Heritage Foods Ltd, a company led by the family of Andhra Pradesh Chief Minister N. Chandrababu Naidu, has welcomed the recent Union Budget, citing several measures aimed at boosting agricultural productivity. The company believes that a holistic approach to strengthening India’s agriculture and dairy sectors, such as improving credit access and increasing the Kisan Credit Card loan limit to Rs 5 lakh, will drive sustainable, long-term growth of the agri-economy.
Brahmani Nara, the Executive Director of Heritage Foods, expressed optimism that these measures will contribute to the growth and prosperity of the agricultural community and the broader economy, while also accelerating India’s journey towards becoming a global agri-food powerhouse. The company is particularly encouraged by the plan to transition one crore farmers to natural farming methods over the next two years, as this aligns with their dedication to sustainable and organic practices.
As the second-largest listed dairy company in India, Heritage Foods is confident that the government’s initiatives will have a positive impact on the agricultural sector and the economy as a whole. The company has identified with the government’s commitment to sustainable and organic practices, citing their own efforts to promote long-term growth and prosperity in the agri-economy. Overall, the company views the Union Budget as a significant step towards realizing India’s potential as a global agri-food powerhouse.