Amul to invest Rs 3,000 crore over four years on expansion – Feedback

Dairy major GCMMF, which markets milk and dairy products under Amul brand, will invest Rs 3,000 crore over the next four years on its expansion plans.

Gujarat Co-operative Milk Marketing Federation (GCMMF) is planning to set up of new plants and add capacity to existing facilities. The cooperative is also planning to enter states like Bihar, Jharkhand, Odisha, Kerala and North-East to expand business, its managing director R S Sodhi said. “In dairy sector, if you have to grow then you have to increase milk handling capacity. We are increasing our milk processing capacity to 320 lakh litre per day from the current 280 lakh litre per day. We target to increase this capacity to 360 lakh litres per day by 2020,” Sodhi told reporters here. The cooperative is setting up new plants in Uttar Pradesh, Maharashtra, Gujarat and West Bengal as well as raising the capacity in existing plants, he added.

http://economictimes.indiatimes.com/industry/cons-products/food/amul-to-invest-rs-3000-crore-over-four-years-on-expansion/articleshow/52972465.cms

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