"We are in the process of acquiring a very well known brand of a listed hotel company. It will give us a much bigger bandwidth in the hotel business than we currently have," CG Corp Global Chairman Binod Chaudhary told .
Nepal s CG Corp in advance talks to buy listed hotel brand in India outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
CG Corp Global plans to invest Rs 200 cr to set up.
CG Corp Global plans to invest Rs 200 cr to set up two new mfng plants in India
NEW DELHI, May 23: Nepal-based CG Corp Global plans to invest Rs 200 crore to set up two new manufacturing plants in West Bengal and Uttar Pradesh.
The company’s FMCG arm CG Foods is eyeing Rs 1,500 crore revenue from its popular noodles brand Wai Wai in one year’s time as its aims to become a multi products company.
“We are investing every year in ramping up capacity. Our capacity is growing by 40 per cent every year… Our strategy of being close to the market will continue… We intend to invest Rs 200 crore to set up two plants in a year’s time in West Bengal and Uttar Pradesh,” CG Corp Global Chairman Binod Chaudhary told PTI.
CG Corp Global plans to invest Rs 200 crore to set up two new manufacturing plants in India indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.