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Muttiah Muralitharan set to invest INR 1,400 crore in beverage manufacturing

It is anticipated that Muralitharan's sizable investment will strengthen the Chamarajanagar local economy and generate jobs.

Former Sri Lankan cricketing legend, Muttiah Muralitharan is set to launch a new enterprise in India, investing a colossal INR 1,400 crore in stages to develop a beverage and confectionary plant in Badanaguppe, Chamarajanagar District.

Muralitharan made the decision after meeting with Karnataka’s Industries Minister, M B Patil, to discuss project specifics. Muralitharan, an accomplished businessman with a soft drink firm in Sri Lanka, is broadening his horizons with this “greenfield” initiative under the name “Muttiah Beverages and Confectioneries.” The Chamarajanagar unit is anticipated to be operational in January 2025.

Since its inception, the project’s scope has expanded significantly. According to Minister Patil, the investment amount has been amended from INR 230 crore to INR 1,000 crore, with intentions to increase to INR 1,400 crore in the future years.

The Karnataka government has expressed its support for the project. Officials have been directed to rectify any minor issues with the unit’s allocated 46 acres of land. Muralitharan has also stated his intention to open another plant in Dharwad to produce beverage cans.

It is anticipated that Muralitharan’s sizable investment will strengthen the Chamarajanagar local economy and generate jobs. The initiative has the potential to advance Karnataka’s food and beverage industry.

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