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Indian-Commodity  :  Top News  :  Godrej Agrovet's arm intends to invest Rs 400 crore in milk processing plants

Godrej Agrovet's arm intends to invest Rs 400 crore in milk processing plants (18-May-2018)

Godrej Agrovet's subsidiary - Creamline Dairy Products (CDPL), as a part of its expansion plans, intends to invest Rs 400 crore in three greenfield milk processing plants in Tamil Nadu, North Karnataka and Maharashtra over the period of next three years.

CDPL had recently acquired a processing plant in Tirunelveli, Tamil Nadu and is in the process of setting up another plant in Vishakhapatnam. The objectives behind this proposed expansion, include growing the share of value-added milk products. In view of the same, it is expected that the milk processing capacity of CDPL would increase from 12 lakh litres per day to 15 lakh litres per day.

Godrej Agrovet is a diversified, research and development focused agri-business company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.


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