Project Description
Future Consumer Enterprise Limited (FCEL, or the Company) is an integrated food processing company with agricultural commodities sourcing, processing as well as development and manufacturing of value-added products for its Fast Moving Consumer Goods (FMCG). FCEL is publicly listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Company plans to undertake a capital expansion program for investments in (i) development of new products for its FMCG brands; (ii) expansion of its sourcing operations; (iii) further development of a 114 acre state-of-the-art integrated food park (IFP) in partnership with the Ministry of Food Processing Industries at Tumkur Region, Karnataka; and (iv) development of manufacturing and processing operations for dairy products, fruits and vegetables, oats and sauces & ketchups (Project).