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Dairy firm Kwality Ltd on Thursday said it has commenced commercial production at its new unit at Softa plant, Haryana dedicated primarily for value added products. In a filing to the Bombay Stock Exchange, the company said, “Kwality begins commercial production at its new unit at Softa plant, Haryana which is being set-up primarily for manufacturing of value-added products such as flavoured milk, paneer, cheese, UHT milk, cream in tetra packs, table-butter, yoghurts, amongst others.”

The new unit, when fully operational, to have milk handling capacity of 0.9 Mn litres/day primarily for value-added products with total capital outlay of approx. Rs 400 crore, it added. With this unit, cumulative milk processing capacity of Kwality would reach 4.3 Mn litres/day across its 6 plants, it further said.

Commenting on the development, Kwality Ltd, President & Head Business Transformation, Nawal Sharma said, “This is a significant development, as we continue to shift towards B2C by shifting our product mix towards consumer-oriented products, primarily fresh and value-added products.” “We are moving in the right direction in sync with our business plans towards ne    w orbit of growth. This would enhance our profitability, strengthen our balance sheet and cash flows in the coming years,” he added. Meanwhile, shares of the company were trading at Rs 140.20 apiece, up 1.63 per cent, from previous close on BSE.