Mars Inc to infuse Rs 800 crore for expansion of Telangana Plant

28 Aug 2023 , 09:44 AM

Mars Inc, a global manufacturer of confectionary, pet food, and other food items, has announced an investment of Rs 800 crore to begin phase-II development of its Telangana factory.

Mars Petcare, the company’s pet food and pet healthcare subsidiary, operates a plant in Siddipet district with a fixed capital investment of Rs 200 crore, where pet food is manufactured under well-known names such as Pedigree and Whiskers.

According to an official release, the recent announcement brings Mars Inc’s total fixed capital investment in the state to Rs 1,500 crore. According to the report, a Telangana State delegation led by Industries Minister K T Rama Rao met in New York with Sekhar Krishnamoorthy, Chief Data and Analytics Officer for Pet Nutrition at Mars Inc.

Given the significant growth of the Indian pet food market, Mars has expressed interest in starting phase II expansion of their Siddipet factory.

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