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CAMPCO plans to invest Rs 25 crore for plant expansion in Dakshina Kannada
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Saturday, 26 November, 2011, 08 : 00 AM [IST]
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Nandita Vijay, Bangalore
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Dakshina Kannada (South Karnataka)-based Canara Arecanut Marketing and Processing Co-operative (CAMPCO) has now proposed to invest Rs 25 crore to expand its facility for production and mixing unit.
“The expansion will take the installed capacity from the current 14,000 metric tonnes to 17,000 metric tonnes,” A Subramanya Bhat, managing director, CAMPCO, told FnB News in a telephonic interaction.
The company registered a growth of 25 per cent in March 2011, and is expected to garner more revenues in the coming years going by the demand for contract manufacturing.
It recently bagged a contract to become the southern hub for chocolate manufacturing for the Anand Milk Union Limited (AMUL). “We are already engaged in production of chocolates for Nestle where CAMPCO is also a co-packer. For some chocolates of Cadbury’s, now owned by Kraft Foods, the company is engaged in cocoa bean press,” he added.
CAMPCO also manufactures for ITC, Karnataka Milk Federation, Milma, Lotte and Perfetti. The chocolate manufacturing unit is located at Kemminje Village near Puttur in Dakshina Kannada where the factory in Puttur has seen growth over the years. The production at the factory stood at 10,435 tonnes in 2008-09 and 11,065 tonnes in 2009-10. During 2010-11, the total production reached 13,623 tonnes.
As part of clean environment initiatives, the company has also opted for green energy via windmill installations.
The company, which set up its operations in 1986, inked the first pact for contract production with Nestle, since then both global and Indian chocolate majors have opted to outsource their production to CAMPCO.
The factory, which is currently the largest in South East Asia, manufactures cocoa mass, cocoa butter and cocoa powder which are industrial products for internal and export market. It also produces moulded chocolates, enrobed chocolates, chocolate eclairs, sugar-coated chocolate buttons and instant drinking chocolate which are finished products for internal market and have export potential.
Its machines are sourced from Carle & Montanari Spa, Italy, Aasted International APS, Denmark, Otto Hansel Gmbh, West Germany, Sollich Gmbh & Co., Germany and Sig Swiss Industrial Co., Switzerland.
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