Mukesh Ambani to start fresh-food chain from Punjab

18 Oct 2005

Chandigarh: Mukesh Ambani of Reliance Industries is planning to set up a fresh-food chain in Punjab with an initial investment of Rs5,000 crore.

Ambani has already held discussions in this regard with the chief minister, Capt. Amarinder Singh, the finance minister, Surinder Singla, and the union agriculture minister, Sharad Pawar, and the union civil aviation minister, Praful Patel, in this regard.

As per the plan Mukesh Ambani would buy fresh foods, especially green vegetables, from Punjab for export to Central Asia, Europe and the USA. Towards this end he would set up his own cargo facility near Amritsar in order to transport the fresh stocks by air from Punjab to other parts of the world and is keen to have his own fleet for transportation purposes.