill provides animal feed and premix and nutrition for aqua, dairy and poultry. It markets animal feed and premix under the brands such as Provimi, Purina, and EWOS. The Cargill’s grains and oilseeds crush business originates grains and oilseeds at 200 storage locations. Overall the company employs more than 3,500 employees working across offices and plants and a network of offices, warehouses and depots.