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Dr. V.

Kurien

Visionary of Vidya Dairy

15th Annual Report 2012-13

Fifteenth Annual Report

2012-13

Board of Directors

BANKERS
Central Bank of India
Dr. B P Shah
Chairman
Principal & Dean
Dairy Science College, Anand

Dena Bank
Bank of Baroda
HDFC Bank

AUDITORS
External
Talati & Talati & Co., Ahmedabad
Shri R S Sodhi
Director
Managing Director
GCMMFL, Anand

Shri Sangramsinh R. Chaudhary


Director
Executive Director
NDDB, Anand

Chartered Accountants
Internal
Manubhai & Co., Ahmedabad
Chartered Accountants
Company Law Consultants
M/s. J. J. Gandhi & Co., Baroda
Company Secretary

Shri Rahulkumar Srivastava


Director
Managing Director
KDCMPUL, Anand

Shri D R Shah
Director
Managing Director
Vidya Dairy, Anand

Contents
Chairmans Statement

Empowering tomorrow with the true


source of knowledge

7
14

Auditors Report

33

Balance Sheet

34

Income and Expenditure Account

35

Cash Flow Statement

36

and Notes on Accounts

37

Vidya Dairy Annual Report 2012-13

Directors Report

Training Programmes

50

Faculty

55

Eminent Visitors Voice

63

Employees Details

64

Significant Accounting Policies

Vidya Dairy Annual Report 2012-13

Dr. V. Kurien whose brain child Vidya Dairy is

VIDYA DAIRY ENVISIONED BY

Dr. V. Kurien

THE FATHER OF INDIAN DAIRYING


WITH
MISSION OF IMPARTING QUALITY EDUCATION

The SMC College of Dairy Science, Anand (established in 1961)


is a pioneering dairy education center of international repute at
Anand Agricultural University, for imparting undergraduate dairy
technology education. The college is actively engaged in catering
to technical manpower for the Indian Dairy Industry. Till the year
1993 undergraduate Dairy Technology students of the SMC college
of Dairy Science, Anand underwent the in-plant training in dairies
scattered all over the country. This made it difficult for the college
authorities / dairy authorities to closely monitor the students
progress during the training, leaving them woefully short of hands
on experience. Because of this the students did not or could not
take their training more effectively. A request was made before Dr.
Kurien for upgradation of the training of Dairy Science College
in the face of burgeoning dairy industry in India and especially
in Gujarat to fulfil the increased and diversified manpower
requirement. An idea was planted for radically enhancing the
training component by way of putting up a Vidya Dairy. The
lacuna in the Dairy education system was churned by the great
dairy visionary Dr. V. Kurien into conceiving Vidya Dairy to fulfil
the dream of providing excellent training facilities to the students
of SMC College of Dairy Science, AAU Anand. In concurrence with
the joint recommendations of National Dairy Development Board,
Indian Council of Agricultural Research (NDDB-ICAR) Panel, the
programme was modified from B.Sc. (Dairy Technology) to B.Tech
(Dairy Technology). With this vision, Vidya Dairy was established
in February 1994 with a financial assistance of Rs. 15 crores from
NDDB. Vidya Dairy has also become a Company w.e.f. 10th June
1998. We would always cherish the memory of Dr. V. Kurien who
used to come to Vidya Dairy and bless the students every year.
His active contribution for ushering dairy industry as well as in
the nurturing and development of Vidya Dairy is praiseworthy and
remembered by the Management of Vidya Dairy.

Dear Members,

Chairmans Statement

I am indeed very happy to present before you the Fifteenth Annual Report
of Vidya Dairy for the year 2012-13.

It is my pleasure to convey compliments to all the staff members of Vidya Dairy, for their
dedicated efforts to appropve & to procure the related equipments for the project on Setting up
Fermented Product Lines with Cold Storage at Dairy Plant under Rashtriya Krishi Vikas Yojana
(RKVY). This will develop confidence amongst the students for manufacture of fermented milk
products and Process Development to compete with the dairy technology graduates at global
level.
We are glad to inform that a proposal for financial support for Development of a Mathematical
model and its utility in design of Laminar Air Flow System at Vidya Dairy has been partly
supported by National Bank for Agricultural for Rural Development (NABARD) under Rural
Investment Fund.
I am happy to inform that, Vidya Dairy has secured second position in National Dairy and Food
Quiz Contest held at SMC College of Dairy Science, AAU, Anand.
Vidya Dairy has also been awarded 1st Runner up in Baroda Productivity Council Good
Housekeeping Contest 2012-13 under the category Food, Agro & Pharma.
We are pleased to inform that Vidya Dairy worker (contractual) Mr. Sanjay L. Rajput has been
awarded the Shram Vir award for the Category Industrial Safety, manufacturing Welfare
& Peace.
I am sure that with enthusiastic and dedicated co-operation of my colleagues in dairy profession,
will lead Vidya Dairy to grow and fulfill the expectation of dairy farmers in their socio-economic
upliftment.
It gives me an immense pleasure to convey my sincere thanks to my dedicated Board
Members for their continued guidance and for the confidence they have reposed in me. Their
faith encourages all of us to shine out Vidya Dairy at international level as unique model of
Experiential Learning for the students of Dairy Technology.
Yours sincerely,
B P Shah
Chairman

Vidya Dairy Annual Report 2012-13

The dairy managed by the professionally competent and committed group


to contribute to the unique status of Vidya Dairy at all levels. This includes
TQM activities to inculcate the implication of Quality, productivity
and sensitivity towards the efficient use of energy having eco-friendly
environment of production technology among 58 students of Third year
B.Tech (Dairy Technology) students of SMC College of Dairy Science, Anand Agricultural
University, Anand. During the year, the dairy has also attained the highest throughput and
turnover since its inception. So far, the dairy offered training to 897 B.Tech (Dairy Technology)
students.

Vidya Dairy Annual Report 2012-13

Dr. A.M. Shekh, Vice Chancellor, AAU and Board Members of Vidya Dairy at Parents Meet Celebration

4
Mr. Birendrakumar, Manager, Dairy
Receiving 1st runner up award Baroda Productivity Council Good Housekeeping Contest 2012-13

National Dairy and Food Quiz Contest held at SMC College of Dairy Science
(Second Prize winner Shri Sunny Kharwa and Shri Raj Patel)

Conference/Workshop on Cleaning Solution (CIP) for Dairy Industry

Vidya Dairy Annual Report 2012-13

Bhoomipoojan of Expansion Project for Fermented Milk Products Line

Inaugurated by Shri Rahulkumar Srivastava, MD, KDCMPUL

Notice
NOTICE IS HEREBY given that the Fifteenth Annual General Meeting of
Vidya Dairy will be held at the Registered Office of the Company situated at
Anand Agricultural University Campus, Anand 388 110 on 14.08.2013 at 11.00
AM to transact the following business. You are requested to remain present.
Ordinary Business:

Vidya Dairy Annual Report 2012-13

1. To receive, consider and adopt the Audited accounts of the Company for

the year ended 31st March 2013 together with Directors Report and the
Auditors Report thereon.
2. To appoint the Statutory Auditor to hold office from the conclusion of this
meeting until the conclusion of the next Annual General Meeting and to
authorize Board to fix their remuneration.

Date : 5th July, 2013


Registered Office:

By order of the Board

Vidya Dairy
Anand Agricultural University Campus

B P Shah

Anand 388 110.

Chairman

1. A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO


APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF/
HERSELF AND THE PROXY NEED NOT BE A MEMBER.
2. Proxies should be deposited at the Registered office of the Company not less
than 48 hours before the commencement of the meeting.

Vidya Dairy Annual Report 2012-13

Empowering tomorrow with the true source of knowledge

SMC COLLEGE OF DAIRY SCIENCE


Faculty of Dairy Science, Anand, is a pioneer
national center for dairy education established in
1961.The faculty represented by S.M.C. College
of Dairy Science has been recognized as a Center
of Excellence for dairy technology education
in the country. The human resource trained by
the faculty has brought laurels for themselves
and repute to their alma mater by their pursuit
for excellence, depth of knowledge and honesty
of purpose. The ICAR-NDDB joint panel has
recognized the college as one of the four National
Regional Centres for excellence in dairy education.
The post-graduate programme leading to degree

in M.Tech. / M.Sc. as well as Ph.D. is also run


very effectively by the faculty and has largely
contributed to Research and Development in the
dairy field. The under graduate degree programme
was revised in 1989 from B. Sc (DT) to B Tech
(DT). Till today, the college has turned out around
2000 dairy professionals.
The important milestones are

1960 Indian Dairy Diploma.

1961 B.sc (Dairy Technology).

1977 Post Graduate progam for Master


& Doctorate.

1994 Establishment of Vidya Dairy.

Vidya Dairy Annual Report 2012-13

EXPERIENTIAL LEARNING
PROGRAMME AT VIDYA DAIRY

Till the year 1993 under graduate Dairy Technology


students of the SMC college of Dairy Science,
Anand underwent the in-plant training in dairies
scattered all over the country. This made it difficult
for the college authorities / dairy authorities to
closely monitor the students progress during the
training, leaving them woefully short of hands on
experience. Because of this the students could not
take their training more effectively. Dr. R.P. Aneja,
Secretary NDDB, accompanied with Dr. R.C.
Zala, the Vice Chancellor, Gujarat Agricultural
University and Dr. J.M. Dave, Principal and Dean
of SMC College of Dairy Science met Dr. V.
Kurien, Chairman NDDB. A case was represented
before Dr. Kurien for upgradation of the training of
SMC College of Dairy Science College in the face
of growing dairy industry in India and especially
in Gujarat to fulfill the increased and diversified
manpower requirement. The lacuna in the Dairy
education system was churned by the great dairy
visionary Dr. V. Kurien into conceiving Vidya
Dairy to fulfill the dream of providing excellent
training facilities to the students of SMC College
of Dairy Science, AAU Anand.
An idea was put forward for radically enhancing
the training component by way of setting up
the Vidya Dairy. In concurrence with the joint
recommendations of National Dairy Development
Board, Indian Council of Agricultural Research
(NDDB- ICAR) Panel, the programme was
modified from B.sc. (Dairy Technology) to B.Tech
(Dairy Technology). On a day which will be
remembered for a long time, in the presence of
Shri Amarsinh Chaudhary, Chief Minister, Gujarat,
in a function at the B.A. College of Agriculture,
Dr. V. Kurien offered to build a dairy plant for
Rs. 13.85 Crore (on a consideration of 70:30
loan:grant). He suggested that this plant (later
christened Vidya Dairy) can purchase milk from
Amul and sell its products in markets as decided
by its management committee. With this vision,
Vidya Dairy was established in February 1994
with a financial assistance of Rs. 13.85 crores
from NDDB. Vidya Dairy has also become a
Company w.e.f. 10th June 1998.

