(a) the details of Joint Venture Company (JVC) formed between Mother Dairy and
MILMA Foods Limited;
(b) the reasons for withdrawal by Mother Dairy (a subsidiary of NDDB) from the
JVC;
(c) the amount of loss incurred by Mother Dairy and MILMA Foods Limited as a
result thereof;
(d) whether JVC has been formed and proposed to be formed with other States by
Mother Dairy; and
(e) if so, the details thereof?
THE MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI KANTI LAL BHURIA)
(a): A Joint Venture Company known as MILMA Foods Limited was formed
between Mother Dairy Foods Limited and Kerala Milk Marketing Federation (MILMA)
on 17-3-2003.
(b): Mother Dairy Foods Limited and MILMA have mutually decided to
terminate the Joint Venture agreement.
(c): MILMA Foods Limited has earned profit during the year ending March,
2004.
(d)&(e): Mother Dairy Foods Limited, a subsidiary of NDDB has entered into Joint
Venture agreements with State Dairy Federations of Uttar Pradesh, Andhra Pradesh and
Uttaranchal.