Assam govt signs MoU with National Dairy Development Board to set up joint venture

On Friday, the Assam government signed a Memorandum of Understanding with the National Dairy Development Board in Guwahati to set up a joint venture worth Rs 2,000 crore.

On Friday, the Assam government signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB) in Guwahati to set up a joint venture worth Rs 2,000 crore with the target of processing ten lakh litres of milk at six new milk processing units over seven years.

Assam Chief Minister Himanta Biswa Sarma said the move would transform the state’s dairy sector and herald a new era of rural economic development by generating opportunities. He said he hoped the move would benefit more than 1.75 lakh dairy farmers in Assam and increase their earnings.