Dairy Firm Ananda Plans For New Stores In Delhi

Ananda, one of the burgeoning dairy firms, is looking for a land to set up a new processing plant in eastern Uttar Pradesh (UP) and plans to invest about Rs 50 cr to open 1,100 retail outlets in the national capital. This Noida-based firm, which achieved a turnover of Rs 1,500 cr in the last fiscal, has three manufacturing plants at Bulandshahr, Gajraula and Pilkhuwa in UP with a processing capacity of 12 lakh litre milk per day. The company has also taken on lease two plants at Kanpur and Moradabad with 6 lakh litres capacity. The plans would be of 4-5 lakh litre processing capacity. The firm’s retail outlet expansion plan in Delhi is a new business opportunity for the signage companies whose activities involve in in-store graphics and signage projects.