YEIDA Allots Land to Wonderland Foods for Rs.240 Crore Nuts and Dry Fruits Processing Unit

Wonderland Foods, a leading name in India’s premium nuts and dry fruits industry, has emerged as a trusted brand committed to promoting healthy and accessible snacking through quality, authenticity and innovation. As part of its expansion plans, Wonderland Foods has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh to establish a greenfield nuts and dry fruits processing unit at the Yamuna Expressway Industrial Development Authority (YEIDA).

The project will involve an investment of approximately Rs.240 crore. For partial financing of the project, the company has secured RS.140 crore in Foreign Direct Investment (FDI) from Asha Ventures Fund–I and British International Investment PLC, a UK Government-owned enterprise. On December 17, 2025, YEIDA Chief Executive Officer Rakesh Kumar Singh handed over the Letter of Intent for allotment of 30,000 square metres of industrial land in Sector 8D to the company’s Chairman, Rakesh Kumar Gupta. Additional CEO Shailendra Bhatia and Rajesh Kumar were also present on the occasion. Production at the proposed unit is expected to commence within 24 months of taking possession of the land. According to company founder Rakesh Kumar Gupta, the project will generate employment for more than 750 women, particularly from economically weaker sections. Once fully operational, the unit is expected to generate an annual revenue of over ₹800 crore.