India-based Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) plans to invest INR260m ($4.87m) to boost manufacturing capacity at its plant in Dakshina Kannada, Karnataka, India.
The expansion, which includes the installation of a new production line, will increase the plant's capacity by 3600 tons.
The new production line, which is likely to be commissioned by March 2013, will be used for the preparation of industrial chocolate products. The industrial chocolate product is used for the preparation of ice creams, biscuits, bakery products and homemade chocolates.
With the expansion, the total production capacity of the plant will be about 21,000 tons, reported the Hindu Business Line.
In 2011-12, the total production of the chocolate plant was 14,757 tons, while the net profit was INR 41.3m ($0.77m).