Vidya Dairy was started as an innovative approach


to inculcate professional skills in the graduating
B.Tech (Dairy Technology) students of SMC
college of Dairy Science, Anand Agricultural
University, Anand. This was made possible by
providing one year of hands-on experience in
Dairy Plant Operations & Management Courses I
& II.
Vidya dairy has continuously thrived for
excellence, in both providing hands on learning /
experience to the students and self sustainability
as well as product development activities
through best practices. It has been a premium
institute in human resource development for
dairy business aspects along with study program
in addition to imparting knowledge to the
participants from all over India for various training
programs conducted regularly.
The uniqueness of Vidya Dairy is mainly due to
its following features The first dairy in India - operated and run by
students
Not- For- Profit making Organization.
First Dairy in Gujarat to be certified for all
three standards namely; ISO 9001- 2008, ISO14000-2004 and ISO-22000-2005 from DNV
-AS certification, Norway.

Republic Day Celebration

BOARD MEMBERS OF VIDYA DAIRY


Sr.
No

Name of the Leader &


Organization

Designation

Dr. B P Shah, Ph.D. (Dairy Eng.)


Principal
Sheth MC College of Dairy Science,
Anand Agricultural University,
Anand

Chairman

Shri R S Sodhi,

B.E. (Agri. Engg.), PGDRM - IRMA

Managing Director
Gujarat Co-operative Milk
Marketing Federation Ltd, Anand
3

Safety Audit at Vidya Dairy

Shri Sangramsinh R. Chaudhry,

M.Sc. (Life Science), PGDRM - IRMA

Executive Director
National Dairy Development Board,
Anand
4

B.Tech. (Paper Tech.), PGDRM - IRMA

Involved
in
R&D
activity
launching
various
milk
products
association with GCMMF and NDDB.

for
in

The first dairy in the country to manufacture


Mozzarella Cheese in organized sector.
The first dairy in Asia to manufacture and
commercially launching Emmental Cheese
(Piccolo) with the help of students. The
technology has been received from Emmi
International Switzerland through NDDB.
Actively involved in the development of Amul
Malai Paneer and Amul Ice Cream through
vigorous research and studies done by students
and staff of Vidya Dairy.
The Board member is comprised of highly
technical, professional and experienced leaders
of the industry. They have played a vital role in
directing the activities as well as developmental
aspects of Vidya Dairy.

Director

Shri D R Shah,

B.Sc. (Dairy Tech.), PGDRM - IRMA

Managing Director
Vidya Dairy, Anand Agricultural
University Campus, Anand
Safety Day Celebration

Director

Shri Rahul Kumar Srivastava,

Managing Director
Kaira District Co-op. Milk
Producers Union Ltd, Amul Dairy,
Anand
5

Director

Director

MISSION, VISION, MANDATE AND


OBJECTIVE
Leaders (Top Management) of Vidya Dairy have
framed their Mission, Vision and Mandate in
writing so as to communicate and percolate the
objective of Vidya Dairy in the entire organization.
MISSION: Imparting skills in a self-sustainable
environment to develop professionalism in
graduating Dairy Technologists so as to provide
useful resources to manage the dairy industry.
VISION: To be an outstanding training
commercial organization with the State-of-Art
infrastructure to impart skills to the students to
manufacture quality dairy products and to achieve
full capacity utilization by 2013.
MANDATE: Impart Hands on experience
to the students and inculcate work culture of
Quality, Productivity, Energy Conservation
and Environment Protection; Maintain self
sustainability & contribute towards product and
process development.

Vidya Dairy Annual Report 2012-13

To impart technical knowledge to practicing dairy


professionals across the country and neighbouring
countries in the subjects of Dairy Technology,
Engineering and Quality.

Modality for Hands-on-Experience


The entire batch of the Third Year B.Tech (D.T.) is
divided into twelve groups of four to five students.
Each group undergoes hands on training for
a period of one month in the following twelve
modules.

Different modules at Vidya Dairy

Vidya Dairy Annual Report 2012-13

Module
Number

10

Work Area

Students are also sent to Amul dairy for 7


days to gain experience in milk powder &
chocolate production.
Trainings are also arranged for the students
regarding

ISO:22000:2005, ISO:9001:2008
ISO:14001:2004 standards.

HACCP & Food Safety


Authority of India (FSSAI)

TQM

HOUSE KEEPING

Standards

Students are involved in activities like


Kaizen

Market surveys

Milk Processing

Handling of consumer complaints

Cleaning-in-place (CIP)

Marketing of new products

Milk Packaging

Cheese and Fermented Milks

Ice cream

Butter and Ghee

Quality Assurance

Engineering Services and Plant


Maintenance

Vidya Shoppe (a retail outlet of the


Dairy)

10

Commercial function (purchase, store,


accounts)

11

Marketing and Dispatch

12

MIS, Automation and House Keeping

Interactive sessions for the students are


arranged by inviting senior industry personnel
& eminent personalities. The students also
take part in awareness programs of Safety
day, Earth day, Environment day, etc.
The students are required to maintain a diary
for their daily routine work to submit a
periodic report for critical appraisal of their
learning in the concerned sections
To make training more effective, every 15th
day, a module-wise feedback session is
arranged with the students

In addition to the above mentioned regular training


in the respective work areas, students are also
exposed to the various other learning activities so
as to provide an all encompassing training at Vidya
Dairy. A few major activities are listed below A training of 5 days is arranged at Mansingh
Institute of Training, Mehsana to enhance the
knowledge of engineering.

and

Student giving TQM presentation

Survey,

Training module on Project Management,


Motivation Team Building & English Skills
for Professional and Career Development.

At the end of each module, within a week the


students submit a section-wise report to the
college about their observation and exposure.

Major Equipment facilities and technologies


used for training
Vidya Dairy is a semi-automatic plant with
installed capacity of one lakh liters of milk per
day (LLPD). The capacity to manufacture several
dairy products at the plant is as under:

Installed capacity of Vidya Dairy


Product
Milk
Ghee
Ice cream
Paneer
Cheese
Avsar Ladoo

Unit
Litres / day
kgs / day
Litres/ day
kgs/ day
kgs/ day
Kgs / day

Capacity
100000
1000
8000
650
1500
500

At present Vidya Dairy handles 93,000 Ltrs


milk per day, out of this 82,500 Ltrs of milk is
sold as market milk of different variants such as
Amul Gold (FCM), Amul Shakti (SPM), Amul
Taaza (TM), Amul Slim & Trim (DTM) and Tea

Special and remaining 10,500 litres is converted


into different dairy products. The dairy has an
asset of indigenous and imported equipments and
machineries of (APV, GEA, Tetrapak, Westfalia,
Alfa Laval, DIMA, Multivac) etc for processing
milk and to manufacture a range of dairy products,
viz. Ice cream, Paneer, Cheddar cheese, Mozzarella
cheese, as per national and international standards.
For providing viability, a part of the liquid milk
market was given by the Amul Dairy, Anand to
Vidya Dairy. GCMMF Ltd., markets the milk
products manufactured by the dairy under the
brand name AMUL.

PROCESS AND PRODUCT


DEVELOPMENT
Vidya Dairy, being a small self sustainable dairy
plant with dedicated technical personnel and
having whole heartedly support from all faculties
of SMC College of Dairy Science, has been chosen
as a center for taking trials of new products to be
launched in the market and when such trials are
perfected the standardized technique is transferred
to dairy unions for large scale production. The
following products have been developed at Vidya
Dairy.
Amul Ice Cream
Amul Diced Frozen Paneer
Amul Mozzarella Cheese
Amul Emmental Cheese
Avsar Ladoo
Avsar Khoa

TRAINING PROGRAMMES FOR DAIRY


INDUSTRY
In view of liberalization, effective and competitive
skill enrichment of human resource has assumed a
pivotal place. Vidya Dairy is the leading organization
in formulating and delivering exemplary training
programmes for all key stakeholders of dairy
industry from students to working employees to
management groups and executives.

Milk Processing Section

From September 2004 to March 2013, Vidya Dairy


has offered 247 short-term training programmes
and trained 4083 practicing dairy / non-dairy
executives of the Dairy Industry. The various
training programmes conducted are as under:

Vidya Dairy Annual Report 2012-13

Students participate in Market


Consumer Awareness programmes.

11

DETAILS OF TRAINING PROGRAMME CONDUCTED UPTO 31.03.2013

Vidya Dairy Annual Report 2012-13

Sr.
No

Name of the Programme

No of
Batches

No of
participants

Dairy Technology for Non Dairy Technologists (in


English and Gujarati language)

95

1719

Laboratory practices in Dairy and Food Plant.

34

405

Technology of Pro-biotic and fermented dairy products.

19

260

Technology of Mozzarella Cheese.

12

Technology of Cheddar Cheese.

17

Technology of Processed Cheese.

Technological and Engineering Aspects of Dairy and


Food Plant.

18

198

New Developments in Energy management of dairy and


food plant.

36

Coping with Challenges of Environment in Dairy / Food


Plant.

12

10

Management of Bulk Milk Cooling System for


village level Operators

35

593

12

11

ISO-22000-2005 Internal auditor Training

122

12

ISO:22000, CIP Principles and GMP

153

13

Good Manufacturing Practices & Good Hygiene Practices (In-house)

75

DETAILS OF TRAINING PROGRAMME CONDUCTED UPTO 31.03.2013


No of
Batches

Name of the Programme

14

Clean Milk Production

15

No of
participants

45

Sensory Evaluation of Milk and Milk Products.

10

137

16

Technological & Engineering Aspects of Milk


Condensing & Drying Plants

46

17

Technological and Engineering Aspects of Ice Cream


Plant

54

18

Technology and Engineering Aspects of Cheese


Manufacturing

18

19

Advances in Fat Rich Dairy Products

22

Vidya Dairy Annual Report 2012-13

Sr.
No

13
20

Advances in Automation in Dairy Industry

29

21

FSSAI Requirements & Pest Management Solution in


Food Industry

24

22

Dairy Plant Operations and Management

ol

A Special Training for Government of Sikkim

17

A Special Training for Institute of Rural Management


Anand (IRMA)

17

A Special Training for College of Applied Food & Dairy


Technology, Nepal

16

od and Dai
lied Fo
ry T
ec
App
hn
of
(CAFODAT)
ol
ge
og
New Baneswor, Kathmandu, Nepal
le

Letter of Appreciation
The world has witnessed the white revolution in India which was started from Gujarat, the birth place of Mahatma
Gandhi. When we talk of white revolution, we cant forget a living Legend and architect of white Revolution
Dr. Verghese Kurien.
It gives me a great pleasure to mention that a number of senior Nepalese Dairy Technologists, at present working in
Nepal, had their education from Dairy Science College, Gujarat Agricultural University, Anand.
One month training program organized as a special consideration, to CAFODAT students is highly appreciated by
the college management committee. We thank Vidya Dairy, AAU Campus Anand, for the cooperation extended
to CAFODAT.
Prof. Jagat Bahadur K. C.

