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French food major to set up unit in Telangana
France-based Georges Monin SAS a company that produces flavored syrups for use in foods and beverages signed an MoU with the State of Telangana in the presence of IT Minister, K T Rama Rao.
Hyderabad: France-based Georges Monin SAS a company that produces flavored syrups for use in foods and beverages signed an MoU with the State of Telangana in the presence of IT Minister, K T Rama Rao.
With an investment up to Rs. 100 crores, Georges Monin SAS will set up production facilities in Telangana to manufacture gourmet flavors from a wide range of fruits, vegetables, flowers, and nuts.
The unit is expected to generate more than 200 direct and indirect employment opportunities in the state.
The government of Telangana is encouraging food processing sector in the state with objectives of increasing farm incomes and reducing food wastage.
At the MoU signing program, Minister Rama Rao said, “We will provide complete assistance to Georges Monin SAS in setting up of its unit in the state.”
Georges Monin SAS is a France based 106-year-old company and a global leader in gourmet flavor business.
