Kailash Bhagat, chairman HAFED, stated that the commercial enterprise turnover of about ₹ 17, seven-hundred crore carried out by way of cooperative during this era is likewise the very best ever

The HAFED, which is the apex cooperative federation of Haryana, has earned the very best ever profit of ₹ 207 crore for the duration of 2021-22.

Kailash Bhagat, chairman HAFED, said that the commercial enterprise turnover of approximately ₹ 17, 700 crore carried out by cooperative all through this period is also the highest ever.

He said the federation has currently taken severa ambitious initiatives for expanding the business. It has diversified into export, commercial buy of different commodities like paddy, wheat and mustard seed.

As a end result, he stated, HAFED has got an export order of 20,000 MT basmati rice valuing $ 21.Eighty five million from Saudi Arabia.

He similarly knowledgeable that HAFED is likewise exploring business possibilities in other countries to make bigger its export commercial enterprise and attention has also been enhanced on marketing of its merchandise inside the home market by means of including new merchandise like multi-grain atta, namkeen, biscuits, jaggery, poha and so on. In its product variety.

HAFED handling director, A Sreenivas, said that infrastructure is also being augmented via setting up of new devices like oil mill at Rampura, livestock feed plant at Rohtak, flour mill at Jatusana, fortified rice kernels unit at Taraori, contemporary rice turbines at Ding, Rania and Baroda, turmeric plant at Radaur so that world elegance infrastructure is installed vicinity to make certain excellent fine merchandise.

He stated the purchasers could witness paradigm changes in the product range, best and packaging of HAFED products inside the coming months.

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