Chairman
College of Applied Food And Dairy Technology

23

ISO:14001:2004 Implementation and Management of ETP in Dairy Industry

24

24

Outlines of Dairying

24

247

4083

TOTAL PROGRAMMES

14

Vidya Dairy Annual Report 2012-13

D
t
r
o
p
e
R

s
r
o
t
irec

The Directors are pleased to present the Fifteenth


Annual Report on the business and operations of
Vidya Dairy along with the audited accounts for the
year ended on 31.03.2013. We feel very happy to share
with you the performance and progress of Vidya Dairy
during the year 2012-13.

Students Training
Imparting Hands-on-Experience to B.Tech (Dairy
Technology) students of SMC College of Dairy Science,
Anand Agricultural University, Anand is the mission of
Vidya Dairy. The students are exposed to commercially
viable environment that helps students in developing
professionalism, confidence and proficiency in all work
areas. Initially, the students join the dairy as fresh
raw material where they are briefed by the staff about
various activities of the departments and their role at
Vidya Dairy. All resources such as training manuals,
ISO documents, Equipment operation manuals, SOPs,
HACCP documents, Forms and Formats, SAP System
for accounting, Marketing & Inventory Control are
provided to the students and they are molded to grasp
various activities and take responsibility at work.
By doing so in a module of 30 days, the students
learn all the aspects of the section thoroughly. This
includes manpower handling, loss control, energy
saving, operation procedures, problem solving, trouble
shooting, schedule maintenance, communication skills,
accounting and book-keeping practices, customer
handling etc. Once the students are fully acquainted,
the staff hands over the responsibilities of the section
to the student trainees. There after the students work
with confidence, simultaneously learning the nuts and
bolts of the commercial practices of the organization.

Upgradation in the process such as revising the


operating manuals, computer systems and partial
applicable automation processes in production are few
new methodologies applied in the recent past, apart
from development of new products such as Edam
cheese, varieties of ice cream like Kheer, Rabdi,
Kewra, Khush, Basundi, Sandwich, Pine apple tid
bits.
During the year 2011-12, 57 students successfully
completed their training and a fresh batch of 58
students joined the dairy on 1st May 2012. Vidya
Dairy has so far trained 897 students of third year
B.Tech (DT) of SMC College of Dairy Science,
Anand.
Total Number of Students Trained: 897
70
60

6060

59
59

56 56

58

57
57

58

50
50

50

4646

40
30
20
10
0
2006-07
2006-07

20007-08
2007-08

2008-09
2008-09 2009-10
2009-10 2010-11
2010-11

2011-12
2011-12 2012-13
2012-13

The core staff of the dairy is intensively engaged in


training the students for a span of one year. The
students are required to maintain day to day work
diary to enable them to submit a monthly report
that is evaluated to know what they learnt in each
section. In order to make learning more effective,
on every 15th day of the month, a module-wise

Felicitation of Dr. J.M. Dave, Founder Chairman and Dr. S.S. Sannabhadti, Ex-Chairman of Vidya Dairy during Parents Meet
by Dr. A.M. Shekh, Vice Chancellor, AAU and Shri RS Sodhi, MD, GCMMFL

Vidya Dairy Annual Report 2012-13

Dear Members,

15

Vidya Dairy Annual Report 2012-13

feedback sessions is arranged for the students by


dairy officers and faculty from the college.

16

The Practical knowledge of the students is


enhanced by Interactive guest faculty session with
Professionals, Statutory Authorities and Vendors.
Such interaction sessions are arranged regularly
throughout the year. A training module of 5 days
at Mansinh Institute of Training, Mehsana, 7 days at
AMUL Dairy, Anand including visits to its Mogar
and Khatrej Plants, Training at Amul Preferred Outlets
(APO - selling of products) at AAU premises are
also arranged to familiarize them with the entire
range of Amul products. Participation of students in
market survey, consumer awareness programmes such
as Focus Group Discussions educates the students and
consumers about importance of unadulterated milk and
milk products. The students are involved in various
activities such as Cost Control, ISO HACCP,
TQM Apex Steering Council, SQC, Kaizen, House
Keeping, etc.

Extra-Curricular Activities
The following activities took place for personality
development and skill enhancement of the students:
Three (3)
days
Motivational
Training
Programme by Shri Paresh Pandya was organized for
the entire batch.

Dairy, Vidyanagar Nature Club & Vidya Dairy on


the occasion of World Environment Day on 5th
June 2012.
3. Project Management lectures by Prof. G.
Krishnamurthy, Principal, Indukaka Ipcowala
Institute of Management, Changa, Gujarat were
arranged..
4. Thirty lectures on English Skills for Professional
and Career Development were arranged for the
students by Shri Sham Chaudhry. Reading material
on English Grammar, Composition and Spoken
English were provided to the students.
5. To strengthen Verbal Communication and
Presentation Skills, Prof. Partha Chakrabarti
conducted a 3 day workshop for the entire batch.
The students had also attended his lecture on How
to face Interview.
6. The students underwent a 3 day workshop on the
principles of Total Quality Management (TQM)
conducted by Shri Sham Chaudhry.

Guest Lectures arranged for the


students by the industry professionals.

1. Students
participated
in
Inter-Agricultural
University Cultural Competition during 24-28
February, 2013 and got overall 2nd position.

A lecture was conducted on Effective


Communication & Positive Attitude by Prof.
Hitesh Bhatt from IRMA.

2. Students took part in the awareness rally


Dont use Plastics which was jointly organized
by Gujarat Pollution Control Board, Anand, Amul

An interaction with Prof. Baboo Nair, (Lund


University, Sweden) was arranged for the
students on 31.08.2012.

Series of lectures on Basic Engineering


by Dr. Mukesh Bulsara, Professor GH Patel

World Environment Day Celebration - Poster Competition

Training Programme on Advances in Fat Rich Dairy


Products. Inaugurated by Shri Sangram R. Chaudhry,
Executive Director, NDDB

A lecture was conducted by Mr. Vivek


Kulkarni, M/s. Chr. Hansen Ltd on 10th
October, 2012.
Four students attended the Training
Programme on Advances of Fat Rich Dairy
products during 25 - 29th June, 2012.
Half day session was conducted by Diversey
Group on Hygiene & Cleaning Solutions by
Mr. Hari Prasad.
Three half day technical sessions were
conducted by Mr. Ashish Powari from M/s.
Sealed Air (India) on New Technology in
Packaging Material, Equipment & Process.
Parents Day was celebrated on 18th April 2012.
On this day, parents of the students, got an
opportunity to meet the faculty, dairy officers and
staff. Students with 100% attendance (zero
deficit), first prize winner in the Category of
Best Students, Poster Competition winner, best
group Kaizeners and Top individual Kaizeners
were felicitated in the midst of their parents.
Teachers Day was celebrated on 5-6 September,
2012 with zeal and fest. On this day students
independently took charge of the sections in
which they worked, as officer for the entire
day and dealt with all sectional activities like
resource management, the deployment of man
power, etc. On the next day, interaction session
amongst staff and students was arranged
wherein all the staff members were felicitated
by students, followed by speech from students
and staff. Thus each and every student and staff
member shared their experience. Teachers Day
celebration builds confidence in students as
they are given opportunity to act on their own
without any intervention from staff members
and they themselves realize their potential and
perform effectively when they are involved in
any such activities.

Financial Results
I am very happy to inform you that during the Year
2012-13, the turnover of Vidya Dairy increased to

` 138.09 crores from ` 124.33 crores in the previous


year, i.e. an increase of 11.07%. The dairy has made
a surplus of ` 156.43 lakhs during the year 201213 against a surplus of Rs. 205.64 lakhs during the
previous year as below:
Amount ` in Lacs

Particulars

FY 2012-13 FY 2011-12
13809.82
12433.56

a Total Income
b Total Expenditure (excluding
Interest and Depreciation)
c Surplus before Interest and
Depreciation
d Depreciation
e Operating Surplus
f Less : Interest and Finance
Charges
g Net Surplus
h Add : Income Tax Provision
(Net)
i Net Surplus

13581.54

12158.84

228.28

274.72

73.50

61.74

154.78

212.98

6.01

7.34

148.78

205.64

0.00

0.00

148.78

205.64

7.65

0.00

156.43

205.64

280.33

218.09

year 2012-13.

Vidya Dairy Annual Report 2012-13

Engineering College was arranged during 4-9


June, 2012 at Suvidya Hall of SMC College
of Dairy Science.

Sales Turnover ` in Lakhs

17

j Prior period depreciation on


Grant
k Net Surplus carried to
Balance Sheet
Capital Addition

Keeping in mind the required infrastructure and


replacement of old plant and machinery, ` 280.33 lakhs
has been incurred towards Capital Assets, during the

16000
13809

14000
12433
12000
10102
10000
7938

8000
6708
5863

6000
4744
4000
2000
0
2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

DAIRY ACTIVITIES
DAIRY PLANT OPERATIONS AND ENERGY
USAGE
During the year, concerted efforts were made to
strengthen TQM concept in the dairy with a view
to improve Productivity, Quality, Energy Efficiency
and Environment.

This helped in controlling milk solid losses, utilities


including natural gas and electricity; various chemicals
and packaging materials. This practice has resulted
in controlling cost and improving plant efficiency.
All the control charts are critically evaluated in the
monthly Apex Steering Committee meetings attended
by sectional heads, student representatives and
professional advisors from Faculty and Industry.

Vidya Dairy Annual Report 2012-13

18

from Ecolab shared their global experience and


knowledge to address these challenges. The
event was successfully organized on 30th June,
2012 at Madhubhan Resort, Anand, Gujarat.

It is my pleasure to convey my compliments


to all the staff members of Vidya Dairy that
we had applied for Grant in Aid under
RKVY Scheme for setting up Fermented
Product Lines with Cold Storage and
Marketing Facility at Vidya Dairy. This will
develop confidence amongst the students for
the manufacture of fermented milk products,
Product and Process Development to compete
with the dairy technology graduates at global
level. The total cost of the proposed project
is Rs.434.88 lakhs, of which Rs. 304.41 lakhs
has been sanctioned under RKVY scheme as
financial assistance (i.e 70% of total cost of
project). Out of Total RKVY sanctioned grant
fund of Rs. 100.00 lakhs has been received
during the year 2012-13.
Bhoomi Pujan of the said expansion project
was graced by the presence of Shri R S Sodhi,
Sangram
Managing Director, GCMMF, Shri
Chaudhry, Executive Direcor- NDDB and Dr.
K B Kathiria, Director of Research & Dean
PG Studies, AAU, Anand.

Vidya Dairy organized joint Dairy Conference with


Ecolab on Importance of Food Safety & Hygiene
in Dairy Industry. The objective of the conference
was to create a mutual interaction platform wherein
the key stakeholders from the Dairy Industry
shared the challenges they faced in food safety
& hygiene at their plants. The technical experts

Shri Rahulkumar Srivastava, Managing Director,


KDCMPUL (Amul Dairy) was Chief Guest of the
conference & delivered highly effective key note
address. Speakers from New Zealand and Japan
presented technical papers and Mr. Ron Pringle,
GM & VP Ecolab India briefed on the theme of the
conference.

