Bright Food Group Co Ltd, a leading food and dairy company in China, started building Asia's largest diary factory with a daily processing capacity of 2,000 tons, in East China's Shanghai on Monday.

With an investment of 1.4 billion yuan ($214.3 million), the factory is designed to process 2,000 tons daily of fresh milk, yogurt and other kinds of dairy products under the Bright Food Group Co brand. Its annual capacity is expected to reach 600,000 tons, said company president Guo Benheng.

The new factory will be put into operation in 2013. And its annual sales revenue is expected to reach 4.65 billion yuan ($710.3 million).

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