Karnataka Milk Federation (KMF), which owns Nandini milk brand, has made a foray into Vidarbha region of Maharashtra, and is planning to invest Rs 1,000 crore through acquisition of dairy processing units in Maharashtra and Goa.
KMF has launched its milk and milk products under brand Nandini in Vidarbha market and is planning to leverage markets in Nagpur, Wardha, Yavatmal and Chandrapur.
With this, the milk processed at its dairy in Bijapur, Karnataka, will reach Chandrapur, after travelling around 650 km, where it will be packed in collaboration with Swapnapurti, a local dairy brand.
The company is planning to buy two plants in Mumbai and one each in Goa and Pune. Moreover, the tenders for the acquisition in Mumbai have been issued.
The company has drawn Rs 1,000 crore expansion plan by acquiring the dairy processing units.
KMF is operating in the liquid milk segment across Karnataka, Goa and other cities of the country including Mumbai, Pune, Solapur, Chennai, Hyderabad, Vijayawada.
Now, it will take the fleet further to Vidarbha region, including Nagpur, Wardha, Yavatmal, Chandrapur, among others.