Mother Dairy is probably going to obtain 15 per cent development in turnover this fiscal to greater than ₹17,000 crore on robust demand for its meals merchandise and enlargement of manufacturing capability in addition to distribution community.
In addition to contemporary milk and different dairy merchandise, Mother Dairy sells edible oils below ‘Dhara’ model and horticulture (contemporary and frozen fruits & greens) gadgets below ‘Safal’ model. It’s the main milk provider in Delhi-NCR.
In an interview with PTI, Mother Dairy Managing Director Manish Bandlish famous that fiscal 12 months 2024-25 marks a momentous milestone for the corporate because it accomplished fiftieth 12 months of inception.
“We’re poised to conclude the 12 months with a powerful development of roughly 15 per cent, attaining a turnover exceeding ₹17,000 crore,” Bandlish mentioned.
In 2023-24, Mother Dairy had achieved a turnover of ₹15,037 crore. Dairy enterprise contributed about 75 per cent to the entire annual income.
- Additionally learn: Mother Dairy posts web revenue of ₹106 crore in FY24, income up 3 per cent
“This robust efficiency is a testomony to our strategic initiatives — increasing our nationwide presence past Delhi-NCR, strengthening our attain by way of new-age distribution channels, scaling up manufacturing capacities, and enriching our portfolio with thrilling new product launches to interact and delight shoppers,” Bandlish mentioned.
For capability enlargement, Mother Dairy is establishing a mega milk processing plant in Nagpur, Maharashtra with an estimated funding of over ₹500 crore. This new facility is anticipated to be commissioned by 2026 and can serve the markets of central and southern areas.
In horticulture enterprise, Mother Dairy laid basis stone for 2 built-in fruits & greens processing amenities — one in Itola, Vadodara, Gujarat and the opposite in Chittoor District, Andhra Pradesh.
The 2 greenfield crops, which will probably be operated below ‘Safal’ model, are being established with an estimated cumulative outlay of over ₹350 crore.
The amenities will produce pulp and concentrates for quite a lot of merchandise, together with tomato and varied fruits equivalent to mango, guava, banana, and pomegranate, together with producing frozen french fries for home and worldwide markets.
Throughout the present fiscal 12 months, Mother Dairy has launched greater than 30 new merchandise throughout diversified classes.
Mother Dairy was commissioned in 1974. It’s now a wholly-owned subsidiary of the Nationwide Dairy Growth Board (NDDB). It was established below the initiative of ‘Operation Flood’, the world’s largest dairy improvement program launched to make India a milk-sufficient nation.
Mother Dairy has 9 company-owned milk processing crops and 4 amenities for horticulture enterprise. The corporate has 16 related crops for edible oils.
Mother Dairy additionally has entered into bread and bakery section.
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