DDC Sales Rise by 50 Percent, New Cheese Production Plant to be Set up in Pashupatinagar
Summary
DDC's business has grown 50%, enabling Rs 35 crore payments to farmers; new cheese production plant set up in Pashupatinagar and plans for ghee exports to Gulf countries.
Key Points
- DDC's business grew by 50 percent compared to previous levels.
- DDC paid farmers Rs 35 crores in the last two months, reducing outstanding dues from Rs 68 crores to Rs 45 crores.
- DDC plans to export a minimum of 50 metric tonnes of ghee annually to Gulf countries, with an export agreement worth Rs 50 million finalized.
- A new cheese production plant will be established in Pashupatinagar, and paneer and cheese production will begin in Nagarkot from mid-July.