The project is expected to be one of the first major industrial investments to take shape in the state under the new government.
The proposal was discussed during a high-level meeting organized by the state’s Industry Department, where officials agreed to provide approximately 13 acres of land for the project.
The move marks the second price revision by both dairy cooperatives in the last 13 months and is likely to trigger similar hikes by regional dairy companies.
The federation reported an 11% increase over the previous year’s base of US$9.71 billion (Rs 90,000 crore).
The new facilities are designed to improve bovine genetics