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Heritage Foods signs MoU with banks to provide dairy loans to farmers

12 Sep 2019 Evaluate

Heritage Foods has signed Memorandum of Understanding (MoU) with State Bank of India, Bank of Baroda and Indian Bank to provide dairy loans to farmers through the lender's branches across the country. The company ensures procurement of entire milk produced under this financing facility, which ensures regular income for farmers and gives good comfort for the banks to fund farmers.

Heritage Foods (India) operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharastra and has retail stores across Bangalore, Chennai and Hyderabad.

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