KATHMANDU: CG Corp Global is all set to launch a mega food park in Rajasthan’s Ajmer in three months. CG Corp Global will launch the food park in September, its Chairman Binod Chaudhary said.
The food park, spread over 100 acres, involves an investment of Rs 150 crore.
The project, which will also involve a chain of cold storages and processing units, will benefit thousands of farmers and provide employment to many in Ajmer and the surrounding areas.
“The food park will link farmers to the market directly,” Chaudhary said, adding the project falls under the Modi government’s ‘Make in India’ program.
“We have plans to expand in India significantly without shifting our headquarters from Nepal,” said the chairman of the group which is into fast-moving consumers goods (FMCG), electronics, education, cement, energy, hospitality,ArealtyAdevelopment, financial services, telecom, Ayurveda, biotech, and engineering and construction sectors in 80 countries across the globe.
The group, with 112 companies and 76 brands, already has a large presence in India. It has 66 hotels under the brand name Fern spread across almost every city of India, in joint venture with the Taj.
The CG group also has a substantial presence in other South Asian countries and is working on increasing that.
The group will be setting up a cement plant in Sri Lanka in two years, Chaudhary said, adding it will be the largest in the island nation.
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