PROJECT

Projects

Summary of Investment Information

Project Number

39370

Company Name

ETC AGRO PROCESSING (INDIA) PRIVATE LIMITED

Date SPI Disclosed

Feb 23, 2017

Country

India

Region

South Asia

Projected Board Date

Mar 27, 2017

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jul 20, 2022

Department

Regional Industry - MAS Asia & Pac

Industry

Agribusiness and Forestry

Previous Events

Approved : Mar 29, 2017
Signed : May 18, 2017
Invested : Jun 9, 2017

Sector

Grain Processing (Milling, Starch, Flour, Malt)

Project Description

Headquartered in Mumbai, India, ETC Agro Processing (India) Private Limited (“ETC Agro” or the “Company”), along with its associate entity ETG Agro Private Limited, are engaged in pulses processing and trading, wheat flour milling and biscuit manufacturing. The Company is in the process of setting up a new pulses processing facility of 300,000 MTPA in Kolkata, West Bengal, which, once completed, will be one of the largest pulses processing plants in the world, handling processing of yellow peas, lentils, green gram and black gram (the “Project”). The Project will allow the Company and its associate entity to expand their existing pulses processing capacity in India to about 475,000 MTPA to provide high-quality processed pulses to the Indian market; pulses are a key source of protein and an integral part of the diet of the Indian population.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation