Page 20 - AWA Vol.41-No.3

FOOD PROCESSING TECHNOLOGy

Cargill Inaugurates New Corn Milling Plant

to Meet Growing Demand

et up on a business arrangement be-
Stween Cargill and Saatvik Agro Pro-
cessors, the plant will produce starch de-
rivatives to serve the confectionery, infant
formula and dairy industries
Catering to the growing demand from
India’s confectionery, infant formula, and
dairy sectors, Cargill inaugurated a new
corn milling plant in Gwalior, Madhya
Pradesh set up by Saatvik Agro Proces-
sors, an Indian manufacturer.
With a combined market value of $15
billion, these sectors are witnessing high
annual compounded growth rates of be-
tween 6 and 11% over next five years1,
leading to increased demand for starch
derivatives which are used as thickening
or stabilizing agents to achieve desired
texture, viscosity and mouthfeel in con-
sumer products like gummies, jellies, fill-
ings, yogurt, cheese, processed milk and
infant formula.
Cargill has a business arrangement with
Saatvik who has established this dedicat-
ed production facility for starch deriva-
tives with an initial output capacity of 500
tons per day, which can be expanded to
1,000 tons per day. This facility combines
Cargill’s global product capabilities, cus-
tomer network and market access op-
portunities with local manufacturing ca-
pabilities and operational know-how of
the Indian partner to bring a consistent
supply of safe, high-quality solutions to
Cargill’s food manufacturing customers
in India.
The plant will operate on an exclusive
arrangement for Cargill, adhering to the
company’s stringent global food safety
and quality standards while also driving dia and Managing Director Food South integrating our global expertise with In-
innovation, and process efficiencies for Asia. dia’s strong manufacturing capabilities,
the industry. This further increases Car- supporting the growth of Indian entre-
gill’s production capacity in India while Commenting on the launch, Simon
creating supply chain efficiencies that George said, “This Gwalior plant allows us preneurs, ultimately creating more value
food manufacturers rely on to meet grow- to strengthen our manufacturing network for customers and consumers alike”, he
ing consumer demand. The expansion in India to serve customers from North added.
will also enable Cargill to serve custom- and West India more competitively while This initiative reflects Cargill’s ongoing
ers across North, Central, and Western enhancing supply chain efficiencies that commitment to be a go-to partner for in-
India more effectively, reducing depen- benefit the entire food ecosystem. By in- novation and growth for its customers –
dence on supply from the South, optimiz- creasing our access to local manufactur- from food manufacturing, foodservice to
ing both costs and logistics. ing capabilities, we are reducing supply retail – supporting them with essential
While the facility will cater primarily to timelines, increasing cost-effectiveness, and high-quality food ingredients and so-
domestic demand, in future Cargill will and ensuring a more stable supply of es- lutions, and thereby contribute to India’s
also evaluate export opportunities to ex- sential food solutions that food manufac- growing food and beverage industry.
pand its market reach through this plant. turers need to meet evolving consumer The initiative also aligns with the ‘Make
The plant was inaugurated by John Fer- preferences.” in India’ vision, fostering long-term, sus-
ing, Group President, Food APAC, Cargill Furthermore, “this step reflects our com- tainable growth for both businesses and
and Simon George, President Cargill In- mitment to fostering industry growth by consumers. Circle 24 on enquiry card
18 Vol. 41 No. 3