Bangladeshi food firm Pran-RFL is planning to set up a food and drink processing plant in Tripura in north-eastern India.

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India lifted the ban on direct investment from Bangladesh last year and has allocated a ten-acre industrial plot for this project.


Pran-RFL export manager Parammudin Hussain said: “The plant will initially produce fruit-based jellies and drinks and is expected to come into operation by 2009, with an expected annual turnover of about US$16m.”


Tripura is close to the Indian border with Bangladesh and Pran hopes to transport raw materials from the country, Hussain added.

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