Erode-based Milky Mist Dairy Food signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up a milk processing and dairy products manufacturing facility in the State in phases at ₹ 1,130 crore.
The MoU was signed at the ongoing World Economic Forum (WEF) annual meeting in Davos, in the presence of Maharashtra Chief Minister Devendra Fadnavis and K. Rathnam, CEO of Milky Mist, marking a significant step in the company’s expansion plans beyond southern India.
Milky Mist will establish a 10 lakh litre a day milk processing plant, expandable up to 25 LLPD, with a diverse product portfolio including paneer, yogurts, curd, mozzarella cheese, ice cream, butter, and ghee. The project will be developed on about 48.15 acres, with the land allotted by Maharashtra Industrial Development Corporation.
Mr. Rathnam said in a press release, “This MoU reflects our long-term commitment to strengthening India’s dairy value chain while creating sustainable economic opportunities for farmers and communities. Maharashtra’s progressive policies, robust infrastructure and strong milk-producing regions make it an ideal partner for our next phase of growth.”
Published – January 27, 2026 07:08 pm IST
