Uniindia: Hyderabad, June 24 (UNI) Freedom Refined Sunflower Oil, the flagship brand of Hyderabad-based Gemini Edibles & Fats India Limited (GEF India) on Friday announced to set up an integrated edible oil manufacturing plant with an investment of Rs 500 crore in Telangana.
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Three new ports to boost maritime trade
The State government’s plan to construct landlord ports at Bhavanapadu (Srikakulam district), Ramayapatnam (Prakasam) and Machilipatnam (Krishna) is intended to give further boost to the maritime trade being largely done now by the State’s only major port at Visakhapatnam and the thriving private ports at Krishnapatnam (Nellore), Gangavaram (Visakhapatnam) and Kakinada (East Godavari).
According to official sources, the Krishnapatnam, Ganagavaram and Kakinada ports together are handling over 100 million tonnes (mtT) of cargo every year on an average.
The Krishnapatnam port alone is handling 55 MT and it is followed by the Gangavaram port which accounts for about 35 MT.