In Maharashtra, Mother Dairy plans to open a new plant.
Mother Dairy plans to invest roughly Rs. 500 crore to establish a new plant in Maharashtra that will produce milk and value-added dairy products. According to the company, this is a component of a larger investment plan that will total roughly Rs. 700 crore in the coming years.
One of the biggest dairy companies in the nation, Mother Dairy is a fully owned subsidiary of the National Dairy Development Board. In addition to milk and products derived from milk, it is well-known for its edible oil brand, Dhara. Under the Safal brand, it offers a variety of products such as frozen vegetables and snacks, fresh fruits and vegetables, pulses, and concentrates.
“We have recently got a nod from our board for investments of about Rs. 700 crore which will be made over the next few years,” Mother Dairy’s managing director, Manish Bandlish, stated.
The business intends to make significant investments to expand its manufacturing base.We are currently in the advanced stages of acquiring land in Nagpur, Maharashtra, in order to establish a new plant. Dairy and value-added dairy products will be produced at this facility. The estimated investments required to set up this plant are Rs. 500 crore. We’ll use this as a hub to service the Western and Southern regions,” he continued.