Parag Milk: A Resilient Player in the Indian Dairy Market

Parag Milk Foods Ltd is a distinguished name in the Indian dairy sector, known for its vast array of dairy products and its strong presence in the market. Headquartered in Mumbai, India, the company has cemented its position as one of the largest private dairy product manufacturers in the country.

Location and Facilities

The company's registered office is located in Pune, Maharashtra, while its state-of-the-art manufacturing facilities are situated in Manchar, Maharashtra, and Palamaner, Andhra Pradesh. These facilities are equipped with advanced technology to ensure the production of high-quality dairy products, ranging from milk and cheese to ghee and yogurt.

Financial Indicators

Parag Milk Foods reported a revenue of approximately ₹2,335 crore for the fiscal year 2022, demonstrating its capability to maintain growth even in a challenging economic environment. The company's focus on value addition and branding has enabled it to maintain competitive margins and a steady market share.

Important Company Events

In recent years, Parag Milk has undertaken significant strategic initiatives to strengthen its market position. The introduction of new product lines and the expansion of its distribution network have been pivotal in driving growth. Additionally, Parag Milk successfully launched "Pride of Cows," a niche brand offering premium milk services directly to consumers in select urban areas.

Company Plans

Looking ahead, Parag Milk intends to continue its focus on innovation and product diversification, aiming to capture a larger share of the value-added dairy segment. The company is also exploring expansion into international markets to broaden its geographic footprint. With sustainability increasingly becoming a key concern, Parag Milk has set goals to enhance its eco-friendly practices across operations.

Parag Milk's ability to navigate the complexities of the Indian dairy market while focusing on growth and sustainability makes it a noteworthy entity in the FMCG landscape.

Modified: 2025/02/25

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