BL Agro, MoFPI ink 1,660 Cr agro-processing plant deal in Bareilly

BL Agro has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI) to establish a large-scale, export-oriented agro-processing plant in Bareilly, Uttar Pradesh. With a planned investment of ₹1,660 crore over five years, the project aims to strengthen India’s food security, expand export capacity, and create significant rural employment.

Project Details

The proposed greenfield project will include a fully automated rice milling unit for premium basmati varieties, a 500 TPD edible oil extraction and refining facility, grain storage capacity of 40,000 MT, along with advanced packaging and sugar sourcing solutions.

Construction is expected to begin within six months, with Phase I targeted for completion in 2027. The plant is projected to generate more than 3,500 direct and indirect jobs, boosting rural livelihoods and driving inclusive growth.

Impact & Perspectives

Ashish Khandelwal, Managing Director of BL Agro, said the collaboration would help build world-class food processing infrastructure while integrating circular economy practices, such as using by-products in cattle feed and renewable energy systems.

Commenting on the MOU, Preet Pal Singh, Joint Secretary, A.P. Das Joshi, Secretary, Ministry of Food Processing Industries, said, “We are extremely delighted to say that this initiative underscores the Government of India’s focus on attracting large-scale private investment into food processing and Agri-value chains. By promoting modern infrastructure and sustainable practices, the collaboration will enable greater farmer linkages, expand export opportunities, and reinforce India’s position in global Agri-trade.”

Government officials noted that the project aligns with India’s push to attract private investment in food processing and Agri-value chains, with a strong focus on modern infrastructure, farmer linkages, and export growth.