KDCMPUL is also a member union of the Gujarat Milk Marketing Federation (GCMMF), which owns the Amul brand. Though the brand is owned and marketed by GCMMF, the Amul Dairy at Anand is run by KDCMPUL. According to sources, Srivastava will head the Indian operations of the French major, which recently entered the world’s largest dairy market, India. Earlier, in January this year, Lactalis had acquired south India-based private player Tirumala Milk Products for about Rs 1,750 crore. Srivastava, an engineer from the Indian Institute of Technology (IIT), Roorkee, and a student from the Institute of Rural Management, Anand, had joined GCMMF 22 years ago.
He was offered the post of managing director at the Amul Dairy at the age of 33 years, in 2003.
It is learnt that Srivastava was in the look-out for a suitable opportunity for the last one-and-a-half years. He did not wish to comment on the development, and a mail to Lactalis remained un-answered.
Ramsinh Parmar, KDCMPUL chairman, said, “Srivastava has intimated that he would like to switch his job.”
Founded in France 80 years ago, Groupe Lactalis employs more than 54,000 people and operating in 70 countries through 200 factories. Lactalis develops well-known international brands such as Président, Galbani and Parmalat. According to the group website, the group turnover in 2012 was 15.7 billion euros.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app