Amul maker GCMMF to invest Rs 10,000 crore in 10–12 new plants for dairy, ice cream and food products over 2–3 years. The move aims to support its Rs 1 lakh crore turnover target, boost capacity, and leverage GST-driven demand growth, following nearly Rs 11,000 crore deployed since 2023.

Gujarat Co-operative Milk Marketing Federation (GCMMF), best known for its Amul brand, will invest ₹10,000 crore in milk and food processing over the next two-three years, MD Jayen Mehta told FE......