John Distilleries plans new plant, to invest Rs 600 crore
Bengaluru-based liquor maker, John Distilleries has plans to set up a new facility with an investment of Rs 600 crore. This comes as the firm aims for Rs 2,500 crore in revenue within five years. The project would be funded through a mix of debt and cash from internal accruals.
The firm has identified a land parcel in Karnataka and expects the proposed greenfield unit to be operational by 2030.
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