Heritage Foods To Start 5 More Milk Processing Plants

Heritage Foods To Start 5 More Milk Processing Plants


South India's one of the leading dairy companies, Heritage Foods has entered the northern region with the launch of its milk and milk products.

To achieve its mission of reaching Rs. 6000 crore revenues by end of 2022, Heritage is going to start 5 more milk processing plants in the next 5 years, the company said. To achieve this, Heritage said, they will ramp up its current volume of 14 lakhs litres of milk per day to 28 lakh litres.

This growth is aided by recent acquisition of Reliance Dairy’s brands, Dairy Life and Dairy Pure in North India. By entering the northern market the brand said the milk supplied in Delhi will be collected from farmers located just 5 hours away; thereby ensuring freshness and a consistent flow of good quality milk.

Brahmani Nara, Executive Director, Heritage Foods, said, "We are very happy to foray into Delhi and other states in the North and we would like to repeat the same success we have had in other markets where Heritage is a trusted brand.




Comments

Post a Comment

Popular posts from this blog

Jubilant FoodWorks Joint Ventures With Golden Harvest

Image
Jubilant FoodWorks Joint Ventures With Golden Harvest Jubilant FoodWorks Limited, one of the India’s largest food service companies, recently announced its joint venture with Golden Harvest QSR Limited to launch Domino’s Pizza in Bangladesh. Post investment in JV, Jubilant FoodWorks will be the major shareholder in the joint venture entity ‘Jubilant Golden Harvest Limited’. Speaking on the announcement Mr. Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited said, “Today’s announcement marks a significant step in our journey of international expansion. As one of the fastest growing economies, we believe that Bangladesh offers huge potential for Domino’s. We are delighted to partner with the Golden Harvest group to introduce Domino’s pizza in Bangladesh.” According to Mr. Rajeeb Samdani, Managing Director of Golden Harvest Group, “We are excited to collaborate with Jubilant FoodWorks to bring the world renowned and iconic Domino’s Pizza
Read more

Online Grocery BigBasket To Go Offline Post Alibaba Investment

Image
Online Grocery BigBasket To Go Offline Post Alibaba Investment Following an investment by the Chinese e-commerce giant Alibaba, Online grocer BigBasket is keen to go beyond its online-only model so as to counter the recent venture of Amazon and Flipkart into the offline business. The Bengaluru-based company is looking to supplement its core online business with offline kiosks that will stock daily groceries, fast-moving consumer goods, fruits and vegetables. These kiosks will be installed across various apartments and office complexes. BigBasket has already started a pilot for the new service with a separate app called BB Instant. To get users into increasing their purchasing frequency, it is also considering starting a subscription service for essential items like milk and bread, among others. BigBasket recently closed a $300 million financing round led by Alibaba. Hari Menon, founder and CEO, BigBasket said they were looking to scale up their offline kiosks into thousands
Read more