Breaking: BL Agro Group signs MoU with DeLaval Sweden, will invest Rs 1500 crore for dairy business

The partnership will strengthen India’s position in the global dairy industry while significantly contributing to the country's sustainability goals.

By  Imran FazalSep 20, 2024 3:41 PM
Breaking: BL Agro Group signs MoU with DeLaval Sweden, will invest Rs 1500 crore for dairy business
Richa Khandelwal and Ashish Khandelwal of BL Agro with Chirag Paswan,Minister of Food Processing Industries at World Food India, 2024.

At the ongoing World Food India 2024 in Delhi, BL Agro Group signed a Memorandum of Understanding (MoU) with Sweden-based M/s DeLaval. The company will invest Rs 1500 crore towards its dairy business. BL Kamdhenu plans to enter into the ghee, cheese, protein shakes and chocolate segment in next one year. The MoU will strengthen India’s position in the global dairy industry while significantly contributing to the country's sustainability goals.

BL Agro Group’s subsidiary BL Kamdhenu Farms Limited will promptly promote a zero-waste economy and long-term sustainability in cattle breeding and dairy technology, with an investment close to ₹1500 crore. The collaboration is designed to harness advanced technologies and farming solutions including milking essentials, farm management and cow comfort. The MoU was signed in the presence of H.E. Jan Thesleff, Ambassador of Sweden.

By integrating all components of the milk value chain—from feed requirements to waste management—the initiative aims to create a circular economy, driving both economic growth and environmental sustainability.

Navneet Ravikar, Director of B.L. Kamdhenu Farms, said, “We are looking at sustainable methods for the dairy business in the country. With investment of Rs 1500 crore over the period of time, we intend to enter into the ghee, cheese, protein shakes and chocolate business in next one year. We are not looking at selling milk but at the milk processing aspect. Moreover, our distribution channels help us scale faster and will benefit the growth of our new products."

Ravikar said, "This collaboration truly shows our committment to creating a fully integrated and sustainable milk value chain. Because only when we ensure zero waste, can we create long-term benefits for farmers and the environment alike.”

DeLaval is a global leader in dairy farming technology that works towards reducing environmental footprint while improving production and the well-being of the animals involved which brings expertise in integrated solutions that enhances milk quality, volume of production, and overall quality of life for dairy producers.

First Published on Sep 20, 2024 3:15 PM

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