Shri Rahulkumar Srivastava, MD, KDCMPUL


giving key-note address in joint conference with
Ecolab on CIP Solutions

Vidya Dairy secured Runners-Up in the poster


competition presented on the topic Evaluating
Ash Gourd Sweetmeat as natural and value added
flavoring in Ice Cream at, National Seminar &
Alumni Convention 2013 held at SMC College of
Dairy Science, Anand.

A presentation was made on Vidya Dairy


a unique concept in All India Agricultural
Universities Vice Chancellors Conference on 20th
February 2013 at ICAR, New Delhi.

Ms. Jahnvi Pandya, Executive receiving Runner up award in


the Poster Competition held at National Seminar & Alumni
Convention 2013 at SMC College of Dairy Science, Anand

Paneer trials were taken with the standard


procedure using as a coagulant GDL (Glucono
Delta Lactone) and Paneer made with
homogenized milk. There is no significant
difference in yield and moisture by using GDL
as a coagulant.

To improve the cleaning and sanitation


efficiency various trials were taken with
different cleaning chemicals.

PG students from SMC College of Dairy Science


took projects for their Masters research work at
Vidya Dairy

Conversion of White Butter into ghee. A total


of 1,39,596 kg of White Butter from Valsad
Union and 10290 kg from KDCMPUL were
converted into ghee during the year.

Mock Drill with respect to Transformer


Blasting was carried out on 29th December 2012.

Horizontal Milk Storage Tank (HMST) (10


KL Capacity) for milk pouch packing and
New Basundi vat for ice cream section were
installed.

Installation of Ice Cream Deep Freeze (Blue Star


make) for storage of ice cream.

Installation of Air Purification system in cheese


packing area.

Setting up of three new Evaporative Condensers


for refrigeration plant.

Installation of Reverse Osmosis Plant for Boiler


feed water & evaporative condensers make up
water.

Installation of new Ammonia Compressor KC4 &


KC3 type refrigeration plant.

Dry Store Expansion work was completed.

New Weigh Bridge was installed at main gate.

products manufactured by Vidya Dairy during the


year under report and the previous year. The table
also includes the energy utilized and cost / litre of
milk processed.
Particulars

2011-12

Milk throughput (LPD)

2012-13

89639

92856

408

408

1081413

1393826

Cassatta & Roll Cut (Lit)

280962

244436

Cheddar Cheese (kg)

277249

192710

68822

108314

8452

13324

334640

118940

120

142

13.80

14.70

SPM Pouch Yield Per kg film


Ice Cream (Lit)

Mozzarella Cheese (kg)


Paneer (kg)
Ghee (Lit)
Energy Consumption
Lit of Milk Processed / m3 of Gas
Lit of Milk Processed / Unit of
Electricity

Milk Throughput Litres Per Day


100000
90000

84730

92856

77552

80000
70000

89639

70371

72829

64459

60000
50000
40000
30000
20000
10000
0
2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

Following are the highlights of various tasks


carried out by way of modification, addition or
introduction of new equipment or services with
respect to Production and Engineering activities.

Trials for various ice cream varieties viz.


Kheer Ice Cream, Rabdi Ice Cream, Kewra Ice
Cream, Khush Ice Cream and Basundi based
Pista, Kesar Ice Cream; Pineapple tids bits Ice
Cream, Sandwich Ice Cream, Green Tea Ice
Cream, Praline Ice Cream and Tiramisu Ice Cream
were conducted as per the guidelines of GCMMF.

Trials of Edam Cheese were successfully


completed

Vidya Dairy Annual Report 2012-13

The following table shows the quantity of milk and milk

19

New Weigh bridge (40 ton) inaugurated by Shri S.R. Dave,


CGM, NABARD & Dr. B.P. Shah, Chairman, Vidya Dairy

Vidya Dairy secured Runners-Up in the poster


competition presented on the topic Evaluating
Ash Gourd Sweetmeat as natural and value added
flavoring in Ice Cream at, National Seminar &
Alumni Convention 2013 held at SMC College of

Vidya Dairy Annual Report 2012-13

Dairy Science, Anand.

QUALITY MANAGEMENT

20

The section-wise progress on Quality


Management was regularly reviewed in the
monthly TQM meetings. The day-to-day
monitoring was effected through run charts and
control charts. The housekeeping audits were
regularized and monthly scores were displayed.
To ensure quality at all levels, the awareness and
training pertaining to quality was imparted.
Vidya Dairy received Food Safety license from
central licensing authority with license number
of 10012021000350. The license is valid up to 30th
March, 2017.

A proposal for Development of a Mathematical


model and its utility in design of Laminar Air
Flow System at Vidya Dairy was submitted
to NABARD. They have sanctioned financial
support under Rural Innovation Fund (RIF).

Vidya Dairy has been selected 1st Runner up in


Baroda Productivity Council Good Housekeeping
Contest 2012-13 under the category Food, Agro
& Pharma. Award ceremony has been organized
on 24th May 2013 at Vadodara.

Vidya Dairys team secured second position in


National Dairy and Food Quiz Contest held at SMC
College of Dairy Science on 14th September 2012.

External Training Programmes


In view of liberalization, effective and competitive skill
enrichment of human resource has assumed a pivotal
place.
Besides imparting regular training to B.Tech
(DT) students, the dairy is also organizing ShortTerm Training Programmemes for the benefit of
the industry in association with the Faculty of
SMC College of Dairy Science, Anand. These
programmes are aimed at giving broad orientation
of technological and analytical aspects of milk and
milk products along with hands-on-experience of the
operations to the dairy / non-dairy personnel working
in plant and laboratory areas. This program refreshes
their knowledge and enriches the skills of practicing

technology challenges including reducing costs,


increasing flexibilities, ensuring consistent high quality

Group Photo of Advances in Automation for


Dairy Industry Programme

During the year, we have conducted new training


programmes as mentioned below:

and strict compliance to regulatory requirements. If

1. Advances in Fat Rich Dairy Products

2006, Food Safety Management system (ISO 22000),

The ever increasing consumer awareness for choice


of dairy foods like cream, butter and fat spreads

automation has to play an important role to have

we have to implement Food Safety and Standards Act

consistent product quality on continuous basis. The


present day Engineers and Dairy Technologists find
bewildering pace of change in the Instrumentation and
Automation, as applied to Dairy and Food Industry.
Be it the field of milk procurement, reception,
processing and product manufacturing, one cannot
expect good hygienic practices in a Dairy Plant
without automatic C.I.P. System. We must equip
ourself for use of PLC based systems.

Group Photo of Advances In Fat Rich Dairy


Products Programme

with regard to freshness, taste, health and convenience


is a determining factor in capturing the market. The
demand for low cholesterol food, low saturated
fat content, trans-fatty acids free products and
the ones rich in MUFA, PUFA and Omega-3

With this in focus, Vidya Dairy in association with


Automation Industry organized a 2 days training
program on Automation in Dairy Industry.
3. FSSAI requirements
Solutions in Food

&

Pest

Management

In recent times, Pest Control and Management


has become an integral part of a food safety

fatty acids containing products has changed the


conventional methods of dairy business. Once the
participants are abreast with the knowledge related to
fat-rich dairy product, they can be instrumental in
new product development in these areas e.g. whipped
cream, whipped butter, low cholesterol ghee etc.
With this in focus, Vidya Dairy in association with
Faculty of Dairy Science, Anand organized a 5 days
training program on Advances in Fat Rich Dairy
Products.
2. Advances in Automation in Dairy Industry
There is huge potential of automation in Dairy
Industry. Today, the industry is facing several

Group Photo of FSSAI requirements & Pest Management


Solutions in Food Programme

management system for any food establishment. With


increasing focus on pre-requisite programs by all
the food safety standards, the food safety manager

Vidya Dairy Annual Report 2012-13

dairy / non-dairy executives which ultimately helps


the organization to improve efficiency, reduce cycle
time and cost. The training programmes are designed
taking into consideration the recent requirements of the
dairy industry. Tailor made training programmes are also
designed as per the requirement of an organization, to
fulfil their needs. The students as well as participants
of various short-term courses were taken for visit
to various dairy plants for exposure to the working
environment and new products manufacturing
techniques.

21

has to continuously keep up to date with the new


developments in pest management. Moreover, food
safety regulations are becoming far more demanding
and so is its enforcement.
The presence of pests in food production areas is
absolutely unacceptable. Hence, this course aims to
provide the participants with an opportunity to

Management in Food Industry and Awareness on Food


Safety and Standards Act 2006.
4. Outlines of Dairying
A special programme was conducted for engineers of
Tetrapak & GEA Global Ltd.

learn the fundamentals of pest management in


food establishment and to equip participants with
the knowledge and skills required to prevent pest and
have Good Hygiene Practices (GHP) in line with FSSA
requirements.
With this in focus, Vidya Dairy in association with DNV
had introduced a 2 days training program on Pest

Group Photo of Outlines of Dairying Programme

Vidya Dairy Annual Report 2012-13

Yearly Comparison of External Training Programme: 2011-12 v/s 2012-13

22

2011-2012

Sr.
No

Name of Training Programme

Dairy Technology for Non Dairy Technologists (in English and Gujarati
Languages)

No. of
Batches

2012-2013

No. of
Trainees

No. of
Batches

No. of
Trainees

11

205

121

Laboratory practices in Dairy and Food Plant.

58

44

Technology of Pro-biotic and fermented dairy products.

40

18

Technological and Engineering Aspects of Dairy and Food Plant.

20

Management of Bulk Milk Cooling System in Gujarati for village level


Operators

108

10

183

Sensory Evaluation of Milk and Milk Products.

77

26

Technological & Engineering Aspects of Milk Condensing & Drying Plants

37

ISO:22000, CIP Principles and GMP

125

ISO:14001:2004 Implementation and Management of ETP in Dairy Industry

24

10

Technological and Engineering Aspects of Ice Cream Plant

30

24

11

Technology and Engineering Aspects of Cheese Manufacturing

18

12

GMP, ISO and HACCP

75

75

13

New Development in Energy Management of Food and Dairy Operations

12

14

Advances in Fat Rich Dairy Products (New)

22

15

Outlines of Dairying (New)

24

16

FSSAI Requirements & Pest Management Solution in Food Industry (New)

24

17

Advances in Automation in Dairy Industry (New)

29

37

797

37

631

TOTAL NUMBER OF PARTICIPANTS

The marketing operations include direct liquid milk


marketing and dispatch of Amul Milk Products. The
dairy continued its efforts to increase liquid milk
market. During 2012-13, Vidya Dairy established 5
more Amul Exclusive Outlets in Anand, 108 retails
points for increasing availability of Amul Milk
and conducted 9 Focus Group Discussions / Street
Plays. Activities of the Marketing Department include
distribution of milk according to the market demand,
development,
market monitoring, infrastructure
creating consumer awareness and sales promotional
activities.
Vidya Dairy markets milk in Anand and nearby
towns of Vallabh Vidyanagar, Petlad, Borsad, Tarapur,
Cambay and adjoining rural areas of Anand District.
At the end of the year, the following infrastructure
existed.

