Telangana-based Indigene Foods, which is setting up a dedicated park for the production of a wide variety of protein products, is expecting its 25 acre facility to become fully operational by the end of March, 2022. Speaking with Ritwik Sinha of indoasiancommodities, CEO of the firm Dr. Rangaiah Setlam said different sections of plant will become operational during the course of the year and once it is ready, the protein food centric plant will be able to generate a business of Rs 500 crore.
“We have been working on this plant since 2018-19 and 30-40 percent of this facility has already become operational. The dairy section with a daily processing capacity of 1 lakh litre will get fully commissioned in the next few months. This will be followed by the addition of new sections. We are expecting to make this plant fully operational by the end of the current financial year,” he said.
The company has already introduced antibiotic free milk in the local market processed at the plant. For sourcing of bulk milk, it has joined hands with a leading milk cooperative and about 6,000 local dairy farmers. When it becomes fully operational, 25 percent of its processed milk will be catered directly to the consumers while remaining will be used for the bulk production of value added dairy and protein products.
“Cheese and other milk items, energy bars, protein shakes and powders, vegan soya are the other leading products which will be produced at this facility. We are putting in state-of-the-art machinery here and the total investment in this project would be close to Rs 170 crore,” he added.
A large part of protein food produced at this unit would be meant for exports and according to Dr. Setlam, the company is currently scouting for regular buyers in the US, Europe, and the Gulf. “ We are targeting to export 40 percent of our total produce. Products like protein shakes and bars and value added milk products are much in demand in these countries,” he explained while adding that the company is developing niche protein food categories like snore remedy, functional snacks, probiotics, and a host of immunity products.
Supported by the Ministry of Food Processing’s food parks programme, Indigene’s facility is coming up at Ghanapur village in Vikarabad district of Telangana. Its main promoter, Dr. Setlam, is considered a veteran in the Food Processing Business having spent over two decades in the Gulf, holding senior positions with leading food processing and commodity firms like Zaki Foods, Facor Group and Ali Shaihani Group.