Machinery worth Rs 100 m imported:
Maliban Milk Powder records 220 percent growth
Harshini Perera
|
Nalinda
Jayamanne |
The food and confectionery industry, especially milk powder had a
static growth due to inflation whereas Maliban Milk Powder recorded a
growth of 220 percent compared to last year’s sales, Maliban Milk
Products (Pvt) Ltd., Head of Sales and Marketing, Nalinda Jayamanne told
Daily News Business. Maliban Milk Products (Pvt) Ltd., has imported new
machinery to meet the consumer demand with an investment of over Rs. 100
million.
“The Government had to give duty concessions for milk powder to
stabilize milk powder prices. At present we have sachets of different
sizes to cater to the people’s needs. Hence sachet packets are in bigger
demand than those sold in bulk,” he said.
He said that using fresh milk instead of milk powder has become a
trend among people. The Government has taken steps to promote fresh
milk. Maliban Milk also expects to diversify to promote fresh milk
consumption. Maliban milk products will encourage dairy farmers to
improve productivity of fresh milk in Sri Lanka.
Maliban Milk has also introduced new products such as Maliban Milk
Vitagen, Maliban Milk 1+, Maliban Hi- Cal and Maliban Non-fat. |