Published On:May 20 2014
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Amul to invest Rs. 4,000-4,500 crore in two years on expansion.
Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells products under Amul brand, is going to invest around Rs. 4,000-4,500 crore in next two financial years for processing higher quantity of milk.
GCMMF has already increased its milk processing capacity to 230 lakh litres per day from 170 lakh litres per day in last three years.
'We are looking to invest around Rs. 4,000-4,500 crore by the end of 2015-16, mainly on setting up new milk processing plants and other dairy products processing units,' GCMMF Managing Director R S Sodhi told PTI.
As per expansion plans, the company has proposed to set up 11 new milk processing plants across the country, including five in Gujarat, three in Uttar Pradesh, two in Haryana and one in Kolkata, he said.
In Haryana, the company will set up a plant each at Rohtak and Faridabad of 10 lakh litres day and 15 lakh litres per day respectively while it will put in place in Uttar Pradesh a plant each of 5 lakh litres per day at Lucknow, Kanpur and Varanasi.
Besides these plants, the company will also establish five milk processing plants of two lakh litres per day at Saurashtra region in its home state Gujarat.