Uttar Pradesh Chief Minister Yogi Adityanath will lay the foundation stone of Britannia Industries plant in Barabanki on Thursday. The plant will give a boost to the food processing industry in the state.

With an investment of Rs 340 crore, confectionary major Britannia will be setting up a Greenfield unit under mega plus category in Barabanki. Uttar Pradesh is the biggest market for the products of Britannia. The company has purchased 30.34 acre land in Barabanki and all pre-construction approvals have been obtained. The estimated capacity of the unit is 1,25,000 tons per year. The plant will manufacture a variety of confectionary products, including bread, biscuits etc.

The project will generate direct and indirect employment opportunities for over 1,000 people, and enrich the local supply chain of sugar and flour, which are available in abundance in the state. Products manufactured from the Greenfield unit will be serviced largely in the state of UP. The project will favourably impact the farmers in the state and will create a better socio economic infrastructure in the state

Britannia Industries, being one of India's oldest existing companies, is an independent listed company and is the number one biscuit company in the country. The company has about 90 manufacturing units across the country and its products reach about 18 crore households. The state government has provided a conducive environment to industrialists and UP has witnessed mammoth investments in the last four-and-a-half years.