A survey with a sample size of about 2,500 had "some surprising" results as some states reported no adulteration at all, which "I personally cannot believe", he said.
Mother Dairy said that they have increased farm prices by about Rs 2.5 – Rs 3 a kg over July and compared to last year the prices are up by Rs 5 - Rs 6 a kg.
Schreiber Dynamix currently has three manufacturing facilities in Baramati in Maharashtra, Fazilka in Punjab and Kuppam in Andhra Pradesh and deals with 1.6 million litres of milk on a daily basis.
Avvatar Absolute is claimed to be the first 100 per cent vegetarian whey protein made in India. It is made during the process of manufacturing cheese using fresh grass fed cow's milk.
Mother Dairy has bought an old plant in Nagpur and is spending Rs10-15 crore to revamp it. It is also setting up milk procurement facilities in the area that is estimated to cost around Rs 30 crore.
Company reported net sales of Rs 1441.22 crores up by 12.06 per cent for Q3FY16 as against Rs 1286.11 crores in the corresponding quarter of last year.