Fonterra signs MoU with IFFCO on dairy farm in India
November 17, 2010 11:33 pm
Fonterra Co-operative Group, the Indian Farmers Fertiliser
Co-operative (IFFCO) and Global Dairy Health recently signed a Memorandum of
Understanding to jointly conduct a feasibility study into a pilot dairy farm in
Fonterra CEO Andrew Ferrier, IFFCO Joint Managing Director
Rakesh Kapur, and Global Dairy Health (GDH) Director Paresh Chaudhry signed the
The ongoing feasibility study would firm up key parameters of the project and is expected to be completed shortly.
If it were to proceed, in phase one, the pilot farm could have a herd size of around 3,000-5,000 cows.
Mr. Ferrier said the approach would be similar to that taken
by Fonterra in
Mr Kapur said: “We are delighted to partner with a reputable dairy leader like Fonterra. The synergy of
two large co-operatives and dairy experts will help position
Mr Chaudhry said “GDH was excited by the move which
complemented GDH’s vision to establish state of the art integrated dairy farms.
The consortium will help to bridge the vast production gap of high quality,
safe milk that will provide high protein diet to the young and growing
About Fonterra: Fonterra is a global leader in dairy
nutrition – the preferred supplier of dairy ingredients to many of the world’s
leading food companies. Fonterra is also a market leader with our own consumer
dairy brands in Australia/New Zealand, Asia/Africa, Middle East and
About IFFCO: IFFCO is a Multi-State Co-operative Society
with more than 39,500 farmers’ co-operatives and over 50 million farmers as
members. IFFCO is the world’s largest fertiliser manufacturer in the
co-operative sector. IFFCO has diversified into other sectors such as non-life
insurance, power generation, distribution of rural mobile telephony services
with a number of joint ventures. IFFCO is setting up a Special Economic Zone
About GDH: GDH is an organisation established by globally renowned individuals with proven credentials and expertise in the food and agribusiness domain to develop a global franchise of large scale state of the art integrated dairy farms for bridging the production gap of high quality and safe milk especially in the milk and protein deficit regions of Asia and Africa.
Image Caption: From left – Paresh Chaudhry, Director, Global Dairy Health; Andrew Ferrier, CEO, Fonterra; Rakesh Kapur, Managing Director, IFFCO.