Kwality plans to invest Rs 300 crore on expansion

Dairy firm Kwality Ltd is planning to invest about Rs 300 crore in the next fiscal to expand its milk procurement operations and launch more value-added products to its portfolio. The national capital based company has six plants in Haryana, Uttar Pradesh and Rajasthan with processing capacity of 30 lakh litres a day. Kwality Ltd posted a turnover of Rs 3,700 crore in 2012-13 and is looking at 20-25 per cent growth in the top...