growth
| March 17, 2024, 7:55 a.m.
Mother Dairy Announces ₹750 Crore Investment to Expand Operations
Mother Dairy plans to invest ₹650 crore in setting up two new processing plants for milk, fruits, and vegetables, along with an additional ₹100 crore for expanding existing capacities. The investment aims to meet the rising consumer demand and expand distribution networks. The new dairy plant in Nagpur, Maharashtra, and the fruit processing plant in Karnataka are expected to enhance production capacities and serve markets across central and southern regions. Despite challenges, Mother Dairy anticipates a moderate growth rate in the current fiscal year.
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