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Parag Milk Foods to commence manufacturing plant in Haryana

01 Aug 2018 Evaluate

Parag Milk Foods is all set to commence manufacturing at the Sonipat plant in Haryana by end of this week. Post the acquisition of Danone Foods and Beverages India, the local entity of French dairy firm Danone SA’s manufacturing facility, the company has completed all regulatory requirements and would soon commence the supply of Fresh Curd to the nearby markets of Delhi-NCR.

The acquisition of Danone’s manufacturing facility is a strategic investment in strengthening the company’s fresh category distribution in the North and East regions of India.

Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.

Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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