date:Sep 24, 2012
ny has milk processing capacity of 6 lakh ltrs per day collecting from around 50,000 farmers. The company has a processing plant at Srirampur.
Recently, PE funds are showing higher interest in the dairy sector. Last week, IDFC PE invested R155 Cr in Parag Milk Foods, the maker of Gowardhan and Go brands.
Creamline and Kwality are also in the fray looking for investors to fund their expansion plans.
This April, World Bank signed agreement with GOI to provide $352 Mn for the National Diary Supp