National Dairy Development Board (NDDB) has kickstarted the process of merging two of its wholly-owned subsidiary companies - Mother Dairy Fruit & Vegetable (MDFVL) and Dhara Vegetable Oil & Foods Company (DOFCO) - as part of an internal restructuring exercise. NDDB says the move is aimed at consolidating operations and synergising efficiencies of both the subsidiaries.
DOFCO was set up in 2000 for marketing the Dhara brand of edible oils and bulk trading of agri-commodities. However, for close to five years now, it’s MDFVL that has been selling, distributing and marketing Dhara.
Read more in
The Economic Times article.
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