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Gujarat Ambuja Exports to expand corn wet-milling capacity

October 10, 2025 at 10:19 AM UTCBy FilingReader AI

Gujarat Ambuja Exports Limited announced an MOU with the Government of Gujarat for the expansion of its derivative capacity. The company plans to establish a 900 TPD greenfield corn wet-milling plant in Himmatnagar, Gujarat. This development was formalized on October 9, 2025.

The project is estimated to cost approximately Rs. 100 crores and will be financed through internal accruals. The company highlighted that the MOU is contingent on obtaining necessary approvals and clearances from relevant authorities.

This intimation marks a strategic move for Gujarat Ambuja Exports to enhance its manufacturing footprint.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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