GAEL to set up 850 TPD Corn Wet Milling Plant at Hubli

Gujarat Ambuja Exports Ltd (GAEL) proposes to establish a new 850 TPD Greenfield Corn Wet Milling Plant in Hubli, Karnataka. This facility, adjacent to its existing plant, will produce 400 TPD of Corn Starch, 150 TPD of Sweeteners, and 300 TPD of Feed Ingredients. The expansion will increase the Hubli unit's total capacity to 1600 TPD and significantly enhance GAEL's integrated manufacturing capabilities and product portfolio. The company aims to increase its overall Corn Wet Milling Capacity to 9000 TPD by 2030. The project requires an investment of ₹333 Crores, to be financed through internal accruals, and is expected to be commissioned by Q4 FY2029.