Mother Dairy is inclined to acquire 15 per cent progress in turnover this fiscal to larger than ₹17,000 crore on sturdy demand for its meals merchandise and development of producing functionality along with distribution group.
Other than up to date milk and completely different dairy merchandise, Mother Dairy sells edible oils under ‘Dhara’ mannequin and horticulture (up to date and frozen fruits & greens) objects under ‘Safal’ mannequin. It’s the primary milk supplier in Delhi-NCR.
In an interview with PTI, Mother Dairy Managing Director Manish Bandlish well-known that fiscal 12 months 2024-25 marks a momentous milestone for the company as a result of it achieved fiftieth 12 months of inception.
“We’re poised to conclude the 12 months with a formidable progress of roughly 15 per cent, reaching a turnover exceeding ₹17,000 crore,” Bandlish talked about.
In 2023-24, Mother Dairy had achieved a turnover of ₹15,037 crore. Dairy enterprise contributed about 75 per cent to your entire annual revenue.
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“This sturdy effectivity is a testament to our strategic initiatives — growing our nationwide presence previous Delhi-NCR, strengthening our attain by new-age distribution channels, scaling up manufacturing capacities, and enriching our portfolio with thrilling new product launches to work together and delight buyers,” Bandlish talked about.
For functionality development, Mother Dairy is establishing a mega milk processing plant in Nagpur, Maharashtra with an estimated funding of over ₹500 crore. This new facility is predicted to be commissioned by 2026 and might serve the markets of central and southern areas.
In horticulture enterprise, Mother Dairy laid foundation stone for two built-in fruits & greens processing companies — one in Itola, Vadodara, Gujarat and the alternative in Chittoor District, Andhra Pradesh.
The two greenfield vegetation, which is likely to be operated under ‘Safal’ mannequin, are being established with an estimated cumulative outlay of over ₹350 crore.
The companies will produce pulp and concentrates for a variety of merchandise, along with tomato and quite a few fruits akin to mango, guava, banana, and pomegranate, along with producing frozen french fries for house and worldwide markets.
All through the current fiscal 12 months, Mother Dairy has launched larger than 30 new merchandise all through completely different courses.
Mother Dairy was commissioned in 1974. It’s now a wholly-owned subsidiary of the Nationwide Dairy Enchancment Board (NDDB). It was established under the initiative of ‘Operation Flood’, the world’s biggest dairy enchancment program launched to make India a milk-sufficient nation.
Mother Dairy has 9 company-owned milk processing vegetation and 4 companies for horticulture enterprise. The company has 16 associated vegetation for edible oils.
Mother Dairy moreover has entered into bread and bakery part.