Cadbury owner Mondelez India plans expansion of plant
Owner of popular Cadbury brand Mondelez's Indian arm Mondelez India has plans of expanding its manufacturing plant's capacity at Sri City in Tirupati district. As per the firm, the project would take an investment of Rs 1,600 crore.
State Chief Minister Y S Jagan Mohan Reddy virtually took part in the foundation stone-laying ceremony. Over the next 3 years, additional chocolate-making capacity will propel Mondelez's Sri City plant to emerge as one of its largest production plants globally.
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