Oil palm company 3F will be setting up a ₹250 crore integrated oil palm factory in Arunachal Pradesh.
It acquired 120 acres in February and obtained necessary approvals and statutory clearances pertaining to the land. The ground-breaking ceremony will be held on September 30 at Roing in Lower Dibang Valley, the Hyderabad-based 3F Oil Palm said on Tuesday.
The facility will be developed in two phases and the first, which is expected to generate employment for 300 people, is likely to be commissioned by September 2023.