During the year the average daily sale of milk


was 82,640 lit which is 4% higher than the
corresponding figure of 79,526 lit last year, as
summarized below:
MILK & FERMENTED PRODUCTS SALES REPORT
Particulars

2011-12 2012-13
LPD

SPM 200ml

3429

3739

+9

30817

26087

-15

SPM 6 L

793

545

-31

Tea Special 500 Ml

551

916

+66

12300

13791

+12

DTM 200 ml

Tea Special 1L

2646

2005

-24

DTM500 ml

1089

1139

+3

DTM 6 L

2081

1691

-19

24660

31395

+27

Gold 6 L

Gold 500 ml

896

688

-23

Tm 500 ml

242

545

+124

Tm 6 L

22

54

+147

Others

44

79526

82640

+3.71

6809

10354

+52

1163

1338

+15

41

Exclusive Outlets

86

Grand Total

Tricycles / Pushcarts

18

Butter Milk & Lassi

Retail points

715

Masti Dahi & Yoghurt (Kgs)

Milk Sales Litres Per Day


90000

Vidya Dairy Stall was put up at ADROIT- The food


fest at College of Food Processing Technology AAU, Anand on 15th October, 2012.
The employees and students of Vidya Dairy carry out
regular market surveys to know the customer needs
and expectations to familiarize with the changing market
realities. The dairy manages exclusive outlets in
Anand Market.

+/-

SPM 500ml

Dealers

Cold Store at Cambay

LPD

79526

80000

82640

73163
68162

70000

63131
57154

60000

23

51532
50000
40000
30000
20000
10000
0
2006-07

City/Townwise Milk Sales (Litres Per Day)


90000
79526

80000

82482

70000

40000

20000
10000
0

4667
Anand

Cambay

6532 7079

5054

Petlad

VVN &
VUN

Borsad
Tarapur,
Vasad

4884 5298
Others

Total

2010-11

2011-12

2012-13

An overall growth of 3.9% in sales of


market milk was achieved.

Advertisement campaign for Cycles and


Centers were launched.

There was no outstanding money from any


dealer or APO as a result of strict monitoring.

Students took part in market visits and sales


promotional activities.

Eight Focus Group Discussions for enhancing


pouch milk sales were conducted on 20th
February, 2013.

15098 15056

1375514527

2009-10

34590 35467

30000

2008-09

Some other notable points during the year:

60000
50000

2007-08

Vidya Dairy Annual Report 2012-13

LIQUID MILK MARKETING

ENVIRONMENT AND SAFETY


To maintain sustainable environmental stride, the
dairy took initiative for waste minimization of all
its resources. The functioning of Effluent Treatment
Plant was normal. The treated effluent was utilized

Mr. Sanjay L. Rajput a worker of Vidya Dairy had


been awarded Shram Vir award under category of
Industrial Safety, manufacturing - Welfare & Peace.
He was felicitated and awarded ` 15,000/- in the
ceremony held at Baroda by Minister of State for
Industrial Health & Safety.

PUBLIC RELATIONS AND VISITORS

Vidya Dairy Annual Report 2012-13

Vidya Dairy being an unique educational cum


commercial organization attracts visitors of all kinds i.e.
Students from other Dairy Science Colleges, new
employees of neighboring organizations, participants
to various training programmes, Post Graduates
students and above all National and International
Dignitaries, Scientists and Professionals.

24

World Environment Day Celebration

in-house by sprinkling in the garden and this helped


in maintaining greenery as well as eco-friendly
environment in the dairy premises. The dairy managed
the wastes including water, air emissions and solid
waste in such a manner that our treatment complied
with the norms laid down by GPCB for environment.
As a part of the World Environment Day
Celebration, in order to create awareness among
students, poster and slogan competitions was held at
Vidya Dairy, in which students actively participated.
The celebration, ended with the tree plantation by the
guests from GPCB, Vidyanagar Nature Club along
with the students and staff members of Vidya Dairy.
We have been granted Consent (NOC) for a period
of Five years vide CTE Order No. CTE -48320 valid
up to 1st March, 2017 from Gujarat Pollution Control
Board, Gandhinagar.
Vidya Dairy has been granted Consolidated Consent
and Authorization (CC & A) for the period of Five
Years valid up to 10th June, 2017 vide Consent Order
No. AWH-50953 from Gujarat Pollution Control Board,
Gandhinagar.
As a part of the Safety Week Celebration, Vidya Dairy
organized a training programme and demonstration
of various types of fire extinguishers and safety
equipments to create awareness among students.

During the year, 253 students of other Dairy Science


Colleges and a students of MBBS, Food Process
Engineering, ABM institutions in the vicinity of
Anand visited our dairy Plant and were briefed about
Vidya Dairys activities.
Distinguished Guest visitors at Vidya Dairy were:

Mr. Nure Alam Chowdhury, Minister for Animal


Resources Development, Government of West
Bengal.

A 30 member team of Progressive Farmers of


Dairy Development, Kerala visited Vidya Dairy.

Dr. B.S.Sidhu, Managing Director, MilkFed,


Punjab,
Chandigarh
attended
Training
Programme on Dairy Technology for NonDairy Technologists.

Mr.

Jakova Katuamba, Commercial Counsellor,

High Commission of the Republic of Namibia,


New Delhi.

Chairman, Vice Chairman and Board of Directors


of Sugar Co-operative (14 delegates) from Sangli
District, Maharshtra accompanied by NCDFI
officials. Shri TK Ramachandran, MD, TCMMF
Ltd., Tamilnadu.
Mr. Suleman Sharif, MD, Sharif Group, Pakistan,
Mr. Muhammad Islam, Project Manager & Milk
Procurement officers.

Mr.

Ziaullah Attash, Director Feed Development,


Ministry of Agriculture, Irrigation and Livestock,
Mr. Abdul Aziz Zaki, Dairy Development
Director and Livestock production Expert and
Mr. Mohhammad Basir, Director, Co-operative
Department, Afghan Agriculture Ministry, Kabul,
Afghanistan.

Shri

Babubhai Bokhiria, Hon. Agricultural


Minister, Gujarat State with Dr. AM Shekh, Hon.
Vice Chancellor, AAU.

Prof.

Abhijit Sen, Hon. Member Planning


Commision, Govt. of India. His feeling
about Vidya Dairy - An extremely interesting
concept of Dr. Kurien which appears to be doing
very well. Its an idea worth replicating many times
over.

Staff Training
The activities during the year emphasized employees involvement through TQM and Teamwork as well
as their enrichment through training.

Personal Effectiveness Programme for Staff Members

Lecture on Effective Communication & Positive Attitude


by Prof. Hitesh Bhatt, IRMA

Vidya Dairy Annual Report 2012-13

25

8 Habits of Highly Effective People for Staff Members

Human Safety and awareness training


Concept of First Aid for staff & workers

Vidya Dairy presented a paper on Preparing manpower for future


industry demands at the Indian Dairy Conference, Mumbai.

Vidya Dairy Annual Report 2012-13

Training on Rights & Duties go hand in hand for workers

26

Seminar on Role of Emulsifier and Stabilizer in Icecream conducted by Lucid Colloids India Ltd.

all work areas were sponsored to the relevant


training programmes as mentioned below:

competence of the dairy staff, the employees from


SR.
NO

Workshop / Seminar / Training

DATE

INSTITUTION

Workshop on Quality and Process Management

06th 07th & 18th December, 2012

Personal Effectiveness

Waste Management in the manufacturing sector

22-25th August, 2012

IRMA, Anand

National Dairy Product Judging Contest

22th September, 2012

SMC College of Dairy Science,


Anand

Gujarat Safety Council

03-08th September, 2012

Gujarat Safety Council, Baroda

Food Safety and Standard Act

15-16th September, 2012

Det Norske Veritas (DNV), Mumbai

7th Convention of Indian Dairy Engineers and


National Seminar on Automation

15-16th September, 2012

College of Dairy Technology, SVVU,


Tirupati

Food Safety and Standard Act and Pest Control


Management

29th November -01st December,


2012

Det Norske Veritas (DNV), Mumbai

National Seminar on An Integrated approach for


enhancing the productivity, quality and safety of
Indian Food Products

11-12th January, 2013

National Productivity Council, New


Delhi

10

41st Dairy Industry Conference Global Dairy


Industry & Food Security

14-16th March, 2013

Indian Dairy Association,


Mumbai - 400 058

11

Rights & Duties go hand in hand

01st February, 2013

Baroda Productivity Council, Baroda.

12

8 Habits of Highly Effective People

05th February 2013

Baroda Productivity Council, Baroda.

13

Mangement Development Programme


General Management Programme

14

Innovative Approaches in Dairy Industry & 10th


Alumni Convention

01- 02nd March,.2013

15

Workshop on Danfoss Cold Chain Solutions for


Dairy Segment

20th March 2013

31st May, 2012

25 February to 16 March,
2013

Vidya Dairy staff was actively involved in


implementing Kaizens that reflect improvement in
various work areas. This in turn enhances employees
skills and way of thinking for betterment of
organization in terms of quality, safety, time saving
and cost effectiveness. There is Kaizen Chairman
for evaluating and monitoring Kaizens done by all
the staff members. Kaizens are discussed and read out
during Apex Steering Committee meeting and the Best
Kaizener is felicitated by the Managing Director of
Vidya Dairy.

ENERGY CONSERVATION
The energy conservation activities at Vidya Dairy is in
its firm commitment and approach towards efficient

th

th

IRMA, Anand
Shri Raj Sinha Roy, Skills2excel,
Baroda

Institute of Rural Management,


IRMA, Anand
Sheth MC College of Dairy Science,
AAU Campus, Anand
Danfoss Industries Pvt. Ltd,
Ahmedabad

utilization of energy and reduction of all forms of


waste. During the year, following energy conservation
efforts were initiated:

Installed three evaporative type condensers


in Refrigeration plant

Four product coolers were replaced with


new product coolers of Alfa Laval in Ice
Cream Hardening Room.

Installed new KC - 4 and KC - 3 compressors


in refrigeration plant.

Installed automatic capacity controller in


Ammonia compressors

Conventional mercury lighting were replaced


by metal helide type lighting.

Vidya Dairy Annual Report 2012-13

With a view to enrich the technical and professional

27

Fuel & Electricity savings were up to ` 30.00


lakhs during financial year 2012-13.

Water utilization has been reduced to 1.4 lit /


lit of milk processed

New Energy Efficient Air Compressor has been


installed during the year.

The dairy will continue its proactive approach


in implementing energy efficient and eco-friendly
technologies in near future too.

