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The Hindu·3 min read·medium

Krishna Milk Union repays ₹110-crore loan in 30 months

Krishna Milk Union repays ₹110-crore loan in 30 months
AI Summary

The Krishna Milk Union successfully repaid a ₹110-crore bank loan in 30 months, significantly ahead of its seven-year schedule. The union achieved this through operational efficiency and increased milk procurement despite facing challenges from recent floods.

Why it matters

It demonstrates the financial viability and resilience of cooperative dairy models in India's agricultural sector.

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The Krishna Milk Union has repaid a ₹110-crore bank loan within just two and a half years. A programme was organised to celebrate the achievement during a Regional Workshop on ‘White Revolution 2.0’ on its Vijayawada factory premises on Wednesday.

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Confidence: 85%

The report focuses on financial performance metrics and organizational achievements.

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