Calcutta, Sept. 12: Mohani Tea Leaves Pvt Ltd, which has facilities mainly in north India, will invest Rs 25 crore to set up a bought leaf factory in the Jalpaiguri district.

The factory will have capacity to produce 3 million kg of tea annually. This will be sent to its unit in Kanpur for final blending and packaging into bags.

In line with a plan to tap the export markets in the Commonwealth of Independent States, China and Poland, the company is beefing up production capacity in Kanpur. It already has three factories there with a cumulative capacity of 100 tonnes per day. It plans to increase the capacity by another 100 tonnes by next year and has purchased a 25-acre plot.

Mohani has recently forayed into the West African markets of Niger, Mali, Burkina Faso, Mauritania and Ghana. The first shipment to the CIS is expected next month.

The company expects to clock a turnover of Rs 700 crore in the next five years. It expects its turnover to grow over 27 per cent this year to reach Rs 350 crore from about Rs 275 crore last year.

“Our major markets are Uttar Pradesh, Uttaranchal, followed by Punjab, J&K, Madhya Pradesh, Bihar and Jharkhand,” managing director Ramesh Chand Agarwal said.

The company is also betting on online sales, with its e-portal likely to be unveiled next month.