Investment of Rs 500 Crores to Create Over 750 Job Opportunities in Gujarat.
Gujarat, December 14, 2023: Wardwizard Foods and Beverages Limited has officially inked a groundbreaking Memorandum of Understanding (MoU) with the Government of Gujarat, signifying a momentous step in bolstering food manufacturing capacities within the state.
In a ceremony held on December 13, 2023, Mr. D. H. Shah, IAS, representing the Government of Gujarat, and Ms. Sheetal Bhalerao, Chairperson and Managing Director of Wardwizard Foods and Beverages Ltd, formally sealed the agreement.
Wardwizard Foods and Beverages Ltd, under the leadership of Mrs. Sheetal Bhalerao, plans to strategically expand operations throughout Gujarat, focusing on increasing production of Ready-to-Eat foods, Mayonnaise sauce, Frozen Foods, and more. This ambitious venture is set to trigger a substantial investment of Rs. 500 crores, opening up significant growth prospects for the region.
Mrs. Sheetal Bhalerao, expressing the company’s vision, stated, “Our collaboration with the Government of Gujarat is a transformative initiative. It goes beyond mere expansion; it’s a revolution. This partnership isn’t just about food manufacturing; it’s about reshaping Gujarat’s economic landscape, generating 750 employment opportunities. We believe this alliance will lead to sustained economic growth.”
The MoU underscores the joint commitment to fostering industrial development and employment generation. The Government of Gujarat has committed to providing full support for all necessary permissions, registrations, approvals, and clearances required for this venture.
This strategic partnership epitomizes Wardwizard Foods and Beverages Limited’s dedication to innovation, excellence, and community development.
About Wardwizard Foods and Beverages Limited: A BSE-listed company headquartered in Por, Vadodara, Gujarat, Wardwizard Foods and Beverages Limited boasts a diverse portfolio, offering an extensive range of products, including frozen foods, ready-to-eat foods, beverages, sauces, spices, and condiments. With its diversified product offerings and strategic market presence, the company is committed to delivering high-quality and innovative food solutions to meet evolving consumer demands.
