Food Products sector projects by Britannia Industries Limited in Multi Location
Project Information
7006
Britannia Industries Limited
Britannia Industries is gearing up for a full-fledged play in the estimated Rs 85,000-crore Indian dairy market as part of its overall strategy to be a total food company.
The company will seek board approval within a couple of months for its expansion in the dairy segment, which could entail a minimum investment of Rs 300 crore in the initial phase.
"We want to be a total food company and to do so, we can't ignore the large dairy segment. The dairy segment in India is almost Rs 85,000 crore," Britannia Industries Managing Director Varun Berry said.
Elaborating on why it made sense to be a full-fledged player in the dairy segment, he said: "We sell dairy products worth Rs 400 crore and for our bakery business we buy dairy products worth Rs 300 crore. Overall, the consumption and sales is almost Rs 700 crore, which is a fairly large number."
Project Value
INR 300 Crore /-
Planning
Multi Location
Karnataka
India
Food Products
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