Public limited company () | |
Industry | Dairy, Retailing, and Agribusiness |
Founded | 1992 |
Headquarters | Hyderabad, India |
Key people
|
Smt N.Brahmani (Executive Director) Sambasiva Rao (President) |
Revenue | $300 million USD (in 2014 -15) |
Number of employees
|
3000+ |
Website | www.heritagefoods.in |
Heritage Foods Limited (commonly known as Heritage) is one of the largest private sector dairy enterprises in Southern India. The company is also a leading food and grocery retailer under the brand "Heritage Fresh".
The Heritage Group was founded in 1992 by Telugu Desam Party leader and current Chief Minister of Andhra Pradesh Shri Nara Chandrababu Naidu, with three-business divisions viz., Dairy, Retail and Agri under its flagship Company Heritage Foods Limited (HFL), one infrastructure subsidiary - Heritage Infra Developers Limited and other associate Companies viz., Heritage Finlease Limited, Heritage International Limited and Heritage Agro Merine Private Limited. The annual turnover has crossed $200 million USD during FY 2008'09.
Presently Heritage’s milk products have market presence in Telangana, Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharashtra and its retail stores across Bangalore, Chennai and Hyderabad. Integrated agri operations are in Chittoor and Medak Districts and these are backbone to retail operations.
In the year 1994, HFL went to Public Issue to raise resources, which was oversubscribed 54 times and its shares are listed under B1 Category on BSE (Stock Code: 519552) and NSE (Stock Code: HERITGFOOD)
Heritage Foods has its headquarters in Hyderabad, Telangana, India.
Heritage by choosing Chittoor district of Andhra Pradesh as its primary procurement base of milk, had taken full advantage of the large, high yielding and cross-bred cow population found in the area.
Today Heritage has network in the states of Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Maharashtra and Delhi for procurement and distribution of quality milk and milk products. Heritage products are also distributed in the state of Kerala. Heritage has drawn plans to be a pan-India player in the dairy.