IFC to fund Parag’s milk working cap and expansion plans
Parag Foods Limited (Parag) is planning to raise money from International Finance Corporation (IFC) for meeting the company’s working capital needs and for its long-term expansion plan. IFC committed around $31 million (around Rs 230 crore) to Parag in the form of non-convertible debentures to support the company’s working capital needs and long term Capex […]
Parag Milk Foods sets up lactose manufacturing facility
With the intent of expanding its health & nutrition business, the leading manufacturer & marketer of dairy-based branded products, Parag Milk Foods informed the bourses on Wednesday that it has established state-of-the-art facilities with a capacity to manufacture 40 MT of lactose per day. The company is one of the leading cheese producers in the […]
Ananda and Amul stood first in cow ghee quality
The past 5/6 months have seen Indian consumers eating dairy products more including ghee, reports a media daily. Thanks to the lockdown period, Indian consumers had rustled up their culinary experience and reason being there was an uptick of ghee consumption besides other dairy products. Where milk and dairy products are a major supplier of […]
FSSAI’s standards of Paneer creates opportunity for differentiation
Covid times has taught us a lot about healthy and nutritious food. Consumers became more aware on their food selection and intake. The consumption of animal meat products reduced to very low level . It was because of the fact that Corona has emanated out of an animal. Social media has promoted the immunity boosting […]