LMJ International of Kolkata plans to set up a maize processing complex in Nabarangapur district of Orissa at an investment of around Rs 150 crore.
The company is likely to sign an MoU with the Orissa Government soon. The district administration has agreed to provide 125 acre for the purpose at Dhodra area in the district. While around 60 acre will be allotted in Phase I, the remaining 65 acre is expected to be provided in Phase II.
The maize processing complex is likely to help raise the income level of maize producers in the state through enhanced production as well as better processing and marketing.