date:May 21, 2013
s raw material worth INR6.5bn ($118.1m) to INR7bn ($127.2m) from Punjab annually.
Punjab chief minister Parkash Singh Badal said that the announcement will put an end to the rumours saying that the plant would be shut down.
The government will extend all possible cooperation and support to the company's investment plans in the near future, Badal added.
Currently, Nestl sources milk from 1,10,000 dairy farmers in the state. In addition, the company is likely to establish a composite dairy cent