Parag Milk Foods Ltd. (PMFL), one of India’s leading dairy FMCG companies, has announced an expansion of the company’s cheese manufacturing capacity from 60 metric tonnes per day (MT/day) to 120 MT/day. This was decided by the Board of Directors who perceived the capacity enhancement as a part of PMFL’s long-term growth strategy in order to meet the rising demand for its cheese and whey protein portfolio. This will also unlock the new growth opportunities across the dairy value chain, involving an estimated capital expenditure of Rs. 105 Cr to be funded from mix of internal accruals and debt. The expansion is likely to complete by FY28.
Under its flagship brand Go Cheese, PMFL has built one of India’s leading cheese portfolios, commanding an estimated 35% market share. The company is also a key supplier to institutional customers, including hotels, restaurants and catering (HoReCa) businesses, while maintaining a strong presence across general trade, modern trade, e-commerce and quick commerce channels. The expansion comes at a time when India’s cheese market is witnessing robust growth.
The Go Cheese portfolio includes mozzarella, processed cheese, cheddar, cheese slices, spreads, cheese cubes, cheese sauces, cream cheese, pizza cheese and a range of speciality chees solutions serving both retail and food service customers. Catering to the premium segment, its flagship Pride of Cows brand follows a unique farm-to-home, single-origin model, delivering high-quality fresh dairy products to discerning consumers.
Commenting on the development, Rahul Kumar Srivastava, Chief Operating Officer, Parag Milk Foods Ltd, said, “Cheese is one of the key growth drivers for Parag Milk Foods and a strategic pillar of our value-added products portfolio. This Board approval marks another important step in our phased roadmap towards 120 MT per day and reflects our confidence in the long-term potential of the category. The additional capacity enhances manufacturing efficiency, strengthen our ability to meet growing customer demand and support future product innovation.”
PMFL’s diversified portfolio spans everyday dairy staples such as ghee, dahi, paneer and liquid milk under the Gowardhan brand, alongside value-added offerings including cheese, UHT milk, buttermilk, lassi and flavoured milk under the Go brand. Beyond its core dairy portfolio, PMFL has established a strong presence in the fast-growing sports nutrition segment through Avvatar, India’s first 100% vegetarian whey protein brand.
The company is focused on strengthening its position as a global nutrition provider while building one of India’s leading health- and nutrition-focused dairy FMCG businesses through continuous innovation and high-quality products.
