Krishna Milk Union Clears ₹110 Cr Loan Early

The Krishna Milk Union has achieved a significant financial milestone by repaying a ₹110 crore bank loan taken for the construction of its Veeravalli dairy plant in Andhra Pradesh within just two-and-a-half years, well ahead of the original seven-year repayment schedule. Union Chairman Chalasani Anjaneyulu described the achievement as a record in loan repayment for the cooperative dairy sector.

The Veeravalli “Kamadhenu” dairy project, established to fulfill the long-standing aspirations of milk producers, was developed with an investment of ₹163 crore against the originally estimated cost of ₹185 crore. The fully automated facility currently has a milk processing capacity of 6 lakh litres per day, with provision to expand to 8 lakh litres per day in the future.

Anjaneyulu credited the rapid loan repayment to the support and commitment of dairy farmers associated with the cooperative. During a ceremony held at the Vijayawada milk factory premises, the chairman also announced that the facility has been named after former Andhra Pradesh Chief Minister N.T. Rama Rao and dedicated to the farming community and future generations. The achievement highlights the growing financial strength and operational efficiency of dairy cooperatives in India. (andhrajyothy.com)

Source: Dairynews7x7 19 June, 2026 Read full article here

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