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Wednesday / June 26. 2024
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 Company plans to expand its operations by establishing new branches in Karnataka, Tamil Nadu, Maharashtra, Andhra Pradesh, and Telangana.

Godrej Capital, the financial services arm of Godrej Industries announced that it has launched dairy farm loans in strategic partnership with Creamline Dairy Products and Dvara E-Dairy. The company will provide financial assistance to small dairy farm owners across Maharashtra and South India. Creamline Dairy Products is a subsidiary of Godrej Agrovet (GAVL), which sells products under the brand name Godrej Jersey.

Godrej Capital is also looking to capture a significant market share of MSME lending in the southern states. Building on its momentum from the previous year, the company is looking to expand its operations by establishing new branches in Karnataka, Tamil Nadu, Maharashtra, Andhra Pradesh, and Telangana.

Manish Shah, Managing Director and CEO, Godrej Capital, said “The disbursement of the first loan in Krishnagiri district marks just the beginning, as we actively seek to engage the dairy industry in other regions of TN and extend our support to farmers in AP, Telangana, Karnataka, and Maharashtra.”

Despite its limitations, the dairy sector remains a key contributor to agrarian economy, supporting the livelihoods of 80 million farmers. Accounting for 70 per cent of the total cost of milk, feeding is the single most crucial aspect of healthy dairying and is the biggest factor influencing the milk productivity of cattle.

Bhupendra Suri, Chief Executive Officer, Godrej Jersey said ,“With access to quality feed being a key for the dairy farmers, the partnership will enable them to get easy access to finance for their feed and other farming needs. Leveraging this platform, farmers can increase cattle population and strive for higher productivity and better prosperity.”

“The arrangement will bring doorstep access to financial services, empowering dairy farmers to increase milk yield, meet their working capital requirements and make informed financial decisions”, Ravi KA, Managing Director, Dvara E-Dairy said.

 Company plans to expand its operations by

Rallis India is currently exporting to 50 countries with key markets across Europe, Asia, Middle East, Americas, Africa and Oceania.

Rallis India Limited has been conferred with the Bronze Award at the 47th Chemexcil Exports Awards organised by the Chemicals Export Promotion Council (Chemexcil) for its export performance in the category of large-scale manufacturers for 2018-19. The award ceremony was held in Mumbai earlier this week.

The award recognizes Rallis India’s performance in the chemical export industry and its significant contribution to the Indian economy. Anupriya Patel, Union Minister of State for Commerce and Industry presented the award to Rallis India.

Sanjiv Lal, Managing Director and CEO of Rallis, said, “In the coming years, our focus on exports will continue to increase. India is positioned to become a leading exporter of agrochemicals. With many products going off-patent, India has an opportunity to take the lead with production of crop protection products. Our focus on quality has helped us become a trusted partner for many international players. It is gratifying to see the work of our team being recognized.”

Rallis India is currently exporting to 50 countries with key markets across Europe, Asia, Middle East, Americas, Africa and Oceania. The company has been focusing on investing in registration to enhance export revenue from existing as well as new markets.

Chemexcil is a statutory body set up by the Government of India to promote and develop the export of chemicals and allied products from India. The council has been instrumental in promoting Indian chemicals and allied products globally, and the awards instituted by Chemexcil are highly prestigious in the Indian chemical export industry.

Rallis India is currently exporting to 50