
Mizoram gives nod to 4 firms to set up ginger processing units
He said a meeting of the empowered committee on investment chaired by Chief Minister Lalduhoma gave nod to Uttar Pradesh-based Sjar Consulting Private Limited, Opickpure Organic Pvt. Ltd (Himachal Pradesh) AV Biotech (Rajasthan) and a local company 'Lushai Organic' to establish ginger processing units.
The state government has recently declared ginger as the state's flagship crop.
The official said that Sjar Consulting Private Limited from Noida proposed to invest Rs 38 crore and employ more than 200 people in setting up the units, while Opickpure Organic Pvt. Ltd. from Kangra intends to invest Rs 2.5 crore, with a potential to provide employment to around 50 people.
AV Biotech, based in Bikaner, has shown interest in investing around Rs 13.95 crore for setting up a ginger processing unit, which could generate employment for around 100 people, he said.
Lushai Organic, on the other hand, decided to invest Rs 1 crore and generate employment for 20 people in setting up a ginger processing unit, he added.
Formalities are yet to be completed and a special investment committee has been formed to take final decision at the earliest, the official said.
He said that the committee will prepare draft MoU and monitor land, power and water supply required by the companies in consultation with the management of such companies. PTI CORR MNB
view comments
First Published:
July 21, 2025, 21:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
41 minutes ago
- Time of India
'Fake guarantee': ED arrests BTPL's Partha Biswal; will confront him with Anil
Anil Ambani (File photo) NEW DELHI: In a significant development ahead of questioning Anil Ambani of Reliance ADAG, Enforcement Directorate late on Friday night arrested Partha Biswal, the MD of Biswal Tradelink Pvt Ltd (BTPL) that was searched by the agency in connection with a Rs 68-crore fake bank guarantee provided by the Ambani group to Solar Energy Corporation of India Ltd (SECI) to secure a tender. The central agency has claimed that Anil Ambani ADAG group's Reliance Power Ltd paid Rs 5.4 crore to Biswal's BTPL for "providing this bank guarantee" by forging documents. A special court here on Saturday granted the custody of Biswal, whose company was searched on Friday, to ED till Aug 6, during which he is likely to be confronted with Anil Ambani and questioned about the fake bank guarantee he allegedly generated by spoofing email of govt lender SBI. ED proof confirms use of fake docus in name of banks The agency on Friday issued a look out circular (LOC) to put curbs on foreign travel by Anil Ambani who has been summoned for questioning on Aug 5 at the agency's headquarters in Delhi. Biswal's BTPL was incorporated in 2019 and has been found to have at least seven "undisclosed bank accounts" involving transactions of alleged proceeds of crime, disproportionate to its declared turnover, has been found during the money trail conducted by ED. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Santo Domingo Este: Unsold Sofas Prices May Surprise You (Prices May Surprise You) Sofas | Search Ads Search Now Undo On Friday, ED conducted searches at three premises in Bhubaneswar and one at Kolkata after its investigators found alleged evidence of the fake bank guarantee provided to SECI on behalf of Reliance NU BESS Ltd/Maharashtra Energy Generation Ltd. "BTPL fraudulently arranged and submitted fake bank guarantees of Rs 68.2 crore along with forged SBI endorsements and fabricated confirmations for a SECI tender. For providing this bank guarantee, Rs 5.4 crore have been received by BTPL from Reliance Power Ltd," a senior official aware of the probe said. The Reliance Group reiterated its statement issued on Friday saying: "The company and its subsidiaries acted bonafidely and have been a victim of fraud. .. The company has made a due disclosure on this to the stock exchanges and a criminal complaint has already been lodged with Delhi Police." Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025


Time of India
2 hours ago
- Time of India
Tomatoes get expensive as rains hit supply, quality
Pune/Nashik: Tomato prices in the city soared to Rs 60 to Rs 70 per kg in retail markets and hit Rs 90 to Rs 100 a kg on quick commerce platforms. Rainfall and supply disruptions have led to limited supply in the market, pushing up prices. A Pune Agricultural Produce Market Committee (APMC) official said, "Owing to the rainfall, the supply of tomatoes has reduced in the market. The quality is also compromised usually in the monsoon. Wholesale rates are trending at around Rs 40 per kg," said Sharad Gongade, secretary of the Narayangaon market, a major hub for tomatoes in the state, said, "Prices have increased to Rs 700 to Rs 800 per 20kg crate now owing to lesser supply in the market. Prices should come down in a few weeks in August." You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune The average wholesale tomato price was recorded at Rs 911 a crate or Rs 45.55 per kg at Pimpalgaon and Nashik APMCs in Nashik district on Friday. The average wholesale tomato price increased by 153% in the last 14 days, from Rs 18 per kg on July 18 to Rs 45.55 per kg on Friday at Pimpalgaon and Nashik APMCs. In retail markets of Nashik, the tomato price increased from Rs 25 per kg on July 18 to Rs 70 per kg to date. Rajendra Khare, an official from Nashik APMC overseeing the tomato section, said rain damaged tomato crops, causing a drop in the arrivals of the produce. The arrivals of the tomatoes have dropped by around 40% in the last fortnight, from 10,500 crates per day around a fortnight back to around 7,000 crates per day so far. "The price of tomatoes depends on the quality of the vegetable. People have no choice but to buy it. In wholesale markets, the price for small tomatoes is Rs 30 to Rs 35 per kg, and in retail, we are selling at Rs 50 to Rs 60 per kg," said Rajesh Borude, a vendor at Somwar Peth. Rohit Suryanwanshi, a vendor at the Hadaspar vegetable market, said that prices in the retail market are between Rs 45 to Rs 60 depending on the quality. "Supply is less in the market, and that is the reason prices are higher. Best quality tomatoes are selling at around Rs 60 a kg," he said. Traders said the upward trend of prices is likely to continue till mid-August or more until the new produce reaches markets. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !


Time of India
2 hours ago
- Time of India
BU achieves first-ever A-grade in NAAC assessment
Bhopal: Barkatullah University achieved its first-ever A grade in the NAAC assessment. "The achievement reflects the dedicated work of faculty members, particularly the seven criteria coordinators and the designated committee, who strived to secure the highest possible grade to advance the university's development," Vice Chancellor Prof SK Jain stated. The university not only secured an A grade in NAAC but also received Rs 100 crore under PM Usha. These funds are enhancing academic standards, infrastructure development, and research initiatives. The institution also gained recognition in global rankings during this period. This accreditation enables the university to restart its distance education programmes, which were previously suspended. It will attract increased funding and collaborations with domestic and international institutions, enhancing research quality and opportunities. The status will facilitate academic and industry partnerships, while students will gain access to fellowships and scholarships from various institutions. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !