Amul would soon start marketing a range of frozen snacks such as paranthas, patties and samosas. The decision of expansion was taken as Amul has a widespread cold chain required for such frozen products, reports Times of India.
Meanwhile, Amul has also decided to invest Rs 2,000 crore over the next two years for the expansion, including setting up of new plants in Kolkata and Varanasi.
Back home in Gujarat, Amul will invest around Rs 600 crore for expanding the milk processing of its Amul-Fed Dairy at Bhat in Gandhinagar.
GCMMF’s turnover is expected to rise by nearly 18% to Rs 27,000 crore in the fiscal 2016-17, GCMMF MD R S Sodhi said.