The Indian subsidiary of American agribusiness Cargill plans to open a new, $10 million corn storage facility in Karanataka, India next month located adjacent to the firm’s recently-constructed wet corn milling plant. While the state-of-the-art silo is primarily for meeting the requirement of the milling plant, we hope to trade out some space to others. The corn silo is the company’s first in India and features a storage capacity of 60,000 tn. Local farmers may benefit from the presence of the Cargill facility, as proper storage methods slow the degradation of corn, protecting the value of harvests. Cargill announced that it plans to invest some $240 million across its core businesses in India over the next half-decade this past November at the World Food India Conference.