Acquisitions18 Oct 2024, 11:24 pm
Dodla Dairy Acquires 35.23 Acres in Maharashtra for Expansion
AI Summary
Dodla Dairy Ltd., a leading integrated dairy company in India, has completed the acquisition of a 35.23-acre land parcel in Maharashtra. The company, which procures 2 lakh litres of milk per day from Maharashtra, plans to establish an integrated plant with condensing and milk powder making capabilities in the Solapur district. This move aims to improve operational efficiency and expand the company's Value-added Products (VAP) portfolio.
Key Highlights
- Dodla Dairy has acquired a 35.23-acre land parcel in Maharashtra for its expansion plans.
- The new integrated plant will have condensing and milk powder making capabilities.
- The move aims to enhance Dodla Dairy's foothold in Maharashtra and improve operational efficiency.
- Dodla Dairy currently procures 2 lakh litres of milk per day from Maharashtra.
- The new plant will help the company expand its Value-added Products (VAP) portfolio.