9OCTOBER, 2025of agreements by 26 companies that are Indian and global leaders in multiple sectors for a total of 68 projects.Reliance Consumer Products, Coca-Cola System in India, Amul, Nestlé India, Tata Consumer Products, and Carlsberg India are some of the important signatories. Reliance Consumer Products declared a 40,000 crore integrated food manufacturing unit for the setting-up of the project, whereas three Coca-Cola bottlers vowed 25,760 crore for their greenfield and brownfield projects.Among others, companies such as Patanjali Foods, Haldiram Snacks, Godrej Agrovet, Dabur India, BL Agro Industries, Mrs Bectors Food Specialities, AB InBev, and the Indian Poultry Alliance issued MoUs.DuPont, on the other hand, will invest $170 million to build a new fermentation-grade corn-derived citric acid manufacturing plant in the state of Texas, the latest facility, to serve the global growth of the clean made in Indian states such as Gujarat, Maharashtra, Uttar Pradesh, Punjab, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Bihar, Odisha, West Bengal, and multiple northeastern states.Union Minister for Food Processing Chirag Paswan said that the support of investors was today's biggest India's food processing industry who made the announcement that India was one of the biggest markets for the food processing sector is to be considered as one of the major drivers for our country's economic growth and employment of billions of people is going to be the result of it. GOVT ANNOUNCES 1.02 TRILLION BOOST FOR FOOD PROCESSING SECTORDuring the World Food India 2025 summit, held from September 25 to 28 at Bharat Mandapam, New Delhi, the Central government signed investment agreements worth over Rs 1.02 lakh crore for the food processing sector in India.A flagship event of the Ministry of Food Processing Industries, it was inaugurated by the Prime Minister Narendra Modi and concluded on a historic note with signing AZAD ENGINEERING SECURES EXTENDED CONTRACT WITH MITSUBISHI JAPANAzad Engineering Limited has signed a new long-term contract and price agreement with Mitsubishi Heavy Industries (MHI), Japan, worth $73.47 million (651 crore). The precision engineering company from Hyderabad has announced this new development through its stock exchanges filing.The scope of the contract includes the supply of highly engineered rotating and stationary airfoils of advanced gas and thermal power turbine engines which are MHI's global requirements in the power generation sector. These are critical components for high-performance turbine engines installed in energy infrastructure all over the world.This latest transaction extends the relationship between the two signing companies back to the previous contract dated November 3, 2024. With this new agreement, the value of the combined orders is now $156.36 million (Rs 1,387 crore) and thus, the long-term strategic partnership of Azad Engineering with MHI is much deepened.The newly-signed contract is an international long-term agreement with a five-year delivery schedule as is customary in such cases, thus reaffirming the company's position as a reliable supplier of clean energy projects globally. Azad Engineering made it clear that the agreement is not connected with related party transactions, and that the company does not hold any shares in MHI.The collaboration with MHI will become a major source of support for Azad Engineering in its efforts to further position the company as a prime source of the highest standards of aerospace, energy, and defense industries' supply, which is in line with its vision to increase its presence internationally and maintain its competitiveness in the global market.
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