Amul to invest Rs 1,500 cr in 2 yrs to set up dairy, edible oil, bakery, potato processing plants

Elvera Bartels

GCMMF, which markets dairy items beneath the Amul brand, will make investments close to Rs 1,000 crore over the future two decades to set up milk processing plants, and a further Rs five hundred crore on facilities for new items like edible oil, its MD R S Sodhi explained.

In an job interview with PTI, Sodhi explained the Gujarat Cooperative Milk Internet marketing Federation Ltd (GCMMF) expects 12-fifteen for every cent expansion in income in present fiscal year from Rs 38,550 crore for the duration of the very last fiscal year inspite of COVID-19 pandemic, as demand for branded meals items has enhanced.

 

“We will make investments close to Rs 1,000 crore in the future two decades on location up dairy plants across numerous states,” Sodhi told PTI.

He explained the processing capability would increase to 420 lakh litres for every working day from the present 380 lakh litres

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