• Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us
Sixsense News
Advertisement
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
Sixsense News
No Result
View All Result
Home Business

Godrej Jersey expands milks procurement in Maharashtra

Vishwanath Kulkarni by Vishwanath Kulkarni
October 6, 2022
in Business
0


Godrej Jersey, the dairy business of Godrej Agrovet, has expanded milk procurement in Maharashtra and is eyeing export markets in the Middle East for value-added products like ghee.

“We have entered into Maharashtra for milk collection in a big way in areas closer to Hyderabad as there is a shortage of milk in Telangana” said Bhupendra Suri, CEO, Godrej Jersey.

Related articles

Evercore ISI upgrades says it’s time to buy WMT on improving traffic trends

March 30, 2023

Futures rise ahead of key inflation data as bank fears ebb By Reuters

March 30, 2023
Volumes to go up

“Now we have started collecting 80,000 litres a day. We were about 15,000 litres per day about one-and-half years ago. We have moved pretty fast and opened centres in Maharashtra,” he said, adding that the volumes are expected to go up.

Godrej Jersey, which operates about 10 milk processing units across the Southern states of Telangana, Andhra, Tamil Nadu and Karnataka, has one unit in Nagpur. The company handles a total of 6.5-7 lakh litres of milk per day, while it has a total installed milk processing capacity of 13 lakh litres.

Liquid milk sales account for 67 per cent of the company’s sales, while value-added products contribute the rest. Over the next few years, the company expects value-added products to contribute to around 40 per cent of the revenues, Suri said. The company has been focussing on increasing its production and sales of value-added products like the UHT and flavoured milk and ghee among other products. “We are investing in expanding the UHT milk production by investing ₹20 crore which will enhance our capacity by about four times,” he added.

Godrej Jersey is also exploring options to export value-added products such as ghee to overseas markets. “We are attempting to export ghee to markets like Maldives, Dubai and UAE among others. It is a great market and we are catering to the Indian diaspora in these markets that don’t produce ghee. The prices are much higher there,” Suri added.

SHARE

  • Copy link
  • Email
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • WhatsApp
  • Reddit

Published on October 6, 2022





Source link

Tags: expandsGodrejJerseyMaharashtramilksprocurement

Related Posts

Evercore ISI upgrades says it’s time to buy WMT on improving traffic trends

by Freddie Green
March 30, 2023
0

Evercore ISI thinks it's time for investors to consider scooping up shares of Walmart . Analyst Greg Melich upgraded the...

Futures rise ahead of key inflation data as bank fears ebb By Reuters

by Reuters
March 30, 2023
0

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City,...

H & M Hennes & Mauritz AB (publ) (HNNMY) Q1 2023 Earnings Call Transcript

by Freddie Green
March 30, 2023
0

H & M Hennes & Mauritz AB (publ) (OTCPK:HNNMY) Q1 2023 Earnings Conference Call March 30, 2023 3:00 AM ET...

Edelweiss Financial board clears Rs 1,500 crore fund raising via NCD

by zee business
March 30, 2023
0

The board in its meeting on Thursday cleared the proposal of raising of funds by way of public issue of...

Sharp decline in housing deals drives out agents

by Arik Mirovsky
March 30, 2023
0

The realtor sector in Israel is in deep crisis as the number of real estate deals being completed has...

Load More

Does the Insurer in California Have Any Liability When It Suggests or Recommends a Contractor for the Repair Work? | Property Insurance Coverage Law Blog

March 30, 2023

Swiss authorities reveal cost of Credit Suisse’s liquidity lifeline By Reuters

March 30, 2023

Petrofac, Hitachi Energy win €13B deal to expand offshore wind capacity (OTCMKTS:POFCF)

March 30, 2023

Evercore ISI upgrades says it’s time to buy WMT on improving traffic trends

March 30, 2023

Futures rise ahead of key inflation data as bank fears ebb By Reuters

March 30, 2023

Streaming device maker Roku to cut 200 jobs in second round of layoffs By Reuters

March 30, 2023
Sixsense News

© 2022 Sixsense News All Rights Reserved.

Navigate Site

  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • #3158 (no title)
  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Startups

© 2022 Sixsense News All Rights Reserved.