Monday, December 4, 2023
HomeIndustriesParaatparaa coffee to invest Rs. 237 Crores to build an Instant coffee...

Paraatparaa coffee to invest Rs. 237 Crores to build an Instant coffee manufacturing unit at Mysuru

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News in brief

Southern Cargo private limited (SCPL), a well established decades old Bangaluru based cargo carrier is one of the leading Transport Companies in South India. The company proudly claims to have big MNCs as its clients – Pepsico, Britannia, HUL, Saint Gobain, ITC, etc.

SCPL  is now diversifying into coffee business to tap the growing opportunity. They have formed a subsidiary company called “Paraataparaa coffee Pvt Ltd” to front-end the coffee business. Through this subsidiary, the southern cargo guys are investing Rs. 237 Crores to build a green field instant coffee powder making and packaging unit. 

Location and area of the land

The proposed plant is likely to come up on a 15 acre plot at Immavu industrial estate near Mysuru. The plant is likely to give direct jobs to 200 people and an equal number of indirect jobs are on anvil. 

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