Business Companies 29 Dec 2021 Amul to set up Rs 50 ...

Amul to set up Rs 500 crore plant in Telangana

DECCAN CHRONICLE. | DC CORRESPONDENT
Published Dec 30, 2021, 2:51 am IST
Updated Dec 30, 2021, 10:26 am IST
A Memorandum of Understanding (MoU) was signed in this regard in the presence of industries minister K.T. Rama Rao here
 Babubhai M. Patel stated that Amul decided to set up its plant in Telangana after seeing the state's industrial friendly policy and investment ecosystem. (Representational Image/ AFP)
  Babubhai M. Patel stated that Amul decided to set up its plant in Telangana after seeing the state's industrial friendly policy and investment ecosystem. (Representational Image/ AFP)

Hyderabad: Indian dairy major Amul (Anand Milk Union Limited) on Wednesday announced the setting up of its largest state-of-the-art plant in Telangana state with an investment of Rs 500 crore in two phases. A Memorandum of Understanding (MoU) was signed in this regard in the presence of industries minister K.T. Rama Rao here.

Principal Secretary of industries department Jayesh Ranjan and MD of Amul’s largest milk cooperatives, Sabarkantha District Cooperative Milk Producers Union Ltd (Sabar Dairy) Babubhai M. Patel signed the MoU.

 

A press release issued by the industries department stated that the plant would come up in a special food processing zone with an investment of about Rs 300 crore in the first phase and Rs 200 crore in the second phase. It would provide direct employment to more than 500 persons and opportunities to several ancillary industries, the release said.

This will be Amul’s largest plant in south India with a capacity to process five lakh litres milk per day — expandable to 10 lakh litres per day — to manufacture packed milk and value added dairy products such as curd, buttermilk, lassi, yogurt, paneer, sweets etc.

 

Amul will also set up its bakery production division in Telangana state with a range of products such as breads, biscuits, traditional sweets, and baked snacks.
Rama Rao thanked the management of Amul for deciding to set up their largest plant in Telangana. He highlighted the all round performance of the state and also mentioned about the friendly industrial policy and the existing investment ecosystem.

He said the state was experiencing a water revolution and was in the process of witnessing another white revolution (milk) with Amul entering into the state which would add strength to its milk industry.

 

Patel stated that Amul decided to set up its plant in Telangana after seeing the state's industrial friendly policy and investment ecosystem. "We will soon deliver 'Made in Telangana' milk products," he said.

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Location: India, Telangana, Hyderabad




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