In order to treble its production capacity by the end of 2023, dairy giant Amul plans to invest up to Rs 800-1000 crore in its ice cream sector, according to GCMMF MD Jayen Mehta. Amul belongs to the Gujarat Cooperative Milk Marketing Federation (GCMMF).

Amul plans to set up 12-14 ice cream manufacturing units at a cost of Rs 800-1,000 crore, CNBCTv18 reported, citing Mehta.

Amul is planning to set up the new ice cream plants in multiple locations starting with Ujjain, Madhya Pradesh next month, followed by Taloja in Navi Mumbai, apart from expansion of the Surat plant, said Mehta.

"Amul plans to set up premium lounges for ice cream called Ice Lounge. Three of these are already in operation with two in Ahmedabad, Gujarat and one in Jaipur, Rajasthan. Another Ice Lounge will be set up in Mumbai by month-end. The company will set up one more Ice Lounge in Delhi, apart from 8-10 others. It also plans to set up one such lounge in Dubai,"Mehta added.