Norwegian food major Orkla Foods is willing to make an investment of ₹150 crore in Kerala’s food processing sector, Atle Vidar Nagel Johansen, Executive Vice President and Chief Executive Officer of Orkla Branded Consumer Goods, has informed Chief Minister Pinarayi Vijayan.
Orkla Foods would help the State set up a food processing research centre, which would help farmers earn more income from their produce, a statement issued by the Chief Minister’s Office said.
The Norwegian firm has a 68% stake in Eastern Condiments, a prominent spices brand of Kerala, and Orkla India has been expanding its operations.
