Fonterra invests Rs. 1.2 b for yoghurt plant
Fonterra Brands Lanka has invested Rupees 1.2
billion on their new project to expand the yoghurt manufacturing
capacity and treble its supply of raw milk.
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Nestle to top Rs. 1 billion in local milk purchases
Nestle hopes to pass the Rs. one billion mark in
local milk purchases this year Managing Director Nestle Lanka
Limited, Stewart Young said. He said last year they had purchased 35
million litres of milk from over 550 farmers and this year they
would pass the 36 billion mark in milk purchases.
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Lanka helps Tata Communications compete with global giants
Doing business in emerging markets like Sri
Lanka has helped them in competing with the global giants in the
developed markets, VSNL Managing Director and Group CEO Tata
Communications N. Srinath said.
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