Progressive Grocer – July 2019

(John Hannent) #1

Market Update


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http://www.indiaretailing.com


ASIA FRUIT

LOGISTICA

(^4) – 6 Sep 2019
http://www.asiafruitlogistica.com
SCS Agribusiness Consultants Pvt. Ltd.
135 Vipul Business Park, Sector 48, Sohna Road
Gurgaon, Haryana 122 018
Tel +91 (124) 434 4500
[email protected]
Parag Milk Foods Ltd
(PMFL), established in
1992, has announced the
appointment of Venkat
Shankar as the company’s
Chief Executive Offi cer.
Th e company is a leader in
FMCG products and has
recently launched its fl agship
brand ‘Pride of Cows’. It has
also ventured into the B2C
segment for whey protein
with the brand Avvatar, a
100% vegetarian whey protein
manufactured in India.
Venkat Shankar is a
seasoned FMCG professional
with over three decades of
experience in dairy, FMCG,
Parag Milk Foods appoints a new Chief Executive Officer
private equity, media and
advertising roles. Prior to
joining PMFL, he was the VP
& Head of the Dairy Business
at Britannia Industries Ltd.
At PMFL, Venkat
will provide the necessary
leadership and strategic
direction to the company and
help achieve its short-term
and long-term objectives..
Devendra Shah,
Chairman, Parag Milk
Foods Ltd, commented:
“We are delighted to
welcome Venkat Shankar
as our CEO. His extensive
FMCG experience over
three decades would be
tremendously valued in
implementing the vision and
objectives of the company as
it continues on its journey
towards becoming a leader in
the dairy FMCG sector.”
Speaking of his
appointment,Venkat
Shankar, CEO of Parag
Milk Foods, said: “Parag
Milk Foods Ltd. is constantly
setting new benchmarks for
the industry by pushing the
envelope with innovation.
It will truly be a privilege to
work with a company full of
talented people and brilliant
brands. Th e company has
built a strong and robust
platform over the years and
I am thrilled to be a part of
this new phase of growth
and look forward to creating
long-term value for our
stakeholders.”
Venkat Shankar,
CEO, Parag Milk Foods

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