October 6, 2009

Keventer Agro invests Rs 125 cr for first cold store chain in Bengal

KOLKATA,October 5, 2009: Kolkata-based Keventer Agro group has invested Rs 125 crore in West Bengal’s first integrated cold store chain project.The integrated cold store chain is part of Keventer’s new foray into fresh foods through Keventer Fresh Limited (KFL).

Mahendra Kumar Jalan, chairman, Keventer, said at the launch of the project, the total land for the project was 250 acres. KFL integrates supply chain management solutions to modern retail and cash & carry formats. KFL has already tied up with Metro Cash & Carry, Aditya Birla Retail, Pantaloons and Reliance Retail, among others. The project was part of the Union food processing ministry’s 100-day programme.
Union minister for food process industries, Subodh Kant Sahay, said that the Union government would extend Rs 10 crore as part of its incentive scheme for cold store chains. The project comprised dry and wet sections. While the dry section was equipped to handle staples, FMCG foods, potatoes and onions, the wet section had facilities like pre-cooling chambers, fruit washing, sorting and grading chambers.

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