Indian food processor Heritage Foods, involved in the business of milk and milk products, is to set up four more milk procurement and processing centres during the current fiscal year.
"With the commissioning of the four new projects, HFIL products will be available in all major towns and cities in South India," the company's Dr V. Nagaraja Naidu told Business Line.
The new 50,000-litres-per-day capacity units are being established at Battiprolu in Andhra Pradesh, and Vadamadurai and Tirunelveli in Tamil Nadu. The location of another unit is yet to be identified. The Vadamadurai plant, expandable to 1 lakh litres per day, will market liquid milk in Coimbatore, Madurai, Dindigal, Tiruchurapalli, Erode, Karur and Palani.
The company is also creating facilities for the manufacture of table butter and exploring the possibility of entering the business of branded food products. It has launched flavoured milk and is planning to market plain and fruit yoghurts shortly. The news report states that HFIL is expected to start the sale of table butter from October and roll out branded food products in a span of six months.
Naidu said the company had drawn up plans for expansion to achieve the desired business growth and to improve profitability for the present day and the future.