INDIA - Kolhapur based dairy, Kolhapur Zilla Sahakari Dudh Utpadak Sangh, popularly known as Gokul will be setting up a new dairy plant at Shirol tehsil.
The plant will be set up with an investment of $1.50 million and the dairy has received the funds from the government under the Rashtriya Krishi Vikas Yojana (RKVY) (National Agriculture Development Plan).
The funds from the agriculture ministry and dairy development ministry would also be used for modernization of its existing plant and setting up an effluent treatment plant.
However, the funds need to be utilized in two years, as per the government directive.
Total cost of the new dairy plant and modernization of the plant will cost $8.06 million of which $4.04 million will be funded by the government under RKVY, while the balance will be raised by Gokul itself.
The dairy will receive a total of $3.24 million during 2014-15 financial year.
With the current daily milk processing capacity of 150,000 liters per day, the plant will increase its capacity to 200,000 liters per day.
This will help the dairy to expand its reach to collect milk from Shirol, Jaisinghpur and from Hatkanangale to Miraj.
Currently, the dairy collects 625,000 litres of milk every day of which only 80,000 litres come from Karnataka and the rest is produced in the district itself.
With an annual turnover of $215 million, Gokul has a daily production capacity of 40 tonnes each of milk powder and butter. It also produces six tones of ghee every day. Over 100,000 litre milk pouches are packed in its plant near Kolhapur every day.
The company caters to consumers in Mumbai, Navi Mumbai, Thane and its suburban areas.
TheCattleSite News Desk