Hyderabad: Fast Moving Consumer Goods (FMCG) giant Britannia Industries has on Monday evinced interest to set up an agro-processing facility in Chittoor district of Andhra Pradesh, said a statement from the AP chief minister’s office. Britannia’s Managing Director Varun Berry called on the AP chief minister N. Chandrababu Naidu in Vijayawada and said the first phase of the proposed agro-processing facility will come up at Rs 125 crore of investment to take off by 2016 end. “We want to zero in on a location which helps us serve markets in Chennai and Bengalure,”Berry told Naidu. Responding to Naidu’s presentation on major advantages AP offers in agriculture and allied sectors including horticulture, livestock, fisheries, dairy and poultry, Berry said 75% of Britannia’s business is generated from biscuits while the balance comes from cakes, dairy and rusk, said the CMO statement.