Restaurant Franchise Opportunities

Growth Dec, 22 2014

Amul's turnover to reach Rs 22,000 crore in 2015

The company is witnessing a growth in all segments including milk and ice-cream. The company is also setting new plants in Gujarat, Haryana, Uttar Pradesh and West Bengal.

By Franchise India Bureau
Amul's turnover to reach Rs 22,000 crore in 2015

Amul, which manufactures milk and milk products under Gujrat based dairy major - GCMMF is expecting a 21 per cent rise in its early turnover by reaching Rs 22,000 crore in 2015, according to a PTI report.

“We are undertaking major expansion to increase milk processing capacity to 320 lakh litre per day from the current 230 lakh litre per day,” said, R S Sodhi, MD, GCMMF.

"We expect our turnover to reach about Rs 22,000 crore in the current fiscal from Rs 18,143 crore last year. The higher turnover is because of volume growth as there has been not much increase in prices," Sodhi told PTI.

In terms of percentage, he said the turnover growth would be lower than the 32 per cent achieved last year.

The company is witnessing a growth in all segments including milk and ice-cream. The company is also setting new plants in Gujarat, Haryana, Uttar Pradesh and West Bengal.

Related: Future Group to bet big on food business, targets Rs 20,000 crore revenue

Click Here to add Comment
Please add your Comment
Rating
NEWSLETTER SIGNUP

Submit your email address to receive the latest updates on news & host of opportunities.

Most

Video

Magazines & Books

Read the latest franchising magazines and books to get comprehensive and up-to-date information on leading franchise systems, trends and more.

BOS
Recommended For You
Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Restaurant India

Copyright © 2009 - 2016 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.