Vidya Dairy Annual Report 2012-13

Future Perspective

28

Vidya Dairy being a learner-centric organization


will continue to ensure a participative work culture
amongst the students, staff and faculty to groom the
responsible Dairy Technologists. The dairy, with the
help of its core staff and the faculty of dairy science,
will continue to promote Quality, Productivity,
Energy Efficiency, Environment Protection and
Value system amongst the young dairy technology
graduates.
We have submitted a Project proposal for
Strengthening in-house Research and Training facility
at Vidya Dairy to get grant under RKVY Scheme to
Hon. Member Secretary & Director (Agricultural),
APIC, Gujarat State, Gandhinagar.
There is a need to strengthen this training programme
by establishing Research & Training Centre at Vidya
Dairy to develop innovative and value added
different types of milk and milk products which
will cater to the current needs and benefit human
mankind.
Our Training programme includes theoretical session
followed by practical sessions. The exclusive
training and research facility would strengthen our
Training programme and make Vidya Dairy a Centre
of Excellence for dairy professionals training.
Product and Process Development is the need of the
hour to satisfy customers changing needs.

The project will help participants of the entire


country to get themselves trained with new skills.
Other linkages are built-in the proposed project to
target Dairy industry professional.

To procure specific equipment for research and


training activity.

To carry out Research and Development in the field


of Dairy and Food products.

DIRECTORS
The dairy has the Principal & Dean of SMC
College of Dairy Science , AAU, Anand as its
non-executive Chairman, Managing Director as its
Executive Director, and three independent Directors
namely; Managing Director, Gujarat Co-operative
Milk Marketing Federation Ltd, Anand; Managing
Director, Kaira District Co- operative Milk Producers
Union Ltd, Anand and a Representative from the
National Dairy Development Board, Anand.

PARTICULARS OF EMPLOYEES
The Company has not paid any remuneration to
its employees that attracts the provisions of the
Companies (Particulars of Employees) Rules 1975 read
with Section 217 (2A) of the Companies Act 1956
as amended to date. Hence, no information is to be
appended in the report in this regard.

ACCOUNTING STANDARD
The Company has prepared the accounts in
consonance with the accounting standards as
prescribed by Institute of Chartered Accountants of
India (ICAI).

AUDITORS REPORT
The notes to the accounts referred to in Auditors
Report are self-explanatory and do not call for any
further explanation under section 217 (3) of the
Companies Act 1956.

AUDITOR
M/s. Talati & Talati, Ahmedabad. Chartered
Accountants Registration No. 110758 W Statutory
Auditor of the Company is going to retire at the
ensuing Annual General Meeting of the Company and
is eligible for re-appointment. The Company has invited
and received certificate from said firms of Chartered
Accountants under section 224(1B) of the Companies
Act, 1956, that if appointed their appointment will be
within the ceiling prescribed under the Act. Members
will be requested to appoint statutory auditors and to fix
their remuneration for the financial year 2013 - 14.

FOREIGN EXCHANGE
During the financial year 2012-13, Vidya Dairy has
imported Air Compressor and made payment of
28500/- (`1890975/- @ ` 66.35 per Euro)

The company has taken adequate insurance of fixed


assets and other insurable current assets.

FIXED DEPOSITS

of organizations. We take this opportunity to thank all


of them, namely,

National Bank for Agriculture


Development (NABARD).

Government of
Department).

Superintendent Engineer, Madhya Gujarat Vij


Company Ltd., Anand (MGVCL).

Gujarat Pollution (Air & Water) Control Board.

Charotar Gas for supplying uninterrupted natural


gas to Vidya Dairy.

Sardar Patel Renewable Energy Research Institute


(SPRERI)

Petrolium
(PCRA)

Gujarat Environmental Serivices Society (GESS)

Food & Drug Control Administration.

Regional

Det Norske Veritas (DNV-ISO Auditor).

Collector of Anand District, Anand.

District Police Authorities, District Development


Officers, Anand.

Factory Inspectorate.

The company has not accepted any fixed deposits.

DIRECTORS RESPONSIBILITY
STATEMENT
Pursuant to Section 217 (2AA) of the Companies Act,
1956, as amended by the Companies (Amendment)
Act 2000, the Directors confirm that: In the preparation
of the Annual Accounts for the Financial Year ended on
31st March, 2013, the applicable accounting standards
have been followed.
1. Appropriate accounting standards have been
applied consistently and have made judgments and
estimates that are reasonable and prudent so as to
give a true and fair view of the state of affairs
of the Company as on 31st March, 2013 and
of surplus for the period 1st April, 2012 to 31st
March 2013.
2. Proper and sufficient care has been taken for the
maintenance of adequate accounting records in
accordance with the provisions of the Companies
Act, 1956 for safeguarding the assets of the
Company and for preventing and detecting fraud
and other irregularities.

Gujarat

Conservation

(Animal

and

Rural

Husbandry

Research Association

Agmark Laboratory.

Boiler Inspectorate and Electrical Inspectorate.

Labour Office.

3. The annual accounts for the Financial Year


ended on 31st March 2013 have been prepared
on a going concern basis.

Sales Tax, Income Tax & Central Excise and


Service Tax Officers.

Regional Provident Fund Office, Employment


Exchange, Regional Apprenticeship Advisor.

ACKNOWLEDGEMENTS

Our achievements would have not been possible


without the continuous co-operation received from each
one of you who actively took part in our endeavour.
On behalf of the Board of Directors: We are grateful
to the Hon.Vice Chancellor of AAU, Chairman
of National Dairy Development Board (NDDB),
Chairman of Gujarat Co-operative Milk Marketing
Federation Ltd. (GCMMFL) and Chairman of Kaira
District Co-operative Milk Producers Union Ltd.
(KDCMPUL) for sparing the services of their officials
in the Board of Vidya Dairy. We are extremely grateful
to NDDB for extending Term Loan, KDCMPUL for
supply of quality milk and GCMMFL for continuous
efforts to help in improving the liquid milk market
and lifting of milk products. During the year, Vidya
Dairy received help and co-operation from a number

Indian Council of Agricultural Research, New Delhi.

Anand Agricultural University, Anand

Anand Municipality

Central Bank of India, Bank of Baroda, Dena Bank,


and HDFC Bank

We acknowledge with gratitude the support and


co-operation extended by the Faculty of Dairy
Science, Anand Agricultural University, Anand. We
acknowledge and thank all staff members who have
continued to provide efficient and effective service
to Vidya Dairy to strengthen external training
programmes for the dairy industry. Without their
expertise and efforts, Vidya Dairy would not have been
able to attain its goals for the fiscal year 2012-13.
Together, we will take this company to new heights
in 2013-2014 fiscal years. We take this opportunity
to thank our Milk distributors, Contractors, Consultants

Vidya Dairy Annual Report 2012-13

INSURANCE

29

Vidya Dairy Annual Report 2012-13

30

and Suppliers for their commendable and timely


service and support.

All the organizations who have sponsored the


participants in the extrnal training programmes.

We are also grateful to:

Guest Speakers as well as Guest Faculty of


Training Programmes for extending their help.

Last but not the least, we would like to place on


record the support received by Vidya Dairy from
its Board of Directors, Staff and Trainee students.

All District Milk Unions of Gujarat.

Institute of Rural Management, Anand (IRMA).

Indian Dairy
(IDMC).

National Co-operative Dairy Federation India


(NCDFI).

Chr-Hansen, Danisco, Lucid Colloids, Cryovac


(Sealed Air) & Ecolab, Larson & Toubro Ltd.,
Det Norske Veritas (DNV), Cipriani Harrison Ltd.
for conducting technical sessions for the student
trainees and external training programmes.

Machinery

Company

Ltd.,

For and on behalf of the Board


Date : 5th July, 2013
Place : Anand

B P Shah
Chairman
Vidya Dairy

Sweet Memories
of His Last Birthday

at Vidya Dairy (November 2011)

Vidya Dairy Annual Report 2012-13

Dr. V. Kurien
1921 2012

31

Vidya Dairy Annual Report 2012-13

32

Annual
Financial Statements
2012-13

To The Members of Vidya Dairy

Independent Auditors Report

Report on the Financial Statements


We have audited the accompanying financial statements of Vidya Dairy (the Company), which comprise the Balance Sheet as at March
31, 2013, and the Statement of Income and Expenditure and Cash Flow Statement for the year then ended, and a summary of significant
accounting policies and other explanatory information.
Managements Responsibility for the Financial Statements
Management is responsible for the preparation of these financial statements that give a true and fair view of the financial position, financial
performance and cash flows of the Company in accordance with the Accounting Standards referred to in sub-section (3C) of section 211 of
the Companies Act, 1956 (the Act). This responsibility includes the design, implementation and maintenance of internal control relevant to the
preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to
fraud or error.
Auditors Responsibility

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures
selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether
due to fraud or error. In making those risk assessments, the auditor considers internal controls relevant to the Companys preparation and fair
presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes
evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well
as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the financial statements give the information
required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in
India:
(a) In the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2013;
(b) In the case of Statement of Income and Expenditure, of the surplus for the year ended on that date; and
(c) In the case of the Cash Flow Statement, of the cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
1. Since the Company is licensed to operate under section 25 of the Companies Act, 1956, the matters as required by the Companies (Auditors
Report) Order, 2003 (the Order) issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act, 1956
are not applicable.
2. As required by section 227(3) of the Act, we report that:
a. We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose
of our audit;
b. In our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination
of those books;
c. The Balance Sheet, Statement of Income and Expenditure and Cash Flow Statement dealt with by this Report are in agreement with
the books of account;
d. In our opinion, the Balance Sheet, Statement of Income and Expenditure and Cash Flow Statement comply with the Accounting
Standards referred to in subsection (3C) of section 211 of the Companies Act, 1956 subject to;

i. Without qualifying our opinion, we draw attention to Note No 26 on Prior Period depreciation on Grant, wherein the company has
reviewed the treatment of depreciation on assets acquired through Capital Grants and observed that there was some mathematical
error in adjusting the amount of depreciation of earlier year with the amount of respective Capital Grant As a result, depreciation
on capital assets of prior year, has been debited to respective Capital Grant by crediting the same to prior period items - Prior
Period depreciation on grant. Due to such treatment, surplus for the year has been increased by ` 7,65,297/-, with corresponding
decrease in respective Capital Grants balance.
e. On the basis of written representations received from the directors as on March 31, 2013, and taken on record by the Board of
Directors, none of the directors is disqualified as on March 31, 2013, from being appointed as a director in terms of clause (g) of
sub-section (1) of section 274 of the Companies Act, 1956.
f. Since the Central Government has not issued any notification as to the rate at which the cess is to be paid under section 441A of the
Companies Act, 1956 nor has it issued any Rules under the said section, prescribing the manner in which such cess is to be paid, no
cess is due and payable by the Company.


