Amul to invest `500 cr to set up plant in Telangana

Hyderabad: Telangana State continues to attract major investments to the State. Milk production giant Amul will invest Rs 500 crore to set up one of their largest state-of-the-art plant in Telangana. In the presence of IT and Industries Minister KT Rama Rao, an MoU was signed by Principal Secretary of Industries & Commerce Jayesh Ranjan and Amul's largest milk cooperatives, Sabarkantha District Cooperative Milk Producers Union Ltd Sabar Dairy MD Babubhai M Patel in Hyderabad on Wednesday.

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 will provide direct employment to more than 500 persons and opportunities to several ancillary industries. Amul has selected Telangana to set up its largest plant in Southern India with capacity to process 5 lakh litre per day (LLPD) of milk expandable up to 10 LLPD to manufacture packed milk and value added dairy products.

Minister KTR highlighted the all round performance of the State and also mentioned about the friendly industrial policy and the existing investment ecosystem. He said that the State was experiencing a water revolution and was in the process of witnessing another White Revolution (milk) with Amul entering into the State which will add strength to its milk industry.

Sabarkantha Dist Co-op Milk Producers Union -Sabar dairy MD Babubhai M Patel stated that Amul decided to set up their plant in Telangana after seeing the State's industrial friendly policy and investment ecosystem here. "We will soon deliver 'Made in Telangana' milk products," he said.

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. 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.