Beverage company Parle Agro set to construct new manufacturing plant as it targets US$1.3B turnover by 2022

INDIA – Parle Agro, a beverage company, has announced plans to construct a new manufacturing plant in Vijaywada, Andhra Pradesh as it gears up to touch a turnover of Rs 10,000 crore (US$1.3 billion) by 2022. It has already set up greenfield facilities in Sitarganj, Uttarakhand and Mysore, Karnataka, which are the largest in terms of size and manufacturing capacity amongst all of the company’s plants. Parle Agro has a total of 67 manufacturing units in India, out of which nine are company-owned beverage units and one is a standalone…

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