Two years after Britannia Industries signed a joint venture with Bel Group, the joint venture (JV) has inaugurated its cheese factory in India in Ranjangaon, Maharashtra. This factory, which has seen an investment of ₹220 crore from the JV, will produce Britannia The Laughing Cow products.
The new Greenfield factory is integrated within Britannia’s existing dairy production facility. It has a current capacity of being able to produce 6,000 tons of natural cheese varieties like cheddar and mozzarella a year, and 10,000 tons of processed cheese products a year, like cheese slices, cubes, blocks, etc.
The plant produces nearly 4 lakh liters of cow's milk daily from over 3,000 farmers in Pune and surrounding areas.
Britannia and Bel Foods entered into a joint venture in December 2022. Bel acquired a 49% stake in Britannia’s wholly owned subsidiary, Britannia Dairy Private Limited, which was then renamed as Britannia Bel Foods Private Ltd.