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Diversified firm ITC today said it plans to set up an integrated consumer goods manufacturing facility in Uttar Pradesh besides exploring investment possibilities in green energy and a logistics hub in the state in coming years.
The company has implemented significant interventions in agriculture sector in the state strengthening agri and food value chains making a meaningful contribution to the prime minister’s vision of doubling farmers’ income, ITC CEO Sanjiv Puri said in a statement.
“In alignment with the government’s Make in India vision, ITC proposes to invest in a world-class integrated consumer goods manufacturing facility in the state. The company is also exploring investment possibilities in green energy and a logistics hub in the years to come,” Puri said.
ITC has a large footprint in the state which includes a modern unit in Saharanpur and 19 co-packaging units which support local entrepreneurship, he added.
Highlighting various steps taken by the company in the state, he said through a network of 2,000 e-choupals, ITC is today empowering 12,00,000 farmers in the state.
“ITC’s agro-forestry model in Uttar Pradesh aims to provide food, fodder and wood security and de-risk farmers through alternative sources of remuneration, while contributing to carbon sequestration and soil conservation,” Puri said.