New Delhi

Nutraceuticals manufacturer Sampre Nutrition on Friday said its subsidiary will set up a manufacturing facility in Egypt as part of its international expansion plans.

In a statement, the Telangana-based company said Orascom Industrial Parks has approved the allocation of a 30,000 square metre land parcel for food processing and confectionery manufacturing.

The proposed facility is expected to strengthen Sampre Nutrition’s manufacturing capabilities and support its long-term growth strategy in overseas markets, the company added.

Recently, Sampre Nutrition entered into a manufacturing agreement with Reliance Consumer Products Ltd, with an estimated annual business potential of ₹12–15 crore over three years.

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For the first half of the current financial year, the company reported a 77 per cent increase in revenue to ₹21 crore.