Indian conglomerate Dharampal Satyapal Group (DS Group) has announced plans to open five new production units as part of an investment plan totalling around Rs 200 crore ($31 million) over the next three years.
The units will be a mix of company-owned and leased and will produce a range of dairy goods for the Indian market, a spokesman said.
The new facilites will allow the firm to expand its capacity and launch a range of dairy products across the country, including new butter, cheese and other milk products, the company added.
“We want to be a full-range dairy product firm with a pan-India presence within next three years. For this, we will add five more plants, taking our total number of production units to 7-8”, DS Group Business Head (Dairy Division) Sunil Kumar Bansal told The Press Trust of India.
Source: Hindu Business Online