date:Dec 20, 2012
American agribusiness company Cargill plans to set up a corn milling facility in India, with an investment of $73m.
The first phase of the facility at Davangere, Karnataka will begin by the third quarter of 2014. It will produce modified starch for the processed food and pharma industries.
Cargill India chairman Siraj Chaudhry said that the plant is expected to have processing capacity of 800 to 1,000 tons.
Our plant will cater to the growing demand for modified starch in the processed food s