Mom Dairy is prone to obtain 15 per cent progress in turnover this fiscal to greater than ₹17,000 crore on sturdy demand for its meals merchandise and growth of manufacturing capability in addition to distribution community.
Apart from contemporary milk and different dairy merchandise, Mom Dairy sells edible oils below ‘Dhara’ model and horticulture (contemporary and frozen fruits & greens) objects below ‘Safal’ model. It’s the main milk provider in Delhi-NCR.
In an interview with PTI, Mom 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 formidable progress of roughly 15 per cent, reaching a turnover exceeding ₹17,000 crore,” Bandlish mentioned.
In 2023-24, Mom Dairy had achieved a turnover of ₹15,037 crore. Dairy enterprise contributed about 75 per cent to the entire annual income.
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“This sturdy efficiency is a testomony to our strategic initiatives — increasing our nationwide presence past Delhi-NCR, strengthening our attain by 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 growth, Mom 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 can serve the markets of central and southern areas.
In horticulture enterprise, Mom Dairy laid basis stone for 2 built-in fruits & greens processing services — one in Itola, Vadodara, Gujarat and the opposite in Chittoor District, Andhra Pradesh.
The 2 greenfield vegetation, which might be operated below ‘Safal’ model, are being established with an estimated cumulative outlay of over ₹350 crore.
The services will produce pulp and concentrates for a wide range of merchandise, together with tomato and numerous fruits akin to mango, guava, banana, and pomegranate, together with producing frozen french fries for home and worldwide markets.
Throughout the present fiscal 12 months, Mom Dairy has launched greater than 30 new merchandise throughout different classes.
Mom Dairy was commissioned in 1974. It’s now a wholly-owned subsidiary of the Nationwide Dairy Improvement Board (NDDB). It was established below the initiative of ‘Operation Flood’, the world’s greatest dairy improvement program launched to make India a milk-sufficient nation.
Mom Dairy has 9 company-owned milk processing vegetation and 4 services for horticulture enterprise. The corporate has 16 related vegetation for edible oils.
Mom Dairy additionally has entered into bread and bakery section.
