Shares of Healthy Life Agritec announced the establishment of a new manufacturing facility in Bangalore. The state-of-the-art unit, located in the Obaidanahalli Industrial Area, is set to produce over 50 international-standard food products under the brand name “Magic Flavours.”
Key Highlights:
- Commercial Production: Expected to commence by March 2025.
- Product Portfolio: Includes pasta and pizza sauces, salad dressings, chutneys, mayonnaise, syrups, and tomato puree.
- Target Markets: Retail, institutional supply, and export sectors.
- Eco-Friendly Focus: The company emphasized innovative, sustainable packaging solutions.
Management Statement: Divya Mojjada, Managing Director of Healthy Life Agritec, expressed excitement about the milestone, citing the company’s commitment to delivering high-quality, eco-friendly products to both domestic and international customers. “We aim to revolutionize the food industry with innovative products and sustainable practices,” she added.
The company anticipates significant export orders to drive growth, further reinforcing its position in the food processing industry.
The shares of Healthy Life Agritec surged by 1.99% to ₹76.32 as of 10:43 AM following the company’s announcement.
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