While it will invest Rs 150 crore for the five lakh litre per day milk plant, Rs 25 crore will be spent for the central distribution facility, said NDDB Chairman Dilip Rath.
The letter specifically points out to areas including front entrance, rear entrance, terraces, other approved services areas that need cover in the monsoons.
The FMCG major had last month acquired two South Africa-based firms D&A Cosmetics Proprietary and Atlanta Body & Health Products Proprietary through its subsidiary.
The firm has also been receiving investor interest from global strategic players and family offices and is likely to close a larger round of investment by FY19-end.