Olympic to invest Tk 42cr to expand biscuit production

Olympic Industries, a listed manufacturer and retailer of consumer goods, is set to enhance its biscuit production capacity by more than 10 per cent. The maker of popular brands such as Energy Plus, Tip and Nutty will invest around Tk 42 crore to expand its annual production capacity by 12,442 tonnes, the company said in a disclosure on the Dhaka Stock Exchange (DSE) website.