Zee Business Managing Editor and renowned Market Gurus Anil Singhvi said that there is a big news for CCL Products today. He said that this is Zee Business Exclusive news where government has issued notification of Land acquisition approval to CCL Products for agro based food processing SEZ in Andhra Pradesh. He said that this decision has been approved by the Commerce Ministry.

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Singhvi said that expansion required for food processing will benefit CCL Products as they will be able to expand their facilities and can see good growth in coming years from here on.

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Chetan Bhutani, Political & Business Journalist at Zee Business said that Ministry of Commerce, Department for promotion of Industry and Internal Trade notified that CCL Products can use extra 2 hectare of land for agro based food processing SEZ in Andhra Pradesh.

Chetan said that CCL Products will deliver strong numbers as the company will use this additional facility for manufacturing and processing. Of food items. He said that many such decisions will be taken going forward by the Government of India as they are focused on Ease of Doing Business.

Chetan said that the extra land given is a positive development and shows government intension and focus on easy of doing business.

Sumeet Bagadia, Executive Director of Choice Broking says that CCL Products is showing good momentum on the upside. He said the stock has been on a roll since past few days and from her the stock can see levels of Rs 365 – Rs 370.