Amul milk cooperative to invest ₹500 cr in Telangana
The Hindu
MoU with State govt. for processing plant signed, bakery on cards
Sabarkantha District Cooperative Milk Producers Union Ltd (Sabar Dairy), which packs milk and produces milk products under the Amul brand, will be setting up facilities in Telangana with a total investment of ₹500 crore in two phases.
One of the largest milk cooperatives and a member of the Gujarat Cooperative Milk Marketing Federation Ltd, Sabar Dairy entered into an MoU with the Telangana government on Wednesday for setting up its largest state-of-the-art processing plant. Industries Secretary Jayesh Ranjan and Sabar Dairy managing director Babubhai M. Patel signed the MoU in the presence of Industries and IT Minister K.T.Rama Rao.
The processing plant will come up in a special food processing zone in Telangana with an investment of about ₹300 crore in Phase 1 and ₹200 crore in Phase 2. It will provide direct employment to more than 500 persons and opportunities to several ancillary industries.
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