
Business Update2 Nov 2026, 12:38 pm
Sukhjit Starch gets MIDC confirmation for new project
AI Summary
Sukhjit Starch & Chemicals Ltd has received confirmation from the Maharashtra Industrial Development Corporation (MIDC) for the proposed new Maize Processing Unit in Nashik, Maharashtra. The unit will have a maize grind capacity of 1200 TPD for manufacturing Maize Starch & its Derivatives. MIDC has earmarked land in Yeola Industrial Area and will provide necessary infrastructure and a dedicated pipeline for continuous water supply by the project's commissioning. The project cost is estimated at ₹550 crores, with the mode of financing to be finalized shortly. This initiative aims to expand production capacity and strengthen market presence.
Key Highlights
- MIDC confirms infrastructure support for new maize processing unit.
- Project to manufacture Maize Starch & Derivatives with 1200 TPD capacity.
- Estimated project cost of ₹550 crores.
- Land earmarked in Yeola Industrial Area, Nashik.
- Strategic expansion to boost domestic and overseas market presence.
Price Impact
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