Emami Group has forayed into the food and beverage business with the launch of its edible oil brand “Healthy and Tasty”.
Emami will introduce the product in West Bengal, North-East and Karnataka, which will be followed by a pan-Indian launch.
The company is planning to set up two edible oil refineries – one at Krishnapatnam in Andhra Pradesh and another in Gujarat. The Krishnapatnam refinery will be refining palm and sunflower oil. The company plans Rs.1,000 crore investment in the next three years, he said, which might include “some domestic buyouts”.
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