Sri Vijaya Visakha Milk Producers Company Ltd (Visakha Dairy) was established in the year 1973 under Co-operative Societies Act and commissioned dairy plant at Akkireddipalem, Visakhapatnam with 50,000 LPD handling capacity in the year 1977.

With the introduction of MACS Act in 1995 by A.P State Government, Visakha Dairy was converted in to the said Act in the year 1999 and registered as ‘Sri Vijaya Visakha District Milk Producers Mutually Aided Cooperative Union Ltd'. With the enactment of Companies (Amendment) Act 2002, cooperative form of enterprises known as Producer Companies can be registered under Part IXA of the Companies Act 1956. To fulfil the growth aspirations while retaining cooperative ideology as core principles of governance, converted into Producer Company with effect from 06 Jan 2006 under the name and style of ‘Sri Vijaya Visakha Milk Producers Company Limited’.
Visakha Dairy is having procurement operations covering Costal Andhra districts, viz, Visakhapatnam, Vizianagaram, Srikakulam, East and West Godavari Districts and procuring about 7 lakh litres of milk per day from 2,60,699 milk producers thru 3734 collection centres.