Sri Lankan cricket legend Muttiah Muralitharan to invest ₹1,400 crore in beverages and confectionery unit in Karnataka

The minister also noted that 46 acres of land have already been allocated for the project and manufacturing operations are expected to begin in January 2025.

ByPTI

Published Jun 18, 2024 | 8:45 PM Updated Jun 18, 2024 | 8:45 PM

Sri Lankan cricket legend Muttiah Muralitharan to invest ₹1,400 crore in beverages and confectionery unit in Karnataka

Sri Lanka cricket legend Muttiah Muralitharan will invest a total of ₹1,400 crore in phases to establish a beverages (soft drinks) and confectionery unit in Badanaguppe in Chamarajanagara district, according to Karnataka Large and Medium Industries Minister MB Patil on Tuesday, 18 June.

The announcement came after Patil held discussions with Muralitharan, who met him to discuss the project.

In a statement by the minister’s office, Patil said the former Sri Lanka cricketer Muralitharan plans to manufacture beverages and confectioneries under the brand “Muttiah Beverages and Confectioneries.”

The project, initially planned with an investment of ₹230 crore, has now been revised to a total of ₹1,000 crore. It will be further increased to ₹1,400 crore in a few years, he said.

The minister also noted that 46 acres of land have already been allocated for the project and manufacturing operations are expected to begin in January 2025.

He also said officials have been directed to resolve minor issues related to the allocated land. Patil further revealed that Muralitharan has plans to establish another unit in Dharwad in the near future.

Also Read: Bengaluru court remands Prajwal Revanna to judicial custody till 24 June

(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)

(South First is now on WhatsApp and Telegram)