A Culture of Collaboration
Partners and Consultants

For a list of MYA Investors, click here.

Heritage Foods India Limited

MYA has established a milk buyback agreement with Heritage Foods (India) Ltd.

Heritage Foods (India) Ltd (commonly known as Heritage) is one of the largest private sector dairy enterprises in Southern India. The company has recently expanded into food and grocery retailing under the brand "Heritage Fresh".

The Heritage Group, has three-business divisions viz., Dairy, Retail and Agri under its flagship Company Heritage Foods (India) Limited (HFIL), one infrastructure subsidiary - Heritage Infra Developers Limited and other associate Companies viz., Heritage Finlease Limited, Heritage International Limited and Heritage Agro Merine Private Limited. The annual turnover has crossed $200 million USD during FY 2008'09.

In the year 1994, HFIL went to Public Issue to raise resources, which was oversubscribed 54 times and its shares are listed under B1 Category on Bombay Stock Exchange and National Stock Exchange. Heritage Foods has its headquarters in Hyderabad, Andhra Pradesh, India.

Birla Sun Life Insurance Co Ltd (BSLI)
Birla Sun Life is a joint venture between the Aditya Birla Group and Sun Financial. BSLI is among the 1st private entrants, started operations in 2001 and has a pan India presence with network of over 600 branches. It has insured over 2 million lives and has a AUM of 12,000 Crores.

MYA's dairy farmers are insured by BSLI.

The New India Assurance Company Ltd
MYA has partnered with New India Assurance Company Limited (NIACL) for various General Insurance coverage including Fire and Burglary, Money, Safety, Transit, Machinery, Fidelity Guarantee, Group Personal Accident, Business Interruption etc. NIACL is a leading global insurance group, with offices and branches throughout India and various countries abroad. The company services the Indian subcontinent with a network of 1068 offices, comprising 26 Regional offices, 393 Divisional offices and 648 branches. With approximately 21000 employees, New India has the largest number of specialist and technically qualified personnel at all levels of management, who are empowered to underwrite and settle claims of high magnitude.

New India has been rated "A-" (Excellent) by A.M. Best Co., making it the only Indian insurance company to have been rated by an international rating agency.

State Bank of India: Bankers to MYA
The State Bank of India, the country's oldest Bank and a premier in terms of balance sheet size, number of branches, market capitalization and profits having assets worth Rs. 5665.65 billion. Tracing its roots back some 200 years to the British East India Company (and initially established as the Bank of Calcutta in 1806), the bank operates more than 14,000 branches within India, where it also owns majority stakes in seven associate banks. State Bank of India has more than 50 offices in nearly 35 other countries, including multiple locations in the US, Canada, and Nigeria. The bank has other units devoted to capital markets, fund management, factoring and commercial services, and brokerage services. The Reserve Bank of India owns about 60% of State Bank of India.
Chaturvedi and Shah

We at MYA are committed to associating with best in class institutions. MYA's accounts are audited by M/s Chaturvedi and Shah (C&S), Chartered Accountants, one of India's leading audit firms and a member of the Nexia's global network of independent accounting and consulting firms. M/s Chaturvedi and Shah (C&S) is on the approved list (Category 1) of Comptroller and Auditor General of India and Reserve Bank of India conducting Statutory Audits for Public Sector Undertakings, Insurance Companies, Banks and Financial Institutions.

IDMC Limited: Supplier of Bulk Milk Coolers to MYA

IDMC Limited is a wholly owned subsidiary of National Dairy Development Board (NDDB). IDMC was incorporated as a private limited company on September 14, 1992. It was set up in the year 1978 to manufacture equipments and dairy plants to set up by NDDB under operation flood project. IDMC is now a large equipment manufacturing and project engineering company in India in the field of dairy, food processing, brewery and beverage, refrigeration and pharmaceutical industries. IDMC is supplying international quality dairy plants and equipments to the Indian dairy industry. The company also undertakes turnkey execution of projects, fabrication and manufacturing of equipments and plant and components for domestic and export market

Baramati Agro Ltd

Baramati Agro is the supplier of Cattle Feed to MYA. We have a production partnership with Baramati Agro, whereby the cattle feed is MYA branded and supplied to our network of dairy farmers.

