Skip to main content

Kwality Ltd Dairy Announces $50 Million Investment for Expansion Projects

Kwality Dairy is planning to invest in expanding its milk procurement operations and introducing more value-added products to its lineup.


The company currently operates six plants in Haryana, Uttar Pradesh, and Rajasthan, with a processing capacity of 3 million liters of milk per day.

Sanjay Dhingra, Chairman and Managing Director of Kwality Ltd, shared that the company procures about 2.8 million liters of milk daily. Of this, 500,000 liters are directly sourced from 22 milk chilling centers. The company plans to increase these centers to 90 within the next 2-3 years to strengthen its milk collection network.

Kwality Dairy, which already offers products like ghee and skimmed milk powder (SMP), plans to expand its range by introducing flavored milk, yogurt, cheese, and UHT (ultra-high temperature) milk.

In the 2012-13 fiscal year, the company reported a turnover of $605 million and aims for 20-25% growth in the current fiscal year.

To support its growth plans, Kwality is exploring options to raise $165 million through various instruments, including equity. However, these plans are yet to be finalized, according to company director Sidhant Gupta. He believes that launching value-added products will help improve the company’s profit margins.

Currently, Kwality sells 350,000 liters of milk daily to retail consumers under the ‘Dairy Best’ brand.

The company has also established a subsidiary in the UAE to handle the export and import of products like skimmed milk powder, ghee, butter, and other dairy items.

Read More
Labels:

Comments

Post a Comment

Popular posts from this blog

Kudos Finance And Investments Private Limited

Kudos Finance And Investments Private Limited (KFAIPL) is a well-established Indian private company, founded on April 25, 2009, with over 15 years of experience. It is based in Pune, Maharashtra, and operates in the finance and insurance sector. The company is currently active and has submitted its annual returns and financial statements up to March 31, 2021. KFAIPL is a company limited by shares, with an authorized capital of Rs 4.30 crore and a paid-up capital of Rs 3.28 crore. Visit Us
Post a Comment
Read more

Kwality Dairy to Invest $50 Million in Expansion Efforts

Kwality Dairy runs six plants in Haryana, Uttar Pradesh, and Rajasthan, processing 3 million liters of milk daily. Sanjay Dhingra, CMD of Kwality Ltd., said: “We currently collect about 2.8 million liters of milk daily, with 500,000 liters coming directly from our 22 milk chilling centers. We aim to improve our milk collection capacity further.” Read More
Post a Comment
Read more

Exploring the Legacy of Sidhant Gupta at Kwality Ltd

Sidhant Gupta is a well-known Indian entrepreneur, recognized for his time as Director of Kwality Ltd from 2011 to 2018. During his leadership, he helped drive the company’s growth, achieving a turnover of over ₹6,000 crore and expanding its reach to 20 countries. He also led the setup of a fully owned subsidiary in the UAE, strengthening Kwality Ltd's global presence. Sidhant Gupta graduated in Finance from Shri Venkateswara College, University of Delhi. As a forward-thinking leader, he promoted new technologies and improved management practices at Kwality Ltd, making it a top player in the dairy industry. With deep experience working with government agencies like the Food Corporation of India, Ministry of Agriculture, and Ministry of Defence, Sidhant built successful partnerships with major brands like Adani Wilmar, Cadbury, Britannia, and Markfed. His strategic approach and business skills helped Kwality Ltd become one of the most respected names in the dairy sector during his ...
Post a Comment
Read more