Keeping pace with the mood of a Vibrant Gujarat, GCMMF has decided to sign MoUs worth Rs 42,00 crore, says its MD Mr R S Sodhi. It would be signed with the State govt and the projects would roll out in the next couple of years, Sodhi underlined.
A federation of 18 milk unions GCMMF markets Amul. Of the 18 member unions of the federation, 12 district dairy unions will be signing the MoUs, reports Times of India.
The projects would involve expansion and setting up new dairy plants for milk processing, powder and cattle feed. Earlier, GCMMF had announced to invest Rs 5,000 crore across the country by 2020.
Giving details Sodhi said Banas Dairy will invest Rs 1,350 crore for setting up a new dairy plant in North Gujarat; Amul Dairy will be investing Rs 450 crore for expansion of its chocolate plant and setting up new UHT milk plant and Sabar Dairy is investing Rs 400 crore for setting up a powder plant at Himmatnagar.
AmulFed Dairy will set up a powder plant at Bhat while Ahmedabad’s Uttam Dairy will be investing Rs 350 crore for setting up a new dairy and cattle feed plant at Ahmedabad. Bhavnagar-based Sarvottam Dairy will invest Rs 500 crore for new dairy and milk powder plant while Surat’s Sumul Dairy too will invest Rs 230 crore to set up a powder and dairy plant.