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Kwality enters into MoU with Central Bank of India

30 Jun 2014 Evaluate

Kwality has entered into a Memorandum of Understanding (MoU) with Central Bank of India for providing financial assistance for expansion/establishment of dairy farm of Milk Producer Farmers (MPF) under the bank’s ‘Cent Dairy’ scheme.

As per the MoU, Kwality will identify the farmers who supply milk to them and are in requirement of financial assistance. The company will then recommend their names to the bank, which would extend its credit facility to the MPF after checking the farmer’s credentials.

Kwality has six plants in Haryana, Uttar Pradesh and Rajasthan with processing capacity of 30 lakh litres a day.

Peers
Company Name CMP
Nestle India 1265.00
Varun Beverages 430.00
Britannia Industries 4780.00
LT Foods 417.30
Hatsun Agro Product 1163.90
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