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Parag Milk receives final sanction for incentives for Manchar project

07 Nov 2017 Evaluate

Parag Milk Foods has received the final sanction for incentives applicable to Mega Project at Manchar from Government of Maharashtra. The incentive is available for a period of 8 years starting from August 1, 2017 and the total admissible amount is approximately  Rs 2,793 million (a maximum amount of around Rs 349 million per year).

This incentive is offered by Government of Maharashtra based on the investments made and employment generated in the State of Maharashtra. The incentive would also be applicable on all the future investments made till March 31, 2019.

Parag Milk Foods is a largest private dairy company. They have their own manufacturing facility with state of art technologies. Their manufacturing facilities are strategically located at Manchar, Maharashtra and Palamaner, Andhra Pradesh.

Parag Milk Foods Share Price

222.90 -5.30 (-2.32%)
17-Apr-2026 16:59 View Price Chart
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