Cargill Inaugurates New Corn Milling Plant to Meet Growing Demand
ECONOMY & POLICY

Cargill Inaugurates New Corn Milling Plant to Meet Growing Demand

With a combined market value of $15 billion, these sectors are witnessing high annual compounded growth rates of between 6 and 11% over next five years1, leading to increased demand for starch derivatives which are used as thickening or stabilising agents to achieve desired texture, viscosity and mouthfeel in consumer products like gummies, jellies, fillings, yogurt, cheese, processed milk and infant formula.

Cargill has a business arrangement with Saatvik who has established this dedicated production facility for starch derivatives with an initial output capacity of 500 tons per day, which can be expanded to 1,000 tons per day. This facility combines Cargill’s global product capabilities, customer network and market access opportunities with local manufacturing capabilities and operational know-how of the Indian partner to bring a consistent supply of safe, high-quality solutions to Cargill’s food manufacturing customers in India.

The plant will operate on an exclusive arrangement for Cargill, adhering to the company’s stringent global food safety and quality standards while also driving innovation, and process efficiencies for the industry. This further increases Cargill’s production capacity in India while creating supply chain efficiencies that food manufacturers rely on to meet growing consumer demand. The expansion will also enable Cargill to serve customers across North, Central, and Western India more effectively, reducing dependence on supply from the South, optimising both costs and logistics. While the facility will cater primarily to domestic demand, in future Cargill will also evaluate export opportunities to expand its market reach through this plant. The plant was inaugurated by John Fering, Group President, Food APAC, Cargill and Simon George, President Cargill India and Managing Director Food South Asia. Commenting on the launch, Simon George said, “This Gwalior plant allows us to strengthen our manufacturing network in India to serve customers from North and West India more competitively while enhancing supply chain efficiencies that benefit the entire food ecosystem. By increasing our access to local manufacturing capabilities, we are reducing supply timelines, increasing cost-effectiveness, and ensuring a more stable supply of essential food solutions that food manufacturers need to meet evolving consumer preferences.” Furthermore, “this step reflects our commitment to fostering industry growth by integrating our global expertise with India’s strong manufacturing capabilities, supporting the growth of Indian entrepreneurs, ultimately creating more value for customers and consumers alike”, he added.

This initiative reflects Cargill’s ongoing commitment to be a go-to partner for innovation and growth for its customers – from food manufacturing, foodservice to retail – supporting them with essential and high-quality food ingredients and solutions, and thereby contribute to India’s growing food and beverage industry. The initiative also aligns with the ‘Make in India’ vision, fostering long-term, sustainable growth for both businesses and consumers.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

With a combined market value of $15 billion, these sectors are witnessing high annual compounded growth rates of between 6 and 11% over next five years1, leading to increased demand for starch derivatives which are used as thickening or stabilising agents to achieve desired texture, viscosity and mouthfeel in consumer products like gummies, jellies, fillings, yogurt, cheese, processed milk and infant formula. Cargill has a business arrangement with Saatvik who has established this dedicated production facility for starch derivatives with an initial output capacity of 500 tons per day, which can be expanded to 1,000 tons per day. This facility combines Cargill’s global product capabilities, customer network and market access opportunities with local manufacturing capabilities and operational know-how of the Indian partner to bring a consistent supply of safe, high-quality solutions to Cargill’s food manufacturing customers in India. The plant will operate on an exclusive arrangement for Cargill, adhering to the company’s stringent global food safety and quality standards while also driving innovation, and process efficiencies for the industry. This further increases Cargill’s production capacity in India while creating supply chain efficiencies that food manufacturers rely on to meet growing consumer demand. The expansion will also enable Cargill to serve customers across North, Central, and Western India more effectively, reducing dependence on supply from the South, optimising both costs and logistics. While the facility will cater primarily to domestic demand, in future Cargill will also evaluate export opportunities to expand its market reach through this plant. The plant was inaugurated by John Fering, Group President, Food APAC, Cargill and Simon George, President Cargill India and Managing Director Food South Asia. Commenting on the launch, Simon George said, “This Gwalior plant allows us to strengthen our manufacturing network in India to serve customers from North and West India more competitively while enhancing supply chain efficiencies that benefit the entire food ecosystem. By increasing our access to local manufacturing capabilities, we are reducing supply timelines, increasing cost-effectiveness, and ensuring a more stable supply of essential food solutions that food manufacturers need to meet evolving consumer preferences.” Furthermore, “this step reflects our commitment to fostering industry growth by integrating our global expertise with India’s strong manufacturing capabilities, supporting the growth of Indian entrepreneurs, ultimately creating more value for customers and consumers alike”, he added. This initiative reflects Cargill’s ongoing commitment to be a go-to partner for innovation and growth for its customers – from food manufacturing, foodservice to retail – supporting them with essential and high-quality food ingredients and solutions, and thereby contribute to India’s growing food and beverage industry. The initiative also aligns with the ‘Make in India’ vision, fostering long-term, sustainable growth for both businesses and consumers.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement