Business · Companies · 19 hrs ago

Uttar Pradesh receives ₹695 crore in dairy investment proposals

Uttar Pradesh receives ₹695 crore in dairy investment proposals

Uttar Pradesh says it received dairy-sector investment proposals worth ₹695.18 crore during its International Trade Show.

The proposals are for setting up dairy plants and related projects in the state.

Ace International proposed ₹457 crore, while Anjum Dairy proposed ₹50 crore for a plant in Moradabad and Rampur.

Gauri Food and Beverages and K Dairy Farm also submitted proposals, among others.

The state’s Dairy Department says it wants private investment to expand production, modernise dairy facilities and support processing and marketing.

These proposals are not yet approved investments: the department will examine them under its rules.

If approved, the projects could help add value to dairy products and increase income for farmers and businesses.

Sources

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