Upaya Social Ventures

Upaya is building the businesses that will create jobs and improve the quality of life for the ultra poor. We do this in two ways - supporting the growth of start-up enterprises through the LiftUP Project business accelerator, and consulting with established organizations to bring its expertise to innovative projects targeting deeply impoverished communities.

The Upaya team combines a track record of working in extremely poor communities with experience in traditional businesses to support the growth of enterprises well suited to meet the needs of the ultra poor.

MYA and Upaya have teamed up to extend employment opportunities to the ultra poor through MYA's existing dairy supply chain. Upaya is working side-by-side with MYA management to develop systems for identifying, training, and enrolling hundreds of ultra poor clients into milk production roles that will at minimum double their monthly income. Upaya will also help MYA implement systems for monitoring and analyzing the social metrics of participating households as they make progress out of poverty.

Reliance Retail

With a vision to generate inclusive growth and prosperity for farmers, vendor partners, small shopkeepers and consumers, Reliance Retail Limited (RRL), a subsidiary of RIL, was set up to lead Reliance Group's foray into organized retail.

Since its inception in 2006, Reliance Retail Limited (RRL) has grown into an organization that caters to millions of customers, thousands of farmers and vendors. Based on its core growth strategy of backward integration, RRL has made rapid progress towards building an entire value chain starting from the farmers to the end consumers.

Reliance Retail continued to expand presence of its value and specialty formats. During the year, Reliance Retail opened 90 new stores spanning across 'value' and 'specialty' segments. In-store initiatives, wider product choice and value merchandising enabled the business to achieve robust growth during this period.

Across India, Reliance Retail serves over 2.5 million customers every week. Its loyalty programme, "Reliance One", has the patronage of more than 6.75 million customers.

Aditya Birla Retail Limited - 'More.'

Aditya Birla Group's foray into the retail sector began in December 2006 when it acquired Trinethra, the chain of stores based in south India. May 2007 saw Aditya Birla Retail Limited (ABRL) launch their own brand of stores called 'More.' ABRL's vision is "to consistently provide the Indian consumer complete and differentiated shopping experiences and be amongst India's top retailers while delivering superior returns to all stakeholders".

Until September 6, 2011, the company had set up 575 supermarkets and 11 hypermarkets. All the supermarkets are branded 'More.' and the hypermarkets are branded 'More Megastore'. The company has around 10,000 employees and has a pan-India presence. 'More.' supermarkets are neighbourhood stores with the core proposition of offering value, convenience and trust to the customers and averaging 2,500 sq ft area. The hypermarkets are self-service superstores offering value and range in food and non-food products and services at a single location. Hypermarkets are located in large catchment areas and encourage mass consumption with discount prices and substantial depth of assortment with an average store size of 55,000 sq ft shopping area.

Within a short span of less than three years, 'More.' has more than 3.2 million members as part of its loyalty programme. 'More.' has also launched a huge range of private labels in food and grocery, staples and apparel which have already obtained a significant share of category as well as salience with the consumer.

Srikrishna Dairy Pvt. Ltd. - 'Hangyo'

Hangyo Ice Creams Pvt. Ltd., is a company from the stable of Srikrishna Group engaged in diversified activities with a primary focus on Dairy business. The Group is promoted by Pai Brothers of Bhatkal having varied experience in multi facet Management functions.

Hangyo Ice Creams Pvt. Ltd., a flagship Company of Srikishna Group promoted in 2002 merged with Srikrishna Dairy Pvt.Ltd., in 2008. With the state of the art dairy and ice cream Plant at Heroor, District : Udupi. Hangyo Ice Creams are manufactured with Fresh Milk and Cream supplied by its ISO 22000:2005 certified dairy unit.

In a span of just 8 years a local Brand belonging to coastal Karnataka spread its wings in the State of Goa, part of Kerala State and rest of the Karnataka including that of Bangalore and Mysore. Hangyo would soon be a regional Brand in South India with a patronage of its consumers. The love and loyalty of consumers especially children has made "Hangyo" a name to reckon with in Ice Cream Market.

The Corporate efforts of Hangyo Ice Creams Pvt. Ltd., have a due patronage of consumers and supported by the Governmental and non-Governmental Awards in appreciation of the endeavor.