Parag Milk Foods Limited (PMFL), a leading manufacturer and marketer of dairy-FMCG products in India, announced a strategic association with Boston Consulting Group (BCG).
This collaboration aims to drive sustainable growth and implement cost-effective practices throughout the organization.
In addition to continuously providing innovative and high-quality dairy products, PMFL has also continuously increased their market share and demonstrated a dedication to excellence. However, as the industry landscape evolves, Parag Milk Foods recognizes the importance of enhancing its operational efficiency and growth strategies.
BCG has been one of the corporate strategy pioneers for over five decades. It is an expert at understanding the industries and capitalising on opportunities. Together, PMFL and BCG will work towards optimizing existing business processes and identifying new opportunities for growth and efficiency, as per the statement.
On this association, Devendra Shah, Chairman of Parag Milk Foods Ltd. said, “We are pleased to join hands with BCG. Their global perspective and deep industry knowledge will undoubtedly aid us unlock new avenues for growth, and streamline our operations for long-term sustainability. As we set our ambitious expansion plans into motion, we are happy to associate with partner who shares our forward-thinking mindset.”
This will be a strategic partnership as PMFL is committed to transforming into structured organisation, diversifying their product range, scaling up operations and expanding the reach. This collaboration marks a significant milestone for PMFL in its journey toward sustainable growth, according to the statement.
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