Parag Milk Foods nets US$29m in Indian dairy sector’s biggest PE deal
date:Sep 20, 2012
Parag has been growing fast in recent years, its performance mirroring the concurrent rise of India's large middle-class and it's corresponding purchasing power.

Over the last financial year, Parag achieved a turnover of around US$163mn, a 40% jump from the previous year. The company holds around 2% of the$11bn organised milk and allied products market in India.

Its product range includes skimmed milk powder, ghee and processed cheese, along with proprietary foods like dairy whitener and gula
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