Heritage Foods has reportedly set aside a capex of Rs 100 crore for enhancing its back-end processes and servicing the trade. Being a private dairy company, the company seeking acquisitions and these would be potential candidates with expertise in quality management systems and technology.
Moreover, the company is planning to its franchise-led retail formats under Heritage Parlours to new markets like the North where it did not have presence in the past.
Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.
