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Dec, 22 2014

Amul's turnover to reach Rs 22,000 crore in 2015

The company is witnessing a growth in all segments including milk and ice-cream. The company is also setting new plants in Gujarat, Haryana, Uttar Pradesh and West Bengal.

Amul, which manufactures milk and milk products under Gujrat based dairy major - GCMMF is expecting a 21 per cent rise in its early turnover by reaching Rs 22,000 crore in 2015, according to a PTI report.

“We are undertaking major expansion to increase milk processing capacity to 320 lakh litre per day from the current 230 lakh litre per day,” said, R S Sodhi, MD, GCMMF.

"We expect our turnover to reach about Rs 22,000 crore in the current fiscal from Rs 18,143 crore last year. The higher turnover is because of volume growth as there has been not much increase in prices," Sodhi told PTI.

In terms of percentage, he said the turnover growth would be lower than the 32 per cent achieved last year.

The company is witnessing a growth in all segments including milk and ice-cream. The company is also setting new plants in Gujarat, Haryana, Uttar Pradesh and West Bengal.

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