Plans to invest in a greenfield facility
Symega Food Ingredients, has announced its foray into the plant-based protein space, and the launch of a purpose-built manufacturing unit in Kochi.
With a state-of-the-art R&D laboratory and a 150 MT per month capacity line, fitted with the latest machinery specifically for plant-based food manufacturing, Symega is poised to cater to the growing demands of plant-based foods in India and abroad.
Santhosh Stephen, Managing Director of Symega said, “Plant-based proteins is not limited to only vegan food items, but is fast growing as a logical alternative for healthy food habits and a sustainable lifestyle. Symega is committed to become the platform for this change and make India the hub of plant-based protein revolution in Asia. To that extent, we are committing Rs 100 crores over the next five years to ramp up R&D and manufacturing capabilities”.
Symega also announced its plan to invest in a greenfield facility to manufacture extruded proteins and double existing capacity by the end of this year. By 2030, Symega aims to make India the manufacturing hub of plant-based proteins for Europe & Asia.
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