Dakshina Kannada Cooperative Milk Producers’ Union Ltd, which is setting up a new dairy at Uppoor in Udupi district in Karnataka, expects it to be commissioned by the end of FY19.
Addressing the union’s annual general meeting, its President Raviraj Hegde said the work related to the new dairy are expected to be completed by the end of 2018. He said it will be ready for use by March 2019.
He further said the Karnataka Milk Federation (KMF) has extended assistance of ₹5 crore for the construction of the dairy.
Currently, the union has dairy facilities in Mangaluru and Manipal. Hegde added the Milk Producers’ Union plans to shortly launch jeera buttermilk and flavoured milk in 200-ml packs. It will also open three camp offices in different parts of Dakshina Kannada and Udupi districts.
He added the total turnover and net profit of the milk union stood at Rs 807.74 crore and Rs 6.71 crore, respectively, during 2017-18. The members of the union will get a 15 per cent dividend.
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