INDIA’S LEADING BUSINESS ENTERPRISE
Favorich Agro Private Limited is the largest snack food raw-material manufacturer and supplier, nationally for over 20 years. The company has been supplying various materials and products to manufacturing brands like Kurkure, Cheetos, Takatak, Bingos, Pepsico, Parle, ITC, Britannia, United Breweries, and more for generations. Presently, the company is developing an Industrial Park and promoting the Favorich Mega food park project in Mandya District of Karnataka.
The Industrially developed plots, Standard Factory Sheds and Wholesale Godowns are being developed exclusively for setting up of Agriculture and Food Processing related industries. These are provided with utilities on service charges for Power, Water, ETP, Soft Water, Steam, etc.
The mega food park is located at Benniganahalli Village, Bookanakere Hobli, KR Pet Taluk, Mandya district of southern Karnataka. The site is located on State Highway (SH-07) and is just 25 km from NH-17 connecting Bangalore and Mysore. The site is 150 km from Bangalore, 45 Km from Mysore and 15 Kms from Pandavapura. The nearest airport is Mysore which is about 50km and Mangalore, the seaport is around 250 Kms.
We offer a fully equipped Research and Development Centre, Grading and Packing Centre, PUF type cold storage for fruits and vegetables, pre-cooling chambers, ripening chambers and affordable specialized warehouses that are dry.
BENEFITS
● 100% KIADB industrial land with state high-level committee clearance.
● Perfectly suitable as it’s on the National Highway (SH-7) and 17 KM for NH-4.
● All the common facilities that are essential to set up food and allied industries are available within the campus.
● 100% exemption from Stamp Duty, Entry Tax, APMC fees, Income tax on profits made during the first five of establishing fruits and vegetable-based processing industry.
● Rs. 50 lakhs subsidy from Ministry of food processing Industries
● Maximum of Rs.10 Crores subsidy from Ministry of Food Processing Industries
● Refund of certification charges to the extent of 50% or Rs. 2 lakhs per unit or whichever is lesser
● 50% of the cost of Effluent Treatment Plants are subject to a maximum of Rs. 100 Lakhs per unit.
