Nanak Foods gets $5M federal funding

The federal government invests $5 million in Nanak Foods through the Pacific Economic Development Agency of Canada’s (PacifiCan) Business Scale-up and Productivity program.

The funding will help the North American dairy-based, and South Asian-inspired food manufacturer to increase the production of paneer by expanding its operations with new equipment. It will also help the company to scale up locally, create jobs and accelerate global sales of its products.

“We are incredibly grateful for the support from PacifiCan, which enables us to move forward with the construction of our new processing facility. This funding is not only an investment in our growth, but also a testament to the shared commitment to creating jobs, fostering innovation, and strengthening our community,” Gurpreet Arneja, president of Nanak Foods, said. “With PacifiCan’s backing, we are confident that this project will drive significant growth and enable us to meet the evolving needs of our clients and partners.”