Heritage Foods targets Rs 6,000 crore turnover by 2022

Heritage Foods Limited (HFL), backed by the family of Andhra Pradesh Chief Minister N Chandrababu Naidu, has said that it had set a target of Rs 6,000 crore turnover by 2022.

To mark its 25th year, the company announced that along with its core business vertical of milk, it aims to enhance contribution of value-added products from current 24 to 40 per cent in the next five years.

The company’s executive director Nara Brahmani said that the firm currently handles 14 lakh litres of milk per day and this will go up to 32 lakh litres per day by 2022.

Brahmani, daughter-in-law of Chandrababu Naidu, said Heritage Foods would achieve the target by both organic and inorganic growth.

The new brand identity was unveiled by Brahmani, Naidu’s wife Bhuvaneshwari, who is the vice-chairperson and managing director of HFL, and other top company executives of the company.

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