SLN Coffee signs ₹2,500 crore investment MoU with Andhra Pradesh
The company plans to strengthen coffee processing and instant coffee manufacturing in the state through 2035.
S.L.N. Coffee Private Limited has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) for a proposed investment of approximately ₹2,500 crore, according to the Deccan Chronicle.
The agreement was signed by Andhra Pradesh Chief Minister N. Chandrababu Naidu and SLN Coffee Chairman SLN Sathappan at the CII Partnership Summit.
The investment will be undertaken in phases through 2035, with planned amounts of ₹690 crore, ₹815 crore and ₹995 crore.
Under a project called Project Horizon, the company intends to develop an integrated manufacturing campus involving coffee processing, freeze-dried and spray-dried manufacturing, extraction, packaging, and R&D.
The project also aims to create a coffee ecosystem that includes farmer support, curing infrastructure, skill development, and a Coffee Centre of Excellence.
Chairman SLN Sathappan said the investment reflects a long-term commitment to the state and aims to create a future-ready coffee ecosystem built around technology and innovation.