Mom Dairy will construct two new processing crops: ₹ 650 crore shall be spent on this, the corporate can be investing in Maharashtra and Karnataka.

Mom Dairy, a serious milk provider in Delhi and Nationwide Capital Area (NCR), goes to speculate round Rs 650 crore to construct two extra new crops. The corporate will course of milk and fruits within the new plant.

With this the corporate will meet the growing market demand. Other than this, Mom Dairy will make investments one other ₹100 crore to extend the capability of its present plant. Information company PTI has given this data.

Manish Bandlish, managing director, Mom Dairy Fruits and Greens Pvt Ltd, stated, “We’re spending Rs 750 crore to broaden our dairy and F&V (fruit and veggies) processing capacities at our key areas to broaden our distribution community and attain clients. Are going to do.

Firm constructing dairy plant in Nagpur at a price of ₹525 crore
Manish advised that the corporate is establishing a giant dairy plant in Nagpur, Maharashtra with an funding of about ₹ 525 crore. This plant will course of 6 lakh liters of milk every day, which is able to later be elevated to 10 lakh litres. This plant gives service within the southern area of the nation.

Manish Bandlish, Managing Director, Mom Dairy Fruits and Greens Pvt. Ltd.

Firm will construct fruit processing plant in Karnataka
The corporate can be increasing its model in Karnataka. Mom Dairy can be planning to start out a brand new fruit processing plant within the state. The corporate will spend ₹125 crore on this. Each these crops in Nagpur and Karnataka shall be accomplished within the subsequent 2 years.

Mom Dairy at present has 9 processing crops
Mom Dairy at present has 9 processing crops. Whose every day capability is greater than 50 lakh litres. The corporate additionally does processing in third-party crops. The corporate has its personal 4 crops within the horticulture section. The corporate manufactures edible oil in 15 subsidiary crops.

Firm’s turnover to be Rs 4,500 crore in 2022-23
The corporate’s turnover within the monetary 12 months 2022-23 was Rs 4,500 crore. In accordance with the corporate, the general development of the corporate is anticipated to be 7% to eight% within the present monetary 12 months (2023-24).

Mom Dairy was established in 1974 beneath the ‘Operation Flood’ initiative. This was the world’s largest dairy improvement program. The corporate is at present a completely owned subsidiary of Nationwide Dairy Improvement Board (NDDB).