Bambino Agro Industries Ltd (BAIL), formerly Jaya Food Industries was incorporated in Andhra Pradesh in Dec.'83 and became a public limited company in 1992. It was promoted by M Krishna Rao and his business associates._x000D_ _x000D_ The company manufactures pasta products such as vermicilli, macaroni, etc, and has an installed capacity of 1,88,190 MT. The plant is located at Bibinagar (Nalgonda district), Andhra Pradesh, which is 30 km away from Hyderabad. _x000D_ _x000D_ The company came out with a public issue at a premium of Rs 30 in Dec.'93 to finance an expansion project to increase its capacity from 14,400 tpa to 16,740 tpa and to integrate backward by setting up a 30,000-tpa roller flour mill. _x000D_ _x000D_ The technology for pasta products was imported from Italy at the time of setting up the first plant in 1985. The technology has been fully absorbed by the company. The company's products are marketed under the brand name Bambino._x000D_ _x000D_ The company's new expansion includes setting up a 14,400-tpa fully automated pasta line along with utilities and other services at Gurgaon, Haryana. It is also setting up another flour mill with a capacity of 100 tpd. In 1997-98, Bambino Food Industries Ltd has been amalgamated with the company as per the scheme of amalgamation._x000D_ _x000D_ In 1998-99, it increased the installed capacity of wheat and pasta products to 1,88,190 MT._x000D_