Creamline Dairy Products Ltd. (CDPL), the one which owns Jersey brand of milk would be setting up a new diary in Vizag.
This subsidiary of Godrej Agrovet Ltd. is all set to invest Rs 80 crore in Vizag for the establishment of the new dairy.
Creamline Dairy Products Chief Executive Officer Raj Kanwar said, “This year, we are committed to invest ₹80 crore. This is apart from the ₹400 crore already announced by our founder.”
He further added, “About ₹35 crore will be spent on setting up a new dairy [in Visakhapatnam], ₹35 crore on developing value-added products and the remaining amount for improving and scaling up capacity.”
CDPL, which owns the Jersey brand of milk products, has nine operating plants in southern states and Maharashtra with a capacity of 12 lakh litres per day. While there are nine Jersey Dairy plants in the southern states and one in Maharashtra, the plant in Vizag will be the tenth one. Its operation span across TamilNadu, Andhra Pradesh, Karnataka and Nagpur.