Milky Mist

Milky Mist, the Indian dairy products manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a new processing facility in the state with an investment of 1,130 crore INR ($134 million). The agreement, formalised at the World Economic Forum in Davos, will see the company construct a large-scale plant on a 48-acre site allotted by the Maharashtra Industrial Development Corporation (MIDC). The new unit …