Wednesday, 1 November 2017

[www.keralites.net] Fwd: How Four Friends Built a Rs 100 Crore Turnover Business Starting With a Cow Farm

 

How Four Friends Built a Rs 100 Crore Turnover Business Starting With a Cow Farm

Four friends from Jharkhand chucked their corporate jobs and decided to do something different. They pooled in their savings and… bought cows!

It's a risk that paid-off and, within five years, their dairy business has milked out a turnover of over Rs 100 crore, becoming one of the most popular brands of the state.


Founders of Osam Dairy (from l to r) Abhishek Raj, Harsh Thakkar, Abhinav Shah, Rakesh Sharma at their plant in Ranchi 

Osam Dairy is currently present in 19 districts and works with 140 distributors and over 3,000 retailers across Jharkhand. From four, they are now 270 people-strong and their team is only getting stronger.

But not having expertise in the area still cost them dearly. "After completing the course, I went to Khanna in Punjab to purchase Holstein Friesian cows," says Abhinav.

"We bought 40 animals for Rs 35 lakh but as soon as they arrived, we got to know they were suffering from the Foot and Mouth disease. We lost 26 of them within one month. It was both a financial and emotional blow to see the animals dying."


full article in the link below 

http://www.theweekendleader.com/Success/2660/awesome-foursome.html




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Posted by: Ravi Narasimhan <ravi.narasimhan.in@gmail.com>
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