8/13/2019 Tetra Pack Launch

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8/13/2019 Tetra Pack Launch

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TirumalaourBurcau

Hlderabad,Dec 14TirumalaDairv, he secondIargestprivatedairy player nSouti ndi4 ssewing pplansto setdp thecountrYsargestintegated dairy with ar in-vestment f over Rs 5,000croren thenext hree o fouryears.Global private equity fumCarlyle, hichhadpicked pa20percentstaken the comPa-nv or Rs tO croreeariier hisy ar, is likely o put in fieshinvestrnentsn TirumalaDairy,as t beglnso executehe ex-pansion lan.Carlylewill alsoassNt he company o mrsefundsthroughothet ovemeassoutcs.Foundedy agroupof ruralentrepreneursrom Gunfurdist ctof Andhra radesh,i-rumaiaDairy s todayar Rs1,200-crQreompany y salesandaiming ta urnover f Rs2,000 rore n the next hree

Plannlno or fuutte ActorSnehaaunchingheThifumalatffi;A;;;6;"d milk n Hvderabadr wednesdavMr Bei;h;" N;ii" ileft),Manaqinq-oirector'hirurnalaairyandf,, l i f l".ant Krashak,irector'etraPak Soulh sia) realsoseen. P-V. ivakumar

Mr Naidu said tie invest-mentofRs5,000 rorewill bemet through a debt-equitYfundingof80:20.Mr ShanlarNaraYanan,a-nasinqDirectorof Cariyien-dii;aid the PE frrm ha dconvevedtsuiilingless o tn-vest urther n the dairy irm'apankom usisting t to raisefundsromoverseasgenctesomitmitra@thehindu.co.in

integratedProject n APiectnea-r inukondanGunturiistrict." Mr B. Brahma aidutoldmediapersonsThe companYn wednes-dav lar-rnchedts ProducsnTetraPair ackagesheProd-uctwas aunchedY ilmactorSneha.Tiruma-larcduces rldmar-ketsa wide range f brandeddairv products hat 'ncluoepastiuiised milk, Indian stylevozurt,buner, ce creanandi:tier dairy derivativeProd-ucls.

vears.t sellsabout12 akh itresofmilk a daydrough is variousDackingstationsand dairyplants n AndhraPradesh, a-mil NaduandKamataka,c-counting or a 10 Per centmarketsharenthis region.

"The integrateddairy Pro_-iectwiu haveover 20,000bui-ialos rdcows,milkprocessirgcenteand milkproducts nit,alongwithcaptiveowerPro-ject.We have lready cquired2,900 cres fland or thePro-

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