ITC plans to enter dairy sector

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July 29, 2012:  ITC  Ltd, one of the largest diversified business groups in India has decided to enter the dairy market with milk and milk-based products. The company plans to invest around Rs 400 crore to Rs 500 crore in this business.

They will initially launch animal husbandary as a CSR activity in their current plans. Later the company would utilise the milk produced from animal husbandry activity to sell to the market.