Namdhari’s to invest ₹50 crore in Hyderabad
The Hindu
Bengaluru-based firm keen on expanding footprint
Bengaluru-based Namdhari’s Group, which starting as a seed producer has emerged as a leader in sustainable farming, retail and food business, plans to invest ₹50 crore to expand footprint in Hyderabad.
“We plan to expand our footprint and concentrate on this city with an investment of around ₹50 crore over the next 24 months. We will be setting up growing facilities, standalone Simpli food stores and planning dairy subscriptions for direct supply of single origin fresh A2 and organic milk and dairy products,” CEO Gurmukh Roopra said.
Through its seed division Namdhari Seeds, the group has presence in Telangana. Also, it is one of the largest B2B suppliers for quick service restaurants (QSRs) in Hyderabad. “We are not strangers to the Hyderabad market... our aim is to bring high quality produce to general public through [retail stores and restaurants] facilities,” Mr. Roopra said during a virtual media interaction.