Gemini Edibles & Fats India (GEF India), the company behind Freedom brand edible oils, will be setting up an edible oil refinery near Hyderabad with an investment of ₹400 crore.
The proposed unit will provide employment to more than 1,000 people from the State and support many oilseed farmers in the State, the company said after founder and Managing Director Pradeep Chowdhry met Industries Minister K.T. Rama Rao.
Welcoming the decision of Gemini Edibles, conveyed by Mr. Chowdhry, the Minister said the State government would extend all cooperation to the organisation.