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The Hindu

National

A.D. Rangarajan

Mondelez India to invest ₹1,600 crore in its manufacturing facility at Sri City

Mondelez Mondelez India Sri City Tirupati

Chief Minister Y.S. Jagan Mohan Reddy participated virtually in the groundbreaking ceremony of the expansion unit of Mondelez India’s manufacturing facility in the Sri City of Tirupati district on Tuesday.

The company, which manufactures chocolate-based products, will be investing ₹1,600 crore in its new facility. With the investment made over the next three years, the Sri City plant will become the world’s largest production facility of Mondelez International. Mondelez India Vice-President (supply chain) Venkat Venepally also joined virtually and presided over the event.

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