Nestlé contribution to local farmers to reach Rs 4 bln this year
View(s):Nestle Lanka said this week that it would end the year with a record Rs 4 billion contribution to Sri Lanka’s farming community, totalling 23,000 families, buying raw material such as fresh milk and coconut.
Seen here is Nestlé Lanka’s Managing Director, Alois Hofbauer with a farming family.
The country’s largest private sector collector of fresh milk, Nestlé procures fresh milk from over 18,000 farmers every day.
The company has worked closely with relevant authorities over the years to assist local dairy farmers in increasing the quantity and quality of their yield; thereby helping to reduce the country’s dependency on milk powder imports, according to a company statement. As the world’s largest exporter of coconut milk powder, Nestlé said it also contributes to the livelihood of 5,000 coconut farming families across the country by way of coconut purchases amounting to 50 million coconuts a year.
“It’s nice to end the year having made such a positive impact on the lives of so many. I’m extremely proud of our landmark contribution in uplifting the livelihoods of Sri Lankan farmers this year and pleased we have proved once again that it is possible to do well by doing good,” said Alois Hofbauer, Managing Director of Nestlé Lanka PLC.
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