LOTTE India, a chocolate manufacturer and supplier, has invested Rs 185 crore to ramp up production at its factory in Tamil Nadu. The expansion will increase the production of the company s Choco Pie range and create 200 jobs in the region. The facility, which has expanded by 85,562 sq ft, is now one of the largest factories in India. The increased production capacity will allow LOTTE India to meet the growing demand in the domestic market and potentially explore export opportunities in the future.
LOTTE India, a chocolate manufacturer and supplier, has invested Rs 185 crore to ramp up production at its factory in Tamil Nadu. The expansion will increase the production of the company s Choco Pie range and create 200 jobs in the region. The facility, which has expanded by 85,562 sq ft, is now one of the largest factories in India. The increased production capacity will allow LOTTE India to meet the growing demand in the domestic market and potentially explore export opportunities in the future.
The Indian government will issue two tranches of sovereign gold bonds during H1 2023-24. The bonds will be available for sale to resident individuals, HUFs, trusts, universities and charitable institutions, and will be denominated in multiples of grams of gold with a basic unit of one gram
The price of SGB will be fixed in Indian rupees on the basis of a simple average of the closing price of gold of 999 purity, published by the IBJA for the past three working days of the week preceding the subscription period
The first tranche, 2023-24 Series I, will be issued from June 19 and continue till June 23. The second issue, 2023-24 Series II, will be issued between September 11 and 15, 2023, Reserve Bank of India (RBI) said in a statement.