Dairy firm Gyan to invest Rs 200 crore to expand footprint in UP, Bihar

Currently, it has over 100 distributors, 5,000 retailers, 21 exclusive company owned outlets

Lucknow-based growing dairy company Gyan, Monday announced it will invest Rs 200 crore to expand its footprint in eastern Uttar Pradesh and Bihar.

The company, which collects about a million litres of milk every day from 65,000 farmers spread across 6 districts in central Uttar Pradesh districts adjoining Lucknow, also unveiled its plans to set up its distribution network in Assam in the Northeast.

"We are targeting regions which have so far been left untouched by other dairy majors," company's Managing Director Jai Kumar Agarwal said.

Currently, the company has a network of over 100 distributors, 5,000 retailers and 21 exclusive company owned