StockWatch
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Dairy Products
Expansion21 Sept 2026, 09:30 pm

Parag Milk Foods Expands Paneer Capacity to 80 MT/Day

AI Summary

Parag Milk Foods Limited announced plans to significantly expand its paneer manufacturing capacity by approximately 60 MT per day, bringing the total to 80 MT per day. This expansion, involving brownfield and greenfield initiatives at Manchar and Palamaner, will require an investment of approximately ₹100 crore and is expected to be commissioned by June 2027. The company aims to capitalize on the growing demand for branded and packaged paneer, particularly the high-protein variant, and strengthen its pan-India distribution network. Paneer is a flagship category for Parag Milk Foods, contributing significantly to its turnover and showing strong growth. This strategic move aligns with the company's focus on value-added products and innovation in a market projected for substantial growth.

Key Highlights

  • Paneer manufacturing capacity to increase from 20 MT/day to 80 MT/day.
  • Investment of approximately ₹100 crore planned for expansion.
  • Expansion expected to be commissioned by June 2027.
  • Aims to strengthen pan-India distribution and capitalize on market growth.
  • Focus on value-added products and branded paneer offerings.