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Nepali billionaire says the country underestimated its second Covid wave

Nepal s CG Corp in advance talks to buy listed hotel brand in India

CG Corp Global plans to invest Rs 200 cr to set up two new mfng plants in India

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.

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