Support: +91-22-61011756 /
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

IFC to fund Parag Milk Foods’ expansion plans

Tuesday, 12 Jan 2021
Share this on :
Parag Milk Foods (Parag) is planning to raise money from the International Finance Corporation (IFC) for meeting the company's working capital needs and for its long-term expansion plan.

IFC committed around USD 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 plans.

IFC’s investment under RSE COVID-19 facility aims to provide Parag with sufficient additional liquidity in support of its working capital needs and long- term expansion plans.

IFC’s proceeds will be used for further development of milk processing plants at two locations – Manchar in Maharashtra, and Palamner in Andhra Pradesh.

The company has a milk processing capacity of up to 3,500,000 lpd -- 2,000,000 lpd at Manchar, and 1,400,000 lpd at Palamner, Andhra Pradesh and 1,00,000 lpd at Sonipat, Haryana.

Post Your Comments


Sign up to start your trial access

Are you...


Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services