In a statement, Marilan emphasized that the deal reinforces its growth strategy.
Snack bars are typically nutritious and compact, making them a convenient choice for consumers seeking quick energy or a meal replacement.
The new plant will have a total production capacity of 90 tons per hour, divided into two poultry feed lines (60 TPH) and one ruminant feed line (30 TPH).
The plant will increase daily wheat milling capacity from 200 tonnes to 300 tonnes and achieve a notable 90% capacity utilization.
Per capita rice consumption now stands at 84 kg, up from 58 kg two decades ago, driven by urbanization, dietary changes, and rising rural market connectivity.