SBI, Tirumala Milk Products tie up for providing loans to dairy farmers
Posted on:19 Jun 2017 09:21:09
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19 June 2017 Current Affairs:
State Bank of India (SBI) to tie-up with Tirumala Milk Products, a South- based company to provide loans to dairy farmers who supply milk to the latter.
France-based Groupe Lactalis, which also acquired Indore-based Anik Dairy in 2016, wants to double the number of dairy farmers under its fold to three lakh and ramp up the amount of milk it procures daily to 25 lakh litres by 2020 from 14 lakh litres now.
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