Agro Tech Foods to start local production of ‘Sundrop Peanut Butter’

Agro Tech Foods, a subsidiary of the US-based Conagra Foods, has opened its new manufacturing unit in Gujarat to start local production of ‘Sundrop Peanut Butter’. The manufacturing unit located at Jhagadia in state of Gujarat has been built with an investment of Rs 35 crore. The new manufacturing facility will serve as an integrated multi category grocery and snacks manufacturing hub for the India market. Conagra Foods entered India by acquiring majority stake in ITC Agrotech and naming its subsidiary as Agrotech Foods. The 25-year-old Sundrop oil brand has also been extended into new categories such as peanut butter and cooking sprays.