Leading dairy retail chain Mother Dairy has announced a voluntary retirement scheme (VRS) for employees working at one of its plants in NCR in order to boost operational efficiencies. Eligible employees can get a maximum benefit of up to Rs 20 lakh under this scheme.
Mother Dairy has more than 3,000 employees and nine units involved in the processing and manufacturing of milk and milk products, in addition to four units in the horticulture division.
A Mother Dairy Fruit & Vegetable Pvt Ltd’s (MDFVPL) spokesperson said, “We have initiated a Voluntary Separation Scheme, wherein we are offering a voluntary option to our employees.”
The scheme entails benefits that are best amongst the industry, the spokesperson said, adding that interested employees can opt for the same until May 31, 2021.
“This initiative is similar to the schemes usually undertaken by various public-sector and private-sector institutions, which is aimed at bringing in organizational and operational efficiencies to further serve the strategic business growth objective of MDFVPL,” the spokesperson added.
Mother Dairy, which sells over 30 lakh liters of milk per day in Delhi-NCR, registered a turnover of Rs 10,500 crore in FY20.
The new UHT pack caters to this demand, offering a perfect blend of organic benefits and a commitment to delivering top-quality milk to consumers.
The hike is a result of a substantial rise in the various input factor costs for the A2 buffalo milk production and operations over the last few months.
The company is launching flavored milk products under the brand name of 'Smoodh'.
To expand milk processing facilities in Maharashtra and AP.
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