date:Dec 06, 2012
and northern regions of the country, which will boost its total procurement capacity from the current 2 million litres to 5 million litres per day.
Parag Milk chairman Devendra Shah was quoted by the Economic Times as saying that the company will expand its value-added milk products and brands in order to achieve its sales target of Rs100bn ($1.83bn) by 2020, up from Rs12bn ($219.97m) this fiscal.
The company is also planning to increase its EBITDA from the current 8% to 14%, Shah added.
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