date:Dec 20, 2013
IFC, a member of the World Bank Group, is providing a $15 million loan to dairy company Parag Milk Foods for expanding its milk processing facilities, to enhance dairy farm productivity and boost incomes in rural India.
With IFC's investment, Parag will expand supply chain linkages across over 50,000 farmers and food suppliers and improve food safety standards. It will also create more jobs, especially for women in the town of Manchar in Pune district in the state of Maharashtra where one of Pa