Cargill to open Davangere corn silo in May.

Making inroads into bulk storage, Cargill India will open its first corn silo in the country with a storage capacity of 60,000 tonnes in Davangere, Karnataka, next month. Built at $10 million, the silo will come up next to the food major’s 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.