Modern Dairies-Think Health, Think Nutrition

Modern Dairies-Think Health, Think Nutrition
BSE 519287; CMP Rs 45

Karnal based Rs 400 crore Milk and Milk Products producer Modern Dairies has
obtained a funding committment of approximately Rs 60 crore from the
International Finance Corporation-Washington, which includes issuance of 46.50
lakh shares at a price of Rs 60 per share on a preferential basis and a $ 8.5 mn
debt. IFC-Washington has been one of the premier investors in India having
provided seed capital to large corporate houses like Hero Honda and Gujarat
Petronet.

Modern Dairies and the Milk Story

In India, dairying has been a way of life since ages. No wonder, India today
has emerged as the largest producer of milk in the world. With this rich legacy,
Modern Dairies was started in 1992 and over the years has constantly expanded in
terms of manufacturing infrastructure, volumes and product lines, to emerge as a
leading company in the dairy industry.

Good Health. Good Life. This phrase in its true essence speaks volumes about the
products we manufacture. Superior product quality and value, is what we deliver
everyday to our esteemed customers, ensuring the highest level of customer
satisfaction. Our unrelenting pursuit of excellence in all areas, an impetus on
research and development and the booming Indian economy have helped us transform
into a leading supplier of nutritional ingredients, private label products and
providers of custom processing services for the food industry.

Nulife - our brand of nutritional products has catapulted us into the orbit of
preferred suppliers in the domestic and global market. Over the past decade, the
nutraceutical industry has witnessed an unprecedented growth across the globe
and the Indian market is also finally evolving. Consumers are increasingly
becoming health conscious and accepting the need for dietary supplements, to
cope with the fast changing pace of life.

Nulife range of products includes a variety of milk proteins and specialty
ingredients, which find extensive use in bakery products, coffee whiteners,
health supplements, infant food, pharmaceuticals, nutritional beverages and
cheese. We are at the threshold of global opportunities and challenges and aim
at carving out a niche for ourselves in the Global Food and Health Space.

Top End Clientele
Within India: Glaxo Smithkline Consumer, Cadbury, Nestle India, Britannia,
Mother Dairy, Dominos Pizza, Pizza Hut, Coca Cola, Raptakos Brett, Hindustan
Lever.

Exports of Acid Casein, Whey Protein concenterates, Edible Lactose, Skimmed
Milk Powder, and Cheese to the USA, France, Germany, Italy and Poland, Ivory
Coast, Madagascar, UAE, Kuwait and Oman, China, Philippines and South Korea.

Ultra Modern Fully-Integrated State of the Art plant spread over a built up
area exceeding 200, 000 sq feet with Milk processing machines supplied by
Westfalia Separators Germany and Tetrapak Sweden, Edible Casein Unit supplied by
Westfalia Separators, Germany and Barr Rosin UK, Whey Handling Systems from
Westfalia Separators Germnay, Membrane Filteration unit from APV Denmark, and
WPC Evaporator and Dryer from Alfa Laval and Anhydro AS, Denmark.

Products include: Skimmed Milk Powder, Partially Skimmed Milk Powder, Full
Cream Milk Powder, Coffee Whiteners, Pasteurised Milk in Sachets of all
variants.

Different varieties of Cheese include Cheddar-Green, Aged and as per customer
specifications; Mozzarella-stretch, blisters and browning for supply to
International Pizza chains like Pizza Hut and McDonalds; Cottage Cheese- a
popular form of Acid coagulated milk used as a cuisine in millions of homes in
India.

Nutritional Ingredients include Edible Casein, Milk Protein Concenterates,
Whey Protein Concenterates and Lactose.

Milk Products include Butter and Pure Ghee.


Nothing in this article is, or should be construed as, investment advice.

Shakti