NEW DELHI -- India's Sahyadri Farms Post Harvest Care has raised about $40 million in funding from investors that include Dutch development bank FMO, Belgium-based investment companies Incofin and Korys, and French development finance institution Proparco.
With the latest investment, Sahyadri Farms plans to expand processing capacity for fruit- and vegetable-based products, set up a biomass plant to generate electricity from process waste, and enhance infrastructure such as packhouses, according to FMO.
