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The Charoen Pokphand Group plans new Indian shrimp and animal feedmills

Construction of first plant to commence late 2008 or early 2009

July 14, 2008

The Charoen Pokphand Group plans new Indian shrimp and animal feedmills   

Thailand's Charoen Pokphand Group has announced plans to build two feedmills in India, bringing the number to four. The first to be built will be an animal feed plant in Assam, with an initial investment of $10 million. Construction is expected to begin late this year or late next. A shrimp feed plant in Gujarat will follow.

Pinij Kungvankij, CP's senior vice-president and vice-president of CP Aquaculture (India) said in a newspaper interview that the new plants would be located in areas where raw materials are readily available.

CP is already well established in the country, having so far invested  $60 million in two feed plants that employ more than 400 people.

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