Kwality has received an approval for the expansion plan for setting up of MCC/strengthening farmer milk, procurement process, expanding of capacity in existing units, setting up of new units by way of new investment / buyout / merger of existing units. The board of directors at its meeting held on March 24, 2014 has approved for the same.
The board approved the budget of approximately Rs 375 crore for the same and it is to be met out of internal accruals and debt from bank. The board also directed the company to take all required necessary steps to implement for a common ERP system to automate and standardize business processes and enhance operational efficiencies.
Kwality, the country’s premier dairy foods company, focuses on building leadership positions in branded and added value markets across the dairy sector. It specializes in the storage of milk and related products.
