Amul announces Rs 500 crore investment in Telangana
Hyderabad: The mega Dairy Cooperative Society Amul has announced the setting up of their largest state-of-the-art plant at Wargal, Gajwel with an investment of Rs.500 crore.
Amul selected Telangana to set up its largest plant in southern India with a capacity to process five lakh litres per day of milk expandable to 10 LLPD to manufacture packed milk and value-added dairy products such as curd, buttermilk, lassi, yogurt, paneer, sweets, among others.
Amul will also set up its bakery production division in Telangana with a range of products such as breads, biscuits, traditional sweets and baked snacks.
Amul signed a Memorandum of Understanding in the presence of Industries Minister KT Rama Rao here on Wednesday. Industries Principal Secretary Jayesh Ranjan and Sabarkantha Dist Co-op Milk Producers Union-Sabar Dairy MD Babubhai M Patel signed the MoU.
The plant will come up in a special food processing zone in Telangana with an investment of about Rs 300 crore in Phase 1 and Rs 200 crore in Phase-2.
The plant is likely to begin its commercial production within 18 to 24 months. It will provide direct employment to more than 500 persons and opportunities to several ancillary industries.
With this plant, Amul will strive to procure the required milk and other raw material from Telangana farmers and the various cooperatives and FPOs operating in the state.
Babubhai Patel signed the MoU on behalf of Amul and Dr R S Sodhi, Managing Director of GCMMF ltd (AMUL) who could not be physically present due to his health condition. He sent his regards virtually.
Rama Rao thanked the Amul leadership team for agreeing to set up their largest plant in Telangana and highlighted the all-round performance of the State.
The Minister said Telangana was experiencing a water revolution and was in the process of witnessing another White Revolution (milk) with Amul entering the State. This will add strength to Telangana’s milk industry, he said.
Babubhai Patel said Amul decided to set up their plant in Telangana after seeing the State’s industru-friendly policy and investment ecosystem. “We will soon deliver ‘Made in Telangana’ milk products,” he said in the meeting.
