To increase business, Mother Dairy is going to set up two new processing plants here, will spend ₹ 650 crore.
Mother Dairy, a major milk supplier in Delhi and NCR, is going to make big investments to expand its business. The company will spend around Rs 650 crore. With this, Mother Dairy will set up two new processing plants. The company will process milk and fruits in these new plants. The company is going to set up these new plants to meet the increasing demand in the market. Apart from this, the company will also invest Rs 100 crore to expand the capacity of its existing plants. Mother Dairy Fruits and Vegetables Pvt Ltd. “In our endeavor to expand our distribution network and reach of consumers, we have decided to spend Rs 750 crore to expand our dairy and F&V (fruits and vegetables) processing capacities across key locations,” Manish Bandlish, managing director, told PTI. is planned.”
A big processing plant is going to be set up here He informed that Mother Dairy is setting up a big dairy plant in Nagpur, Maharashtra with an investment of about Rs 525 crore. The capacity of this new plant will be to process six lakh liters of milk per day, which can later be increased to 10 lakh liters per day. This new plant will serve the markets of the Central and South region. According to Bandlish, “We are also planning to start a new fruit processing plant in Karnataka with an investment of more than Rs 125 crore under our Safal brand.” Both these plants are expected to be completed in about two years. hopefully. He said that apart from these two new plants, we are also expanding the capacity in our existing facilities with an investment of about Rs 100 crore.
This much earned
At present, Mother Dairy has 9 company-owned processing plants, whose total milk processing capacity is more than 50 lakh liters per day. It also carries out processing in third party facilities. For the horticulture (fruits and vegetables) segment, the company has its own four plants, while for edible oils it manufactures through 15 subsidiary plants. Mother Dairy’s turnover in the financial year 2022-23 was around Rs 14,500 crore.