Nandyal MP S.P.Y. Reddy inaugurated the S.P.Y Agro Industries’ bottling unit with a capacity of 12.5 lakh cases, in Nandyal on Wednesday. Largest facilityCompany’s Managing Director S. Sreedhar Reddy said it was the largest such facility in Andhra Pradesh, established with an initial sum of Rs.70 crore. Additional investmentAn additional investment of Rs.30 crore would be made to achieve the full capacity by December this year, Mr. Sreedhar Reddy added. It would provide employment to 1,000 people, including 800 women, and boost the local economy, Mr. Sreedhar Reddy added.

Source: The Hindu September 08, 2016 00:33 UTC