The Dempo Dairy Industries Limited, a sick unit Under the BIFR with a dairy at Aasangi, was taken over by KMF in 1993 under financial assistance from NDDB and GOK. The Plant is today an ISO-2000 certified plant. 
 
The Dairy has a Powder Plant with a capacity of drying 1.0 Lakh litres per day. The plant mainly produces Butter, Skimmed Milk Powder and Ghee.
 

Apart from selling the products under the Nandini brand, it still sells products under the brand name Bounce (of the erstwhile Dempo Dairy Industries Ltd.) in Goa and Bombay.

Recently started selling milk under 'Bounce' brand name at Goa.