India’s Leading agro-food processing company

The Mega Food Park project would consist of four components:

- Core Processing Center (CPC)

- Industrial Area (IA)

- Primary Processing Centre (PPC)

- Collection Centre (CC)


India’s Leading agro-food processing company

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.

Favorich Mega Food Park is a unique organized industrial cluster model conceptualized by Favorich group to overcome the key constraints faced by the Agro-Food processing industries presently in India. The model is conceived with the farmer community in mind, to provide a market for their produce all the year round and also support and encourage them to produce quality agricultural products. It also gives an opportunity to farmers to use the central processing facility to clean, grade, pack and market their produce directly under a brand for their benefit.

Favorich -Mega Food Park is a unique organized industrial cluster model conceptualized by Favorich group to overcome the key constraints faced by the Agro-Food processing industries presently in India Viz., land acquisition, liasioning, uninterrupted, cheaper and quality power, water, Roads, Sewage, logistics facilities and other benefits. The Mega food park would primarily consist of the three layouts.

Layout 1: Food Processing Industries

The first layout is 250 acres of industrial area that would house food processing industries that would invest around INR 300 to 350 Crores in the long run. This component will industrial plots and around 20 to 25 ready to move in Sheds for MME sector with plug in to operate facility. The plots and sheds are either sold or provided on a long lease, with access to water and power to all such industries and basic infrastructure like roads, parking, and facilities for waste disposal.

Layout 2: Collection Centers

The second layout is an establishment of Collection Centers in around 10 interior places to procure agricultural raw material from farmers and provide primary processing facilities so that the procured food is provided immediate minimal treatment to increase shelf life like pre-cooling, cold storage, primary cleaning etc. These raw materials so processed are channeled to the Central Processing center of the Mega food park or supplied in raw or treated form to food industries in the Food Park or elsewhere.

Layout 3: Central Processing Unit

The third layout of the park is core to the mega food park, called Central Processing unit, that processes agriculture and horticulture produce from the primary processing centers to grade, clean, mill, pack them for onward supply to food processing units not only in the mega food park but elsewhere in the world. The products will include primary agriculture products or intermediaries. This core processing facility will consist of cleaning, grading, sorting and packing of fruits, vegetables, cereals, pulses and other grains, multi grain milling plant, multi fruits pulping, concentration, asceptic packaging, coconut processing and oil extraction unit, animal feed unit and other with a total capacity of 26 TPH or 200 TPD capacity.

Mega Food Park is located at Bannenanhalli Village, Bookanakere Hobli, KR Pet Taluk, Mandya district of southern Karnataka. The site is located on State Highway (SH-07) and is just 25 Kms from NH-17 connecting Bangalore – Mysore. The site is 150 Kms from Bangalore, 45 Km from Mysore and 15 Kms from Pandavapura. Nearest Airport is Mysore which is around 50Kms and seaport is Mangalore which is around 250 Kms.

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.