The Telegraph
Since 1st March, 1999
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Bangalore firm to set up unit in Haldia

Calcutta, Nov. 7: Calypso Foods, a Bangalore-based company, has decided to invest Rs 18 crore in fruit and vegetable processing units in Bengal.

Calypso Foods, set up in 1998 and promoted by Debasish Mitra, Suvro Sen, Sartaj J. Singh and Vineeta Mitra, has informed the state government of their investment plan in three phases. In the first phase, an export-oriented pineapple processing unit will be set up in Haldia having a 45,000 tonnes per annum capacity. The company has asked for 10 acre of land at Haldia.

This will be the first pineapple processing unit in the state.

Bengal chief minister Buddhadeb Bhattacharjee said the government would sign a memorandum of understanding with Calypso Foods shortly.

He was speaking at a special plenary session of ‘Agro-East’ organised by the Confederation of Indian Industry (CII).

He also informed CII members that Frito Lays, a subsidiary of Pepsico India, would start operations in its proposed potato processing unit in mid-December. Pepsico India is investing Rs 80 crore in the project at Sankrail in Howrah.

Bhattacharjee said Salim group of Indonesia has evinced interest to set up a packaging unit on a joint venture basis. “They have discussed their project with Sanjay Budhia of Patton Limited and Pataka Industries,” he said.

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