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Heritage Foods

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Heritage Foods announces 50:50 JV with French company Novandie

August 18, 2017 |by indiafood forum | Comments Off on Heritage Foods announces 50:50 JV with French company Novandie | FOOD SERVICE | , ,

The joint venture will set up a Greenfield plant with a capacity of 20 tons per day at an investment of Rs 16 crore for the first plant, which is expected to be operational by 2018…READ MORE

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Heritage Foods forays into Punjab

June 15, 2017 |by indiafood forum | Comments Off on Heritage Foods forays into Punjab | FOOD & GROCERY | ,

Reliance Retail’s dairy business had pan-India presence, with 60 per cent centered around the states of Delhi, Punjab, Haryana, Rajasthan and Himachal Pradesh…READ MORE

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Heritage Foods to add five more milk processing units

May 3, 2017 |by indiafood forum | Comments Off on Heritage Foods to add five more milk processing units | FOOD SERVICE | ,

The company is looking to increase the capacities of existing 14 plants, which together have a milk processing capacity of nearly 19 lakh litres of milk a day…READ MORE

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Heritage Foods to add five more milk processing units

April 27, 2017 |by indiafood forum | Comments Off on Heritage Foods to add five more milk processing units | FOOD SERVICE | ,

Andhra Pradesh Chief Minister N Chandrababu Naidu-founded dairy and retail firm Heritage Foods plans to add five more milk processing plants in the next five years, at an investment of Rs 150 crore as part of its strategy to achieve $1-billion turnover by 2022…READ MORE

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Private dairies adopt small format parlours model, eyeing better margins

January 5, 2017 |by indiafood forum | Comments Off on Private dairies adopt small format parlours model, eyeing better margins | FOOD & GROCERY | ,

Heritage Foods, which currently has around 1,600 milk parlours, is currently reporting sales of about Rs 7,000 a day per parlour…READ MORE

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Future Group in talks to buy Heritage Foods’ retail division

September 19, 2016 |by indiafood forum | Comments Off on Future Group in talks to buy Heritage Foods’ retail division | FOOD & GROCERY | , , ,

Future Group is in advanced talks to acquire the retail business of Heritage Foods, a deal that would give Kishore Biyani sway over a network of more than 100 grocery outlets in Hyderabad, Chennai and Bengaluru, according to people aware of the development…READ MORE

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Heritage Foods makes for a good bite

August 29, 2016 |by indiafood forum | Comments Off on Heritage Foods makes for a good bite | FOOD & GROCERY | ,

Heritage Food offers a proxy play to the growing demand of packaged milk and milk products in the country fuelled by increasing urbanisation. The company has seen sustained financial performance and has bright growth prospects. An expected turnaround in its retail business will be an additional trigger for the stock which has given 80% returns in the last one year…READ MORE

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