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Parag Dairy

Sector: Raw Materials • Location: India

Source: International Finance Corporation (IFC)

Project
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Parag Milk Foods Pvt. Ltd. (‘Parag’ or ‘the Company’), established in 1992, is one of India’s largest private dairy companies, catering to major cities in the country with a strong presence in Western and Southern India. It has a milk processing capacity of upto 2,000,000 litres per day (“LPD”) - 1,200,000 LPD at Manchar, Maharashtra and another 800,000 LPD at Palamner, Andhra Pradesh. The Company

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The project “Parag Dairy” is an infrastructure initiative in the Raw Materials sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

Parag Milk Foods Pvt. Ltd. (‘Parag’ or ‘the Company’), established in 1992, is one of India’s largest private dairy companies, catering to major cities in the country with a strong presence in Western and Southern India. It has a milk processing capacity of upto 2,000,000 litres per day (“LPD”) - 1,200,000 LPD at Manchar, Maharashtra and another 800,000 LPD at Palamner, Andhra Pradesh. The Company has a well diversified product portfolio ranging from liquid milk to value added products like UHT milk, cheese, butter, ghee (clarified butter), paneer (cottage cheese), yoghurt, curd, lassi, flavored milk, dairy whitener and milk powder, sold under the brands ‘GO’, ‘Gowardhan’ and ‘Top Up’, with value added products being > 60% of sales.For its next phase of growth, the Company plans to continue with its strategy of shifting to value added products which offer better margins, especially Whey (de-mineralised whey powder), Cheese and UHT milk. Also, the Company plans to strengthen its current operations through plant automation and expanding its procurement and distribution networks.

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