India, Jan. 24 -- The agreement was executed by Dr K Rathnam, CEO, Milky Mist, marking a significant step in the company's expansion plans beyond southern India

Milky Mist Dairy Food signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to set up a large-scale milk processing and dairy products manufacturing facility in the state. The MoU was signed at the ongoing World Economic Forum (WEF) Annual Meeting in Davos, in the presence of Maharashtra Chief Minister Devendra Fadnavis.

The agreement was executed by Dr K Rathnam, CEO, Milky Mist, marking a significant step in the company's expansion plans beyond southern India.

Under the MoU, Milky Mist will establish a 10 LLPD milk processing plant, expandable up to 25...