Former Cricketer Muttiah Muralitharan to Invest Rs 1,400 crore in Karnataka
By : DC Web Desk
Update: 2024-06-19 09:06 GMT
Sri Lankan Cricket Icon Muttiah Muralitharan to invest Rs 1,400 crore to set up a beverage and confectionery unit in Badanaguppe, Chamarajanagara district, according to Karntaka Minister for Large & Medium Industries, M B Patil.
The announcement came after the minister held discussions with Muralitharan.
The minister wrote on X, "Legendary Cricketer Muttiah Muralitharan Expands Business to Our State! Sri Lanka's cricket icon Muttiah Muralitharan, now an entrepreneur post-retirement has established a soft drink manufacturing plant in his homeland and has now selected our state for expansion."
"A Rs. 1,000 crore manufacturing facility is currently under development in Chamarajanagar district, with plans to escalate investment to Rs. 1,400 crore. He remains committed to continuing operations in Dharwad," he added.
The beverages and confectioneries will be manufactured under the brand “Muttiah Beverages and Confectioneries".
46 acres of land have already been allocated for the project and manufacturing operations are expected to begin in January 2025, the minister said.