Bijnor, March 2 -- Agristo Masa Pvt Ltd, a joint venture between Masa Global Food Pvt Ltd (a part Wave Group) and IMSTO NV (the holding company of Agristo NV, Belgium), is expanding its Bijnor plant with a Rs 750 crore new investment.

The joint venture company said in a statement on Sunday that the fresh investment brings its total investment to over Rs 1,000 crore.

The groundbreaking ceremony marking this milestone was graced by Princess Astrid of the Kingdom of Belgium, Finance Minister of Uttar Pradesh Suresh Kumar Khanna, Chief Secretary of Uttar Pradesh Manoj Singh, and members of the Belgian economic mission to India.

Ensuring a holistic development of the region, around 2,500 farmers are expected to benefit from this expansion, ...