Mondelez to build ₹1,801-cr food processing unit at Sri City as AP clears ₹9,076-cr investments
Andhra Pradesh's SIPB approved ₹9,076 crore in new investments expected to create 10,000+ jobs. Anchor project is Mondelez India Foods' ₹1,801 crore food processing unit at Sri City, alongside hospitality and tourism plays including a ₹2,200 crore Adani Foundation project and a ₹139 crore DSR hotel.
Andhra Pradesh SIPB cleared ₹9,076 crore in investments including Mondelez's ₹1,801 crore food processing unit at Sri City, multiple hospitality/tourism projects, and an Adani Foundation project, signaling consumer and F&B capacity expansion in the state.
Why this matters
Mondelez India Foods expands its manufacturing footprint with a major Sri City processing unit, reinforcing India as a production hub for the snacking giant.
Retail-brand signals steady at 2,633 over the trailing 90 days.