For TALATI & TALATI


Chartered Accountants
(Firm Reg. No: 110758W)


Place : Ahmedabad
Date : 5th July, 2013

(Rajesh Somani)
Partner
(Membership No. 128642)

Vidya Dairy Annual Report 2012-13

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the
Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

33

VIDYA DAIRY

(A COMPANY REGISTERED UNDER SECTION 25 OF THE COMPANIES ACT, 1956)


AAU CAMPUS, ANAND

Balance Sheet as at 31st March, 2013

Vidya Dairy Annual Report 2012-13

Particulars

34

Note

Amount `
As at
31st Mar 2012

As at
31st Mar 2013

I. FUNDS AND LIABILITIES


(1) Funds
(a) Reserves and surplus

12,56,68,884
12,56,68,884

10,06,35,674
10,06,35,674

(2) Non - Current Liabilities


(a) Long-term provisions

(3) Current Liabilities


(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions

17,33,012
17,33,012

13,53,973
13,53,973

4
5
6
7

43,41,572
2,51,14,508
1,39,10,892
53,805
4,34,20,777

80,43,119
1,36,35,844
1,11,37,472
75,818
3,28,92,253

17,08,22,673

13,48,81,900

9,81,62,163

23,27,377
10,04,89,540
1,93,98,792
11,98,88,332

7,58,54,420
14,864
51,27,654
8,09,96,938
83,35,902
8,93,32,840

3,22,70,558
46,58,078
1,08,95,501
21,60,892
9,49,312
5,09,34,341

2,37,21,311
18,72,649
60,55,480
1,35,44,998
3,54,622
4,55,49,060

17,08,22,673

13,48,81,900

TOTAL
II. ASSETS
(1) Non-Current Assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress

(b) Long-term loans and advances

(2) Current Assets


(a) Inventories
(b) Trade receivables
(c) Cash and bank balance
(d) Short-term loans and advances
(e) Other current assets

10
11
12
13
14

TOTAL
Summary of significant accounting policies
1
The accompanying notes are an integral part of the financial statements
As per our separate Report of even date.
For, Vidya Dairy
For, Talati & Talati
Chartered Accountants
(Firm Reg. No. : 110758W)

V J PARMAR
Manager (F&A)

D R SHAH
Managing Director

B P SHAH
Chairman

Rajesh Somani
Partner
(Membership No. 128642)

R S SODHI
Director

S R CHAUDHARI
Director

RAHULKUMAR SRIVASATAVA
Director

Place : Ahmedabad
Date : 5th July, 2013

Place : Anand
Date : 5th July, 2013

VIDYA DAIRY

(A COMPANY REGISTERED UNDER SECTION 25 OF THE COMPANIES ACT, 1956)


AAU CAMPUS, ANAND

Amount `
Year ended on
31st Mar 2012
1,24,36,88,432
12,83,437
1,24,24,04,995

I. Income from operations (Gross)


Less : Excise duty
Income from operations (Net)

15

Year ended on
31st Mar 2013
1,38,26,85,411
27,34,536
1,37,99,50,875

II. Other income

16

10,30,812

9,51,385

1,38,09,81,687

1,24,33,56,380

1,12,66,74,677
8,80,61,239
(19,20,797)

1,03,20,67,299
5,95,34,690
(7,40,497)

9,99,78,201
2,20,13,793
6,00,246
78,92,707
5,43,198
73,49,509
2,33,46,783

8,66,40,220
1,90,02,920
7,33,976
76,38,466
14,64,546
61,73,920
1,93,79,858

1,36,61,03,651

1,22,27,92,386

1,48,78,036

2,05,63,994

7,65,297

1,56,43,333

2,05,63,994

Particulars

Note

III. Total income (I + II)


IV. Expenditure:
a. Cost of Raw materials consumed
b. Purchases of milk and milk products
c. Change in inventories of finished goods, stock in process
and stock in trade
d. Manufacturing expenses
e. Employee benefits expenses
f. Finance charges
g. Depreciation and amortisation
Less : Adjusted against grant received
Net depreciation & amortisation
h. Other expenses

17
18
19
20
21
8

22

Total expenses
V. Surplus before tax (III-IV)
VI. Tax expense:
Provision for taxation
VII. Prior period adjustment
Prior period depreciation on Grant

26

VIII. Surplus for the year (V-VI+VII)


Summary of Significant Accounting Policies
The accompanying notes are an integral part of the Financial Statement.

1
For, Vidya Dairy

As per our separate Report of even date.


For, Talati & Talati
Chartered Accountants
(Firm Reg. No. : 110758W)

V J PARMAR
Manager (F&A)

D R SHAH
Managing Director

B P SHAH
Chairman

Rajesh Somani
Partner
(Membership No. 128642)

R S SODHI
Director

S R CHAUDHARI
Director

RAHULKUMAR SRIVASATAVA
Director

Place : Ahmedabad
Date : 5th July, 2013

Place : Anand
Date : 5th July, 2013

Vidya Dairy Annual Report 2012-13

Statement of Income And Expenditure for the year ended 31st March, 2013

35

VIDYA DAIRY

(A COMPANY REGISTERED UNDER SECTION 25 OF THE COMPANIES ACT, 1956)


AAU CAMPUS, ANAND

Cash flow statement for the year ended 31st March, 2013
Year ended
31st March, 2013

Vidya Dairy Annual Report 2012-13

Particulars

36

Amount `
Year ended
31st March, 2012

A Cash flows From Operating Activities :Surplus before tax


1,48,78,036
2,05,63,994
Adjustments for :Depreciation and amortisation expenses
73,49,509
61,73,920
(Profit ) / Loss on sale of assets [ net ]
5,35,239
(1,29,977)
(Interest income )
(6,83,575)
(5,28,795)
Interest expenses
4,44,518
4,69,477
Total
76,45,691
59,84,625
Operating profit before working capital changes
2,25,23,727
2,65,48,619
Adjustments for :(Increase ) / Decrease in trade and other receivables
75,04,737
(2,56,130)
(Increase ) / Decrease inventories
(85,49,247)
(10,15,805)
Increase / ( Decrease ) in trade payables & other liabilities 1,46,09,110
(42,44,098)
Total
1,35,64,600
(55,16,033)
Cash generated from operations
3,60,88,327
2,10,32,586
(Direct taxes paid ) [ Net of refunds ]
(1,45,505)
(1,89,027)
Total
(1,45,505)
(1,89,027)
Net cash from operating activities
3,59,42,822
2,08,43,559
B Cash flows From Investing Activities :Interest received
6,83,575
5,28,795
Purchase of fixed assets
(2,80,33,379)
(2,37,10,496)
Capital advances
(1,04,18,135)
(17,32,458)
Proceeds from sale of fixed assets
1,07,203
1,52,935
Net cash from investing activities
(3,76,60,736)
(2,47,61,224)
C Cash flows From Financing Activities :Grant received
1,07,04,000
Increase / ( Decrease ) in short term borrowings
(37,01,547)
32,49,287
Interest paid
(4,44,518)
(4,69,477)
Net cash used in financing activities
65,57,935
27,79,810
Net Increase / (Decrease) in cash and bank balances
48,40,021
(11,37,855)
Cash and bank balances at the beginning of the year
Cash and Bank Balance
Cash and bank balances at the end of the year
Cash and Bank Balance

60,55,480
1,08,95,501

60,55,480
1,08,95,501

71,93,335
60,55,480

71,93,335
60,55,480

Notes to the Cash flow Statement

All figures in brackets are outflow.

The above cashflow statement has been prepared under the Indirect Method as set out in the Accounting Standard - 3 on Cash
Flow Statement issued by the Institute of Chartered Accountants of India.
The previous years figures have been regrouped wherever necessary.

For, Vidya Dairy

As per our separate Report of even date.


For, Talati & Talati
Chartered Accountants
(Firm Reg. No. : 110758W)

V J PARMAR
Manager (F&A)

D R SHAH
Managing Director

B P SHAH
Chairman

Rajesh Somani
Partner
(Membership No. 128642)

R S SODHI
Director

S R CHAUDHARI
Director

RAHULKUMAR SRIVASATAVA
Director

Place : Ahmedabad
Date : 5th July, 2013

Place : Anand
Date : 5th July, 2013

1.

SIGNIFICANT ACCOUNTING POLICIES

BASIS OF ACCOUNTING AND PREPARATION OF FINANCIAL STATEMENTS

The financial statements of the Company have been prepared in accordance with the Generally Accepted Accounting
Principles in India, to comply with the applicable mandatory Accounting Standards notified under the Companies (Accounting
Standards) Rules, 2006 (as amended) and the relevant provisions of the Companies Act, 1956. The accounting policies
adopted in the preparation of financial statements are consistent with those followed in the previous year, except wherever
specified.

USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles requires that management
make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
assets and liabilities on the date of the financial statements and the reported amounts of revenues and expenses during
the reporting period. Actual results could differ from those estimates.

FIXED ASSETS

Fixed assets are stated at cost (net of recoverable taxes) less accumulated depreciation and accumulated impairment
losses, if any.

Computer software costs are capitalized and recognized as intangible assets in terms of Accounting Standards - 26 on
intangible assets based on accounting prudence and significant economic benefits expected to flow there from for a period
longer than one year. Capitalized cost includes direct cost of implementation and expenses directly attributable to the
implementation.

The carrying amounts of Fixed Assets are reviewed at each Balance Sheet date to assess whether they are recorded in
excess of their recoverable amount which represents the greater of the net selling price of assets and their value in use
determined with reference to the estimated future cash flows from the respective assets, discounted to their present value
at the weighted average cost of capital.

DEPRECIATION AND AMORTIZATION

Depreciation has been provided on the straight-line method at the rates and in the manner specified in Schedule XIV of
the Companies Act, 1956. Depreciation on grant portion of the assets is adjusted to the grant account.

Computer Softwares are amortized over a period of 3 years as estimated by the management.

Fixed assets costing ` 5,000/- or less are fully depreciated in the year of purchase.

PRIOR PERIOD AND EXTRA ORDINARY ITEMS

Prior period and extraordinary items are accounted in accordance with Accounting Standard - 5. Transactions arising out
of errors or omissions which are considered as material are accounted under prior period transactions.

INVENTORIES

Inventories are valued at lower of cost or net realizable value. The basis of determining cost for various categories of
inventories is as follows:

1.

Raw materials

on moving average cost

2.

Stock-in-process

at absorption cost

3.

Finished goods

at absorption cost

4.

Stock in trade

on moving average cost

5.

Stores and spares

on moving average cost

REVENUE RECOGNITION

Revenue from sale of goods is recognized on transfer of significant risks and rewards of ownership in the goods to the
buyer which is generally at the time of dispatch to the customer. Sales are recorded net of returns (if any), trade discounts,
rebates, other pricing discounts to trade/consumer and value added tax/sales tax.

Interest Income is recognized on a time proportion basis.

Revenue from educational services is recognized over the period of the course programme.

Vidya Dairy Annual Report 2012-13

NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2013

37

Vidya Dairy Annual Report 2012-13

38

FOREIGN CURRENCY TRANSACTIONS

Foreign currency transactions are recorded in the reporting currency by applying to the foreign currency amount exchange
rate between the reporting currency and the foreign currency at the date of the transactions.

