Parag Milk Foods, a dairy products company, has strengthened its senior management team, creating new positions of Chief Operations Officer and Chief Commercial Officer (CCO) in the management.
Amarendra Sathe comes on board as the CCO; he was previously at a senior position at Kimberly-Clark India.
Harshad Joshi, a dairy technologist with long stints at companies like Mother Dairy, Amul and Walmart, has joined Parag Milk Foods as the COO. He will be responsible for strengthening the overall business operations at Parag Milk Foods.
The company has also roped in Niharendu Sarkar for the newly created position of Senior Vice-President, Logistics and Supply Chain. Sarkar will be responsible for establishing a robust logistics and supply chain network throughout Paragâ€™s current and new markets.
With the recent acquisition of the Danone plant in North India, Parag Milk Foods is looking at growing its market share in the region and has roped in Rajneesh Vasudeva as VP, Sales, and Vinay Jain as Business Head for Health and Nutrition to grow the business in the region.
Vimal Agarwal has been roped in as the Chief Financial Officer. He brings in 17 years of experience from PepsiCo. With varied knowledge he brings to the table, Agarwal will be driving the analytics and finance disciplines at Parag Milk Foods.
â€śAll these senior executives are seasoned professionals with long stints in the FMCG sector. As a strategy, we are focusing on becoming a strong national FMCG dairy company and putting more emphasis on growing our consumer business. With the support of the new senior leadership team, we are aiming at double-digit growth this fiscal,â€ť shared Devendra Shah, Chairman, Parag Milk Foods.
With the steady development in the dairy industry, the company expects double-digit growth, strengthening its cheese category, scaling it up, expecting market to grow by 20-25%. The company also plans to strengthen the current 3,800 distributors.