Mother Dairy to invest Rs 200 cr in Maharashtra
Mumbai : Leading milk supplier Mother Dairy today said it is investing around Rs 200 crore in Maharashtra to set up a new unit in Bhivandi, refurbish Nagpur unit and commence procurement of milk in Marathwada and Vidharbha regions.
“We are investing Rs 160 crore in setting up a new unit for milk and value added milk products at Bhivandi near Mumbai. It will have a facility to process 3 lakh litres of milk per day, which can be increased to eight lakh litres per day when fully operational,” Mother Dairy Fruit & Vegetable Pvt Ltd (MDFVPL) MD S Nagarajan told reporters here.
“We are also refurbishing Nagpur dairy and setting up network to procure milk from farmers in Marathwada and Vidharbha regions,” he added.
The company will be setting up milk processing facility in Nagpur, which is an existing government unit. It will be operational by 2017, Nagarajan said, adding that it will start procuring milk from farmers in around 50 villages from today and scale up to 2,000 villages in Marathwada and Vidharbha in next three years period.
Apart from Maharashtra, the company also procures milk from Gujarat and Punjab to meet its requirements.
Mother Dairy, a wholly owned subsidiary of National Dairy Development Board (NDDB), today announced the launch of premium – high cream milk for consumers across the greater Mumbai region.
The new variant will be available in 500 ml and 1 litre pack sizes, priced at Rs 27 and Rs 53, respectively.
Mother Dairy supplies about 30 lakh litres of milk in Delhi and national capital region through a network of its booth and retail channels.
It has also expanded its reach to other regions in North, South, East and West with its offering of milk and dairy products.
The company has set a target of Rs 8,000 crore turnover in FY 17, a growth of 13-14 per cent on rising demand for dairy products as well as fresh and processed fruits and vegetables, agarajan said.