Hotline: 1800 102 2007
X
Search Business Opportunities
Aug, 30 2018

Parag Milk targets 10% market share in Delhi-NCR from fresh milk segment

The company launched the fresh milk made from 100% cow's milk under the brand Gowardhan in Delhi-NCR region.

Parag Milk is eyeing 10% market share in Delhi-NCR from fresh milk segment in the financial year 2019. The company launched the fresh milk made from 100% cow's milk under the brand Gowardhan in Delhi-NCR region.

Devendra Shah, Chairman of Parag Milk Foods, said, "We are planning to expand our footprint in the Delhi and NCR region in the fresh milk category. We are targeting a 10 per cent market share in the region in the fresh milk segment in the next eight months (August-March)."

Along with Delhi NCR, the company also plans to reach out to the regions within 250-300 km radius of the Sonipat plant. The fresh milk business in the NCR region is worth approximately Rs 1,000 crore.

Shah further said, "North is one of the key priority markets for us. Dairy products consumption is the highest in this region and this expansion will allow us to allow cow's milk reach Delhi-NCR and neighbouring regions."

In the coming weeks, along with fresh milk production, the company will also manufacture products including flavoured milk, buttermilk, lassi, among others. Established in 1992, Parag Milk Foods is a private dairy FMCG company with pan-India presence.

Comment
Related opportunities
  • Casual dine Restaurants
    About Us: Kake Da Hotel is a legendary family restaurant founded..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2015
    Investment size Rs. 30lac - 50lac
    Space required 600 - 4000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater North Delhi New Delhi
  • Pathological Labs
    About Us: Established in 1995 by Dr. Vinay Goel, Lifecare Diagnostics..
    Locations looking for expansion Maharashtra
    Establishment year 1995
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Bars, Pubs & Lounge
    About Us: INDIA’S FIRST UNIQUE FRANCHISEE INVESTMENT MODEL: MINIMUM PROFIT GUARANTEE Co-fou..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us:  MBTA (Mahesh Bhupathi Tennis Academy) was founded in 2006,..
    Locations looking for expansion Karnataka
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities