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Parag Milk gets board nod to double cheese capacity at Rs 105 crore investment

Parag Milk Foods said it has received the board’s approval for doubling the cheese manufacturing capacity to 120 tonne per day with an estimated investment of Rs 105 crore.

The expansion is likely to be completed by FY28, it said in a statement.

Parag Milk Foods has built a strong presence in the cheese segment through its flagship Go Cheese brand, which commands around 35% market share, according to the company. It also supplies cheese products to institutional customers, including hotels, restaurants and catering businesses, besides selling through general trade, modern trade, e-commerce, and quick-commerce channels.

The company’s Go Cheese portfolio includes mozzarella, processed cheese, cheddar, cheese slices, spreads, cheese cubes, cheese sauces, cream cheese, pizza cheese and speciality cheese products for retail and food-service customers.

According to IMARC Group, the Indian cheese market is projected to grow from around ₹12,900 crore in 2025 to approximately ₹62,000 crore by 2034, driven by rising urbanisation, changing food preferences and the expansion of organised food-service channels.

“Cheese is one of the key growth drivers for Parag Milk Foods and a strategic pillar of our value-added products portfolio. This board approval marks another important step in our phased roadmap towards 120 MT per day and reflects our confidence in the long-term potential of the category,” Rahul Kumar Srivastava, Chief Operating Officer, Parag Milk Foods, said.

“The additional capacity will enhance manufacturing efficiency, strengthen our ability to meet growing customer demand and support future product innovation,” he added.

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