Parag Milk Foods is targeting up to Rs 160 crore this financial year (FY20) from its manufacturing facility at Sonipat in Haryana that the company acquired from Danone, on better demand for its products in the northern market. The company has earned a revenue of about Rs 70 crore in the FY19 from its Sonipat manufacturing facility in Haryana.
The company has acquired Sonepat plant in April last year and started commercial operations in August to expand its footprint in the north and northeast India.
Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.