Milk Boost for India: Amul to Build 9 New Plants

The Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), makers of Amul brand dairy products, will be setting up nine new plants in the next four years at a cost of Rs 3,000 crore and also expand the capacity of the existing plants.

Managing Director of GCMMF RS Sodhi said the dairy products maker has plans to touch Rs 30,000 crore turnover by 2020.

"In the next four years, we are investing around Rs 3,000 crore in setting up nine new plants and the capacity of the existing 40 plants will be increased," Sodhi said.

He said current generation of farmers is not finding milk business as viable and the situation may lead to depend on imports like other Asian countries.