Parag Milk Foods Bets ₹105 Crore on Cheese Growth

Parag Milk Foods has approved an investment of ₹105 crore to double its cheese manufacturing capacity from 60 metric tonnes per day (MT/day) to 120 MT/day, with the expansion expected to be completed by FY28. The investment will be funded through a mix of internal accruals and debt and is aimed at meeting rising demand…