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Funding Not An Issue, Co Is Debt-Free: Jubiliant Foods

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In an exclusive conversation with Bloomberg TV India, CEO Ajay Kaul said Jubiliant Foods’ capex will cross Rs.250 crore this year and will be used for new factories and infra. Company plans to start new factories at Nagpur, Hyderabad and Guwahati. “Around Rs.80-90 crore will be spent on factory creation with building capacity for next five to 10 years,” he added.