ETG Agro commissions nut processing unit in Gujarat
For the 12 months 2021-22, the corporate is estimating the gross sales of over 8,000 tonne nuts.
Originally a pulses processor, ETG Agro India’s transfer so as to add this new product line and open a brand new income stream comes on the heels of rising demand for nuts in the Indian market, Parage Gadre, CEO, ETG Agro India stated. The plant’s processing capability is over 10,000 tonne uncooked almonds every year which is able to quickly develop to walnuts, pistachios, and cashews.
“Presently we are observing some interesting trends in consumption of staples and overall snacking at home. Consumers across demographics and age groups are exercising increasing health consciousness,including mental health while making choices for bites at home.ETG PRO Nuts plant aims to deliver pure and hygienic nuts to the consumer while being a solid partner to India’s nuts traders and institutional buyers,” he stated.
The firm will likely be sourcing nuts equivalent to walnuts and cashews from home growers and almonds from international origins such because the USA and Australia. In India per capita consumption of nuts is 60-70gm every year, whereas in the worldwide market consumption is over 550g every year.
The firm’s long run strategic marketing strategy is to diversify into rising meals, commodities, worth added processed staples, plant-based protein purposes and elements, stated Gadre. “In the near future, the plant also aims to produce nuts ingredients meant for sweets, biscuits, ice-creams, and other user industries,”he stated.
The firm has employed a workforce of over 100 native girls after imparting requisite talent units to function the sorting line of the plant and in the following two years, it goals to supply direct employment to 300 girls from the area people.