Ananda Plans 10 Crore Investment in UP
Ananda, a dairy and dairy products manufacturer installed two company owned, company operated (COCO) retails in Kanpur, Uttar Pradesh.
The company is currently targeting launching about 150 stores in the city by FY 2018-19 with an investment of over Rs 10 crore to deliver quality dairy and dairy products to a larger customer base.
The investment comes as a portion of an earlier pledge of Rs 500 crore to invest in the state made during the UP Investors Summit 2018. At the moment, Ananda boasts a total of six outlets in Kanpur excluding the two COCO stores launched yesterday in Ashok Nagar and MP Mill Sarvodaya Nagar.
"The launch of these two stores today is a step closer to our goal to offer readily available healthy and nutritious products to our consumers. We see a huge potential...