The grant will accelerate the deployment of technology for capturing biogenic carbon dioxide.
The investment reinforces Christchurch’s position as a key centre for New Zealand dairy manufacturing and supports the long-term growth of the Canterbury food and beverage sector.
The first plant is targeted to become operational by Q4 2027, with subsequent projects expected to be developed by 2029.
Its inauguration was attended by Maharashtra Chief Minister Devendra Fadnavis, alongside senior state government officials and TMICC executives.
Figures presented by PIISAH sector coordinator Souaibou Djimoni showed that between 2024 and 2025, domestic fish and milk production increased by only about 1% to 2%.