MDH Spices, a leading spice manufacturer, has announced its intention to establish a new manufacturing facility in Ujjain, with an investment of INR 150 crore. Additionally, the company aims to invest INR 2,000 crore in expanding its operations across India in the forthcoming years.
The company has acquired a 16-acre plot in Ujjain.
The company has already allocated INR 5 crore towards its Indore plant investment.
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Rajeev Gulati, CMD, MDH Spices, said, “We have taken 16 acre in Ujjain and intend to invest almost INR 150 crore in the coming 2 years. This will be our third largest unit after Faridabad and Nagaur in Rajastha. MP happens to be the center of India and this makes procurement and processing of spices easy. Here we will be producing more because logistically well placed and sending it across MP is easy.”
Gulati mentioned that the increasing demand for Indian spices is creating opportunities for export expansion. He further stated that he is considering the establishment of an export-oriented unit in the state.
“Within India also we are improving and innovating. We are bringing in new blends suitable for different markets,” said Gulati.
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