Swiggy appoints Sidharth Bhakoo as Chief Business Officer Food Marketplace
It currently supplies 2.5 lakh litres of milk in Maharashtra
Nandini Cheese by Nandini, the Co-operative milk brand of Karnataka Milk Federation (KMF) has now entered into the Maharashtra’s institutional markets – Hotel, Restaurants, Café (Horeca) industry and B2B sector in Maharashtra.
The cheese brand was launched recently in Mumbai in presence of KMF Managing Director BC Sateesh; Board Director Anand Kumar; Director (Marketing) MT Kulkarni.
It currently supplies 2.5 lakh litres of milk in Maharashtra.
KMF have a turnover of Rs. 15,000 crore in FY 2019 and plans to increase its sales to Rs. 25,000 crore in five years by scaling up its production of value added products. The federation aims to invest Rs. 100 crore every year on both green field and brown field expansion within Karnataka and elsewhere.
KMF’s current procures 86 lakh litres of milk which it wants to increase to 106 lakh litres in the next three years.
The federation has invested Rs. 500 crore on its expansion. KMF is looking to acquire an existing dairy plant in Maharashtra to serve its customers in Maharashtra.