ITC moves to milk dairy sector.

Armed with its decade-long experience in livestock development, ITC Ltd. is planning to enter the dairy sector next fiscal with a bouquet of value-added products such as ghee.

The diversified conglomerate is expecting its 2,00,000 litres a day milk processing facility at Munger, Bihar, to be operational over the 'next few months'. The brand name of the dairy business is yet to be finalised.

Indian dairy sector is now dominated by Amul and Nestle.

'We are hopeful of launching the dairy products by next year (2015-16),' Chitranjan Dar, Chief Executive, ITC's Foods Division, told BusinessLine.


HBL