StoryManufacturing
Perfect Day and Zydus LifeSciences establish joint venture for India's first precision fermentation dairy facility
Perfect Day and Zydus LifeSciences finalized a 50-50 joint venture to build a precision fermentation facility for dairy proteins in Gujarat, India. Zydus acquired 50% of Sterling Biotech for approximately $66 million. The facility is designed to produce 2,000 metric tonnes annually initially, with capacity expanding to 3,500 tonnes by 2028.
- World's first manufacturing plant dedicated exclusively to precision fermentation-based dairy protein
- Located in Bharuch/Vadodara, Gujarat, spanning 27 acres
- Expected to begin operations in late 2026 with controlled ramp-up through 2027; first commercial deliveries targeting Q1 2027