Parag Milk Foods
Dairy company (e. 1992)
From Wikipedia, the free encyclopedia
Parag Milk Foods is a Pune-based private dairy.
| |
| Type | Public |
|---|---|
| BSE: 539889 NSE: PARAGMILK | |
| Industry | Dairy |
| Founded | 1992 |
| Headquarters | , |
Area served | India |
| Key people | Devendra Shah (Chairman)[1] |
| Products | Milk, butter, cheese, ghee, cottage cheese, yogurt and whey protein |
| Revenue |  ₹1,923 crore (US$200 million) (2018)[2] |
| ₹1,865 crore (US$190 million) (2018)[2] | |
| Total assets | ₹1,367 crore (US$140 million) (2018)[2] |
Number of employees | 1,787 (as on 31 March 2018)[2] |
| Website | paragmilkfoods.com |
History
Parag Milk Foods started as a dairy in Manchar with a 20,000 litre capacity in 1992. It started with production of skimmed milk powder and by 2004 became India's largest exporter of the skimmed milk powder.[citation needed] However, the company faced a challenge when the Government of India banned export of milk powder on account of local milk shortage.[3][4][5]