Congelados De Navarra

Spanish firm Congelados De Navarra and fertiliser major IFFCO are setting up a quick freezer plant for vegetables in Ludhiana, Punjab, with an initial investment of ₹550 crore. The facility will have a processing capacity of up to 80,000 tonnes per annum and is expected to start production in two years.

Spain-based Congelados De Navarra will invest Rs 300 crore to set up a food processing unit in Ludhiana, Punjab, India. The project is expected to generate 400 direct and 5,000 indirect jobs, with production starting 18 months after the foundation stone is laid by end of 2018.