Mumbai: Diversified agricultural products maker Jain Irrigation Systems on Monday said that it has bagged orders worth Rs158 crore from various Coca-Cola bottlers for supplying mango pulp.
The company has “bagged orders worth Rs158 crore from various Coca-Cola bottlers in India and overseas for supply of mango pulp for the 2009-10 season,” Jain Irrigation Systems said in a filing to the Bombay Stock Exchange.
Mango pulp would be produced in the current season but will be dispatched over next year or so, it added.
Jain’s fruit processing plants are located at Jalgaon in Maharashtra and at Chittoor in Andhra Pradesh.
The company targets to process a record 175,000 MT of fruit and 85,000 MT of onions this year. Last year, it had processed 87,500 MT of fruits and 56,000 MT of onion.
The agro major is also working closely with farmers of several states including Maharashtra, Gujarat, Karnataka and Andhra Pradesh on increasing mango yields. It has also started an initiative to buy mangoes directly from farmers and set up contract farming in growing regions, it added.
Jain Irrigation is a diversified company with a presence in the production of irrigation and piping products, plastic sheets, dehydrated foods, fruit puree and juice concentrates.
Shares of Jain Irrigation were trading at Rs626.85, up 1.67% in afternoon trade on BSE.