In a significant advancement for Uttar Pradesh’s dairy sector, projects launched during the groundbreaking ceremony are set to attract investments totaling INR 9,000 crore. Despite the state’s accolade as the leading milk producer among states in 2022-23, it continues to grapple with low milk production capacity in cattle, underscoring the considerable scope for enhancing total production.
The projects will also open up employment opportunities within the state, said an official from the department of animal husbandry.
On February 23, Prime Minister Narendra Modi inaugurated the Banas Kashi Complex in Varanasi. This project is expected to create direct employment opportunities for approximately 3,000 individuals and indirectly benefit around 100,000 people, particularly farmers from 1,346 villages in Purvanchal. Additionally, at the close of the year, dairy producers will also receive a portion of the company’s dividends.
Continue Exploring: Dairy tech startup Stellapps in advanced talks for $20 Million Series C funding, eyes expansion and IPO in next 3-4 years
According to Dairy Commissioner Shashi Bhushan Lal Sushil, the Banaskantha District Cooperative Milk Producers’ Union Ltd intends to establish a dairy unit in Baghpat with an investment of INR 800 crore. The facility will initially handle 10 lakh liters of milk per day, with potential to increase to 15 lakh liters per day in the second phase, creating 4,000 job opportunities.
Furthermore, CP Milk and Food Products Private Ltd, presently running three manufacturing units in the state and offering employment to thousands of individuals, has opted to broaden its operations with an extra investment of INR 300 crore in Barabanki. This initiative is anticipated to create job opportunities for 90 individuals. CP Milk directly sources milk from 1.65 lakh dairy farmers.
Smart Grid Pvt Ltd is set to establish its unit in Gonda, with an investment totaling INR 1,100 crore. This venture is expected to create 3,000 job opportunities. Additionally, Rinku Dairy is initiating projects in Bareilly and Shahjahanpur, with investments of INR 490 crore and INR 300 crore respectively. Together, these projects will provide employment for over 1,300 individuals.
“Other major investments include a INR 300 crore project by Bareilly Dairies Ltd, INR 300 crore by Mitra Seva Insurance and Fintech Pvt Ltd, INR 252 crore by Gopal Ji Dairy, INR 250 crore by Creamy Foods in Bulandshahr, INR 250 crore by Pradhan Milk Chilling Plant in Meerut, and INR 212 crore by Dairy Craft in Bareilly,” said the commissioner.
Continue Exploring: Akshayakalpa invests INR 15 Crore to establish state-of-the-art dairy ecosystem in Tamil Nadu