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Parag Milk Foods to Invest ₹100 Crore, Quadruple Paneer Capacity to 80 MT/Day
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CNBC TV18•21-09-2026, 22:51
Parag Milk Foods to Invest ₹100 Crore, Quadruple Paneer Capacity to 80 MT/Day
- •Parag Milk Foods plans to invest ₹100 crore to expand its paneer manufacturing capacity from 20 MT/day to 80 MT/day.
- •The expansion, targeting FY 2027-28, will be funded through internal accruals, borrowings, or lease, with commissioning expected by June 2027.
- •The enhanced facilities at Manchar and Palamaner will produce both regular and high-protein paneer.
- •Paneer is a flagship category for Parag Milk Foods, contributing to over 90% of its turnover and growing 28% in the last two years.
- •The company aims to leverage its technology for extended shelf-life paneer and expand distribution across various channels including General Trade, Modern Trade, and HoReCa.
Key Questions Answered
Parag Milk Foods plans to invest approximately ₹100 crore to expand its paneer manufacturing capacity by 60 metric tonnes per day, raising its total capacity from 20 to 80 metric tonnes per day by the financial year 2027-28.
The capacity expansion is planned across the company's existing manufacturing facilities located at Manchar in Maharashtra and Palamaner in Andhra Pradesh.
Parag's branded paneer features a shelf life of up to 75 days without any preservatives, which is made possible through the company's advanced manufacturing and packaging technology.
