Mar, 28 2016

​Amul mulls on setting up processing unit in NE

By Franchise India Bureau
​Amul mulls on setting up processing unit in NE

Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells dairy products under the Amul brand, is planning to set up a processing unit in the Northeast.

"We are setting up two processing units in UP - one in Kanpur and one in Lucknow - which will be operational in five- six months. We are also planning to set up a processing unit near Kolkata and in Northeast. We are investing Rs 200 crore for each of these units," R S Sodhi, Managing Director, GCMMF's told PTI.

"Our main focus is on the domestic market for expansion. Of the total revenues, we export only about Rs 250 crore . We are expecting Rs 23,000 crore in sales by the end of the financial year. The rise in revenue is only due to increase in volume," he added.

GCMMF has 60 milk processing units spread across the country and exports its value-added products to over 50 countries. The federation procures about 14.85 million litres of milk every day from 18,536 village milk cooperative societies and 17 member unions covering 31 districts and 3.37 million milk producer members.

Related: SUBWAY opens 350th outlet in India

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