India: Dharampal Satyapal Group to open five new production units
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