Tata Chemicals Ltd, has lined up a $1 billion (Rs4,100
crore) investment over the next two-three years, and
will likely foray into bio-diesel, fresh fruit and vegetable
production and distribution as part of its expansion
about its expansion plans, Tata Chemicals'' managing
director Homi R Khusrokhan said the company has set
up jatropha cultivation in five regions of the country
for production of bio-diesel.
it also plans to cultivate sorghum for the production
of ethanol, and it would set up a plant with an investment
of Rs40-50 crore in eastern Maharashtra.
to Khusrokahan, once the model is successful, it will
be replicated elsewhere in the country for large-scale
manufacture of ethanol for blending with petrol. He
also said tahat each plant would take 15-18 months to