Jain Irrigation bags Rs82-crore order for mango pulp

03 August 2006

Mumbai: Jain Irrigation Systems' fruit processing division has received orders for mango pulp worth over Rs82 crore (Rs820 million) from various parties for the current season.

The company said expects to reach mango product sales in excess of Rs 95crore in the current financial year. This represents growth in mango business of over 100 per cent from the previous season.

The company's export of mango pulp is expected to cross Rs70 crore as against Rs21.5 crore last year. Domestic sales mostly come from supplies of mango pulp to Coca-Cola India.

The company has four plants for fruit processing and has processed about 48,000 tonnes of mangoes in the current season.

Jain Irrigation Systems is among the leading producers of mango pulp in India and is possibly amongst the first three processors in the world. Based on current order book and order under negotiations, the fruit and vegetable processing division's sales turnover is expected to cross Rs225 crore in the current financial year as against Rs 100 crore last year.

The company has recently set up a modern facility for the production of frozen fruit pulps and concentrates. It also proposes to ramp up this capacity by 100 per before the next season.