September 10, 2012

Dairy firm, Parag Milk Foods, plans to invest US$17.93 million for two milk processing facilities in India, as part of an effort to improve its production capacity.

The first facility will be established in West Bengal, while the second is likely to be set up either in Haryana or Delhi.

The West Bengal plant, which will be built over an area of 20 acres, will have a processing capacity of 500,000 litres of milk per day. The two plants are expected to be constructed within two years.

Meanwhile, the company has expanded its product range with the launch of Go Milk - a natural and zero preservative UHT (ultra-heat temperature) milk in West Bengal.

Parag Milk Foods chairman, Devendra Shah, said that with the roll out of Go Milk, the company expects to increase its penetration and boost the turnover further.

"We plan to improve our sales through new product launches and constant innovations," Shah added.

Parag Milk Foods, based in Pune, India, markets dairy products under Go and Gowardhan brands, and it has facilities in Pune and Andhra Pradesh, with a total processing capacity of two million litres of milk per day.