Godrej Agrovet to acquire 48% stake in Creamline Dairy
Godrej Agrovet Ltd announced that its board has approved the acquisition of the remaining 48.06 per cent equity stake in Creamline Dairy Products Limited (CDPL), making it a wholly owned subsidiary of the company. The cost of the acquisition is Rs 930 crore. In an exchange filing on Tuesday, the company confirmed that the board has […]
Creamline Dairy Launches Godrej My Farm Fresh Milk
Creamline Dairy Products Limited (CDPL), a subsidiary of India’s largest and diversified agribusiness, Godrej Agrovet Limited (GAVL), today announced the launch of Godrej My Farm Milk, a premium milk straight from Godrej’s farm to consumers’ doorsteps. With Godrej My Farm Milk being directly sourced from Godrej’s own farm, pasteurized, and packaged using cutting-edge technology, it […]
Creamline Dairy to expand plant with ₹20 cr in Telangana state
Godrej Agrovet subsidiary Creamline Dairy Products plans to expand the capacity of its Kesavaram plant, near here, with an investment of ₹20 crore this year. The company, which markets milk and milk products under the Godrej Jersey brand, decided on the expansion since it is running out of tetrapak capacity at the plant. Post the […]
Food inflation in India to increase as milk, chicken may cost more
Food inflation in India will probably accelerate in the coming months on stronger prices of fruits, vegetables and chicken following poor supplies, according to a top executive of the nation’s biggest animal-feed company. Weaker prices of animal protein due to poor demand from bulk users like hotels and banquets, which account for one-third of total […]