 "Parag Milk")
Parag Milk Foods' stock advanced 2.11% on Monday to Rs 118.75 after the company received an approval for the application made under the Product Linked Incentive (PLI) scheme - Category 1 of Mozzarella Cheese segment.
Parag Milk Foods, a manufacturer and marketer of dairy-based branded products in India, through the PLI application on June 15, 2021, had received an approval for sales-based incentive for mozzarella cheese product for the period 2021-27.
The PLI scheme is based on the strategy of 'Atmanirbhar Bharat - Strategies for enhancing India's manufacturing capabilities and enhancing exports in ten sectors', which had been approved by the Union
