The subsidiary of American Schreiber International sets up plant to produce infant milk powder in Baramati
Dairies, a subsidiary of American Schreiber International, has opened its first state-of-the-art fully automated and integrated infant nutrition ingredient plant to produce hygienic milk powder in Baramati in Maharashtra to aggressively tap the growing market in Asia’s third biggest economy.
The company said it has invested Rs 250 crore in the new plant with an installed capacity to produce 15,200 tons of infant milk powder for the Indian market as well as for exports.
“We are very bullish on the growing Indian market and we want to aggressively tap this market,” Francois Salamon, president at Schreiber International told Financial Chronicle.
In order to meet the growing consumer demand for safe and hygienic milk powder for infant food application and other high quality dairy ingredients in India and globally, the company opened its first state-of-art, fully automated Dryer built and installed by GEA, he said.
The infant nutrition plant will initially produce about 800 tons of infant milk powder per month and about 9,600 tons annually.
“This new facility will be used to produce and sell the top class hygienic milk powder for infant food application and other high quality dairy ingredients in India,” Salamon said, adding it would also explore export markets after meeting demand for the local markets.
The USA-based internationally renowned dairy giant Schreiber Foods holds 60 per cent stake in Schreiber Dynamix Dairies, which clocked a sales turnover of Rs 1,500 crore last financial year.
“Schreiber Dynamix Dairies is a profitable and debt-free company, clocking a CAGR of 10-15 per cent over the last five years,” Salamon said. He said India is a growing market with huge potential and the company’s total investment of over $100 million (about Rs 650 crore) in the past decade would help it cater to the growing demand.
“We are also continuing to explore further investment opportunities in the country,” Salamon said.
Inaugurating the Dryer facility, Mike Haddad, president & CEO at Schreiber Foods, USA, said, ”The new Dryer offers high quality and food safe products with breakthrough technology, fully controlled PLC, high end automation, improved operational efficiency, better process control and reliability.”
Through this plant, the brand would be able to expand its supply of high-quality and food safe nutritional powders in India and other parts of the world, he said.
Schreiber Dynamix, is one of India’s largest customer brand dairy company manufacturing value added products, including cheese, yogurts, juices, powders for leading food and beverage players like Abbott, Britannia, Coca Cola, Danone, D’lecta, Domino’s, Future group, Halewood Laboratories, Kraft, McDonald’s, Mother Dairy, Nestle, PepsiCo, PizzaHut, Subway, and Unilever, among others.
It has more than 300 SKUs (stock keeping units).
The company has a fully integrated network of 400 bulk coolers across various parts of western and southern India. At present Schreiber Dynamix, apart from its factory at Baramati in Maharashtra, also has facilities in Fazilka in Punjab and Kuppam in Andhra Pradesh to cater to those regions.
michaelgonsalves@mydigitalfc.com
The company said it has invested Rs 250 crore in the new plant with an installed capacity to produce 15,200 tons of infant milk powder for the Indian market as well as for exports.
“We are very bullish on the growing Indian market and we want to aggressively tap this market,” Francois Salamon, president at Schreiber International told Financial Chronicle.
In order to meet the growing consumer demand for safe and hygienic milk powder for infant food application and other high quality dairy ingredients in India and globally, the company opened its first state-of-art, fully automated Dryer built and installed by GEA, he said.
The infant nutrition plant will initially produce about 800 tons of infant milk powder per month and about 9,600 tons annually.
“This new facility will be used to produce and sell the top class hygienic milk powder for infant food application and other high quality dairy ingredients in India,” Salamon said, adding it would also explore export markets after meeting demand for the local markets.
The USA-based internationally renowned dairy giant Schreiber Foods holds 60 per cent stake in Schreiber Dynamix Dairies, which clocked a sales turnover of Rs 1,500 crore last financial year.
“Schreiber Dynamix Dairies is a profitable and debt-free company, clocking a CAGR of 10-15 per cent over the last five years,” Salamon said. He said India is a growing market with huge potential and the company’s total investment of over $100 million (about Rs 650 crore) in the past decade would help it cater to the growing demand.
“We are also continuing to explore further investment opportunities in the country,” Salamon said.
Inaugurating the Dryer facility, Mike Haddad, president & CEO at Schreiber Foods, USA, said, ”The new Dryer offers high quality and food safe products with breakthrough technology, fully controlled PLC, high end automation, improved operational efficiency, better process control and reliability.”
Through this plant, the brand would be able to expand its supply of high-quality and food safe nutritional powders in India and other parts of the world, he said.
Schreiber Dynamix, is one of India’s largest customer brand dairy company manufacturing value added products, including cheese, yogurts, juices, powders for leading food and beverage players like Abbott, Britannia, Coca Cola, Danone, D’lecta, Domino’s, Future group, Halewood Laboratories, Kraft, McDonald’s, Mother Dairy, Nestle, PepsiCo, PizzaHut, Subway, and Unilever, among others.
It has more than 300 SKUs (stock keeping units).
The company has a fully integrated network of 400 bulk coolers across various parts of western and southern India. At present Schreiber Dynamix, apart from its factory at Baramati in Maharashtra, also has facilities in Fazilka in Punjab and Kuppam in Andhra Pradesh to cater to those regions.
michaelgonsalves@mydigitalfc.com
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