Mother Dairy eyes Rs10,000 crore turnover in 3 years - News Summed Up

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Mother Dairy eyes Rs10,000 crore turnover in 3 years


Mother Dairy, which supplies about 30 lakh litres of milk in the national capital region has posted a turnover of Rs.7,186 crore during last fiscalA file photo of a Mother Dairy milk van. Mother Dairy is also exploring new markets for its dairy and other milk products and expanding its product portfolio with new launches. Photo: MintNew Delhi: Leading milk supplier Mother Dairy is eyeing to cross Rs.10,000 crore turnover mark in next three years on rising demand for dairy products as well as fresh and processed fruits and vegetables. Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board (NDDB), has diversified portfolio with presence in dairy products, edible oil, fruits and vegetables (fresh as well as frozen) and pulses. “We are aiming for more than Rs.10,000 crore turnover by the end of FY19 with expected rise in sales across all the segments,” Mother Dairy MD S. Nagarajan told PTI.


Source: Mint May 15, 2016 10:48 UTC



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