Hatsun Agro Product has received an in-principle approval for the construction of Dairy Plant at Tirunelveli district in Tamil Nadu. The board at its meeting held on January 31, 2013 has approved for the same.
Further, the company has also tied up with a private firm for its requirement of power instead of making separate capital investment in power projects. Also, based on initiatives taken by the State Government, the power situation in the state is likely to improve over a period of time. Besides, the company has also been generating sufficient internal accruals to meet its other requirements.
Hatsun Agro Products is the largest private sector dairy company in India and hence has a distinct advantage of dealing in cow's milk. The company procures around 1.65 million liters of liquid milk per day by directly collecting it from farmers spread over 4,500 villages in south India.
