Food Empire to establish 2nd coffee processing facility in Andhra Pradesh for $65 mil

SINGAPORE (Feb 27): Food Empire Holdings has inked a memorandum of understanding (MoU) with India’s Government of Andhra Pradesh to set up its second instant coffee processing facility there.

The investment is valued at approximately INR319 crores ($65 million), and will be made under the group’s Indus Coffee subsidiary and in partnership with IE Singapore.

It is expected to generate 350 new jobs.

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