Mother Dairy Fruit & Vegetable Pvt Ltd, a subsidiary of National Dairy Development Board (NDDB), today announced plans to invest Rs 175 crore to set up a modern dairy and a central distribution centre in Odisha.
“While Rs 150 crore will be invested for setting up the 5 lakh litre per day milk plant, Rs 25 crore will be spent on the central distribution facility”, Dilip Rath, chairman of NDDB told media persons.
The central distribution facility would be useful for collecting and marketing farm produce in a scientific and hygienic manner to get the best price for farmers, he said.
Stating that both the projects are planned to be launched in a composite form from the same place, Rath said around 15 acres has been sought from the state government at a suitable location in Bhubaneswar on lease.
NDDB has already approached Chief Minister Naveen Patnaik for the land in Bhubaneswar.
He said the dairy plant would be operational within 18 months of allotment of land and the distribution centre would be ready in about seven months.