Business Update6 May 2026, 03:49 pm
Allied Blenders LOI revived for Andhra Pradesh plant
AI Summary
Allied Blenders and Distillers Ltd. received a revived Letter of Intent (LOI) from the Andhra Pradesh government, valid until September 26, 2028. This allows the company to obtain the necessary licenses to establish a greenfield IMFL bottling plant with an approximate annual capacity of 46.5 lakh cases, subject to certain conditions including payment of dues. The approval enables the company to expand its production capabilities in Andhra Pradesh.
Key Highlights
- Andhra Pradesh revives Allied Blenders' Letter of Intent (LOI) until 2028.
- LOI enables setting up a greenfield IMFL bottling plant.
- Plant capacity approx. 46.5 lakh cases annually.
- Approval subject to conditions, including dues payment.