India’s leading value added dairy company, Milky Mist Dairy Food Ltd has announced a major investment of ₹1,130 crore to set up a large milk processing and dairy products manufacturing unit in Maharashtra. The company signed a Memorandum of Understanding (MoU) with the state government to support this expansion.
MoU Signed at World Economic Forum in Davos
The agreement was signed at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Maharashtra Chief Minister Devendra Fadnavis and Milky Mist CEO K. Rathnam were present during the signing. This partnership marks an important step in Milky Mist’s plan to expand its business beyond southern India and strengthen its presence in western India.
Under the MoU, Milky Mist will set up a 10 lakh litres per day (LLPD) milk processing plant, which can later be expanded to 25 LLPD. The new facility will produce a wide range of dairy products, including paneer, yoghurt and curd, mozzarella cheese, ice cream and butter and ghee. The plant will be built on about 48 acres of land, allotted by the Maharashtra Industrial Development Corporation (MIDC).
Boost to Employment and Local Dairy Sector
The project is expected to create around 800 direct jobs, providing a strong boost to local employment. It will also support farmers and strengthen the regional dairy ecosystem. Milk for the plant will be sourced from within Maharashtra, helping local dairy farmers get better market access and stable income. The project will be developed in phases, allowing the company to expand operations gradually based on demand. This approach will ensure efficient use of resources and long term sustainability.
About Milky Mist and Its Growth Journey
Founded in 1997 by entrepreneur T. Sathish Kumar in Tamil Nadu, Milky Mist has grown into one of India’s top dairy brands. The company is known for its strong farmer partnerships, modern technology, and premium dairy products in both domestic and international markets. Commenting on the project, CEO K. Rathnam said that the investment reflects Milky Mist’s commitment to strengthening India’s dairy value chain. He added that Maharashtra’s good infrastructure, supportive policies, and strong milk production make it an ideal location for the company’s next phase of growth. The new plant is expected to play a key role in expanding Milky Mist’s market presence in western India and supporting sustainable development in the dairy sector.
Date : 26 to 30 Jan 2026
Time : 7 PM to 10 PM
Fee : Rs. 4,720
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