Foreign currency monetary items are reported using closing rate. Non monetary items which are carried in terms of
historical cost denominated in foreign currency are reported using the exchange rate at the date of transaction.

Exchange difference arising on the settlement of monetary items or/on reporting a companys monetary items at rates
different from those at which they were initially recorded during the year or reported in previous financial statements are
recognized as income or an expense in which they arise.

GRANTS

Grants are recognized when there is reasonable assurance that the grant will be received and all attaching conditions will
be complied with. In case of capital grant related to depreciable assets, the cost of the asset is shown at gross value and
the grant thereon is treated as capital grant which is disclosed under the head Reserves and Surplus. Amount equivalent
to depreciation provided on such assets is transferred from such Reserves to Income and Expenditure Account at the year
end.

RETIREMENT BENEFITS


i)

Short Term:
Short Term employee benefits are recognized as an expense at the undiscounted amount expected to be paid over
the period of services rendered by the employees to the company.


ii)

Long Term:
The Company has both defined contribution and defined benefit plans, of which some have assets in approved funds.
These plans are financed by the Company in the case of defined contribution plans.


iii) Defined Contributions Plans:

These are plans in which the Company pays pre-defined amount to separate funds and does not have any legal
or informal obligation to pay additional sums. These comprise of contributions to Employees Provident Fund and
Superannuation Fund. The Companys payments to the defined contribution plans are reported as expenses during
the period in which the employee performs the services that the payment covers.

iv) Defined Benefit Plans:

Expenses for defined benefit gratuity plans are calculated as at the balance sheet date by independent actuary in
the manner that distributes expenses over the employees working life. These commitments are valued at the present
value of the expected future payments, with consideration for calculated future salary increases, using a discounted
rate corresponding to the interest rate estimated by the actuary having regard to the interest rate on Government
Bonds with a remaining term i.e. almost equivalent to the average balance working period of employees.

v)

Other Employee Benefit:


Compensated absences which accrue to employees and which can be carried to future periods but are expected
to be encashed or availed in twelve months immediately following the year end are reported as expenses during
the year in which the employees perform the services that the benefit covers and the liabilities are reported at the
undiscounted amount of the benefits after deducting amounts already paid.

BORROWING COST

Borrowing costs are recognized in the period to which they relate, regardless of how the funds have been utilized, except
where it relates to the financing of construction or development of assets requiring a substantial period of time to prepare
for their intended future use. Interest on borrowings if any is capitalized up to the date when the asset is ready for intended
use. The amount of interest capitalized for the period is determined by applying the interest rate applicable to appropriate
borrowings.

PROVISION, CONTINGENT LIABILITIES AND CONTINGENT ASSETS

A provision is recognized when the Company has a present legal or constructive obligation as a result of past event and
it is probable that an outflow of resources will be required to settle the obligation, in respect of which reliable estimate can
be made. Provisions (excluding long term benefits) are not discounted to its present value and are determined based on
best estimate required to settle the obligation at the balance sheet date. These are reviewed at each balance sheet date
and adjusted to reflect the current best estimates. Contingent liabilities are not recognized but are disclosed in the notes
to Financial Statements. A contingent asset is neither recognized nor disclosed.

2. RESERVES AND SURPLUS

Amount `
As at
31st March, 2013

(a)

As at
31st March, 2012

Grants for Capital Assets


(I) From National Dairy Development Board (NDDB)
Opening balance

69,43,701

83,56,481

Less : Adjusted towards depreciation of prior years (Refer note : 26)

(7,65,297)

Less : Adjusted against depreciation for the year

(4,91,751)

(14,12,780)

56,86,653

69,43,701

2,13,258

2,50,183

(5,628)

(36,607)

(36,925)

1,71,023

2,13,258

Opening balance

1,30,068

1,44,908

Less : Adjusted against depreciation for the year

(14,840)

(14,840)

1,15,228

1,30,068

7,04,000

7,04,000

7,04,000

1,00,00,000

1,00,00,000

1,00,00,000

Opening balance

9,33,48,647

7,27,84,653

Add : Surplus for the year

1,56,43,333

2,05,63,994

10,89,91,980

9,33,48,647

12,56,68,884

10,06,35,674

Opening balance
Less : Adjusted towards assets sold /written off during the year
Less : Adjusted against depreciation for the year

(III) From Sardar Patel Renewable Energy Research Institute (SPRERI)

(IV) From National Bank for Agriculture and Rural Development


(NABARD)
Opening balance
Add : Received during the year

Less : Adjusted against depreciation for the year

(V) From Rastriya Krishi Vikas Yojana (RKVY)


Opening balance
Add : Received during the year

Less : Adjusted against depreciation for the year

(b)

Surplus in Statement of Income and Expenditure

Net surplus in statement of income and expenditure


TOTAL

Vidya Dairy Annual Report 2012-13

(II) From Agriculture and Processed Food Products


Export Development Authority (APEDA)

39

3.

LONG-TERM PROVISIONS

Amount `
As at
31st March, 2013

As at
31st March, 2012

Provision for employee benefits


Leave encashment
TOTAL

4.

17,33,012

13,53,973

17,33,012

13,53,973

SHORT-TERM BORROWINGS

Amount `
As at
31st March, 2013

Cash credit from a bank (secured)


TOTAL

As at
31st March, 2012

43,41,572

80,43,119

43,41,572

80,43,119

Vidya Dairy Annual Report 2012-13

Nature of security:
The above cash credit from HDFC Bank Ltd is secured by first pari passu charge against hypothecation of all stock and
book debts, both present and future.

5.

TRADE PAYABLES

Amount `
As at
31st March, 2013

As at
31st March, 2012

Sundry Creditors :
a) Micro and small enterprises (Refer note : 25)
b) Others

40

TOTAL

6.

14,88,402

4,29,947

2,36,26,106

1,32,05,897

2,51,14,508

1,36,35,844

OTHER CURRENT LIABILITIES

Amount `
As at
31st March, 2013

(a) Advance from customers

4,12,742

7,53,482

(b) Security and tender deposits

84,14,988

72,03,276

(c) Other liabilities

50,83,162

31,80,714

1,39,10,892

1,11,37,472

TOTAL

7.

As at
31st March, 2012

SHORT-TERM PROVISIONS

Amount `
As at
31st March, 2013

Provision for leave encashment


TOTAL

As at
31st March, 2012

53,805

75,818

53,805

75,818

37,55,814

39,77,790

Internal electrification

Furniture and fixtures

15,73,836

SUB TOTAL

18,32,19,525

PREVIOUS YEAR :

1,87,08,189

3,08,33,656

3,66,554

3,66,554

3,04,67,102

25,793

12,72,989

2,59,475

1,75,824

2,35,56,818

51,76,203

Additions
during the
year

1,14,270
75,11,289

3,81,418
3,81,418

78,92,707
76,38,466

33,21,510
30,12,724
67,02,150
4,71,236

15,58,972

42,35,149
1,75,02,397
9,73,835

19,20,486 22,80,42,760 12,36,41,724

15,58,972

38,53,656

19,40,390
19,40,390

19,20,486 22,99,83,150 12,52,00,696


8,57,734 20,10,69,980 11,83,97,007

3,13,689

38,227

2,116

77,982

8,73,58,566

14,88,472 14,22,21,679

11,91,481

1,73,439

1,24,219

42,73,281

16,34,599

2,27,75,538

5,92,56,044

As At
1-Apr-2012
For the year

Vidya Dairy Annual Report 2012-13

NET BLOCK

Amount `

4,38,801

78,59,695

31,84,047

33,67,747

9,06,20,170

2,44,10,137

19,40,390

19,40,390

51,27,654

23,27,377

8,34,777 12,52,00,696

8,09,96,938

8,09,96,938

14,864

14,864

7,58,54,420

7,90,495

95,65,485

9,65,066

4,34,304

3,27,94,767

3,13,04,303

9,81,62,163

5,35,034

96,42,702

10,51,102

4,85,909

5,16,01,509

3,48,45,907

12,72,416 13,18,20,987 10,04,89,540

12,72,416 12,98,80,597

1,46,705

33,936

2,116

77,982

10,11,677

Adjustments
As At
As At
As At
during the
31-Mar-2013 31-Mar-2013 31-Mar-2012
year

DEPRECIATION / AMORTISATION
As At
31-Mar-2013

Adjustments
during the
year

GROSS BLOCK (AT COST)

NOTE : The plant has been set up on an area of about 20 acres land allocated to dairy by the Gujarat Agricultural University.

20,10,69,980

GRAND TOTAL

Capital work-in-progress

15,73,836

19,94,96,144

12,61,731

Software

INTANGIBLE ASSETS

SUB TOTAL

Vehicles

1,62,67,635

12,01,53,333

Plant and equipments

Office equipments

5,40,79,841

As At
1-Apr-2012

Buildings

TANGIBLE ASSETS

PARTICULARS

8 FIXED ASSETS

41

9.

LONG TERM LOANS & ADVANCES

Amount `
As at
31st March, 2013

As at
31st March, 2012

Secured, Considered Good


(a) Advances given for capital goods

1,40,00,000

5,06,155

1,40,00,000

5,06,155

52,418

31,28,128

(b) Advance tax and tax deducted at source

30,08,661

28,63,156

(c) Electricity and other security deposits

23,37,713

18,38,463

53,98,792

78,29,747

1,93,98,792

83,35,902

Unsecured, Considered Good


(a) Advances given for capital goods

TOTAL

10. INVENTORIES

Amount `

Vidya Dairy Annual Report 2012-13

As at
31st March, 2013
(a) Raw materials

As at
31st March, 2012

59,88,442

46,20,553

1,35,660

(c) Stock in process

35,92,856

14,44,067

(d) Finished goods

94,45,918

1,00,40,202

(e) Stock in trade

5,72,819

2,06,527

1,18,24,335

68,86,916

7,10,528

5,23,046

3,22,70,558

2,37,21,311

(b) Raw material in transit

(f) Stores and spares


(g) Stores and spares in transit

42

TOTAL

11. TRADE RECEIVABLES

Amount `
As at
31st March, 2013

As at
31st March, 2012

(a) Trade receivables outstanding for a period more than six months
from the date they became due
(i) Secured, considered good

40,369

40,369

(ii) Unsecured, considered good

25,973

1,00,156

1,80,208

1,80,208

2,46,550

3,20,733

1,80,208

1,80,208

66,342

1,40,525

(i) Secured, considered good

18,28,512

11,49,679

(ii) Unsecured, considered good

27,63,224

5,82,445

45,91,736

17,32,124

46,58,078

18,72,649

(iii) Unsecured, considered doubtful


Less : Provision for doubtful debts
(b)

Others

TOTAL

(a)

(b)

As at
31st March, 2013

Cash and cash equivalent:


Balance with bank
Cash on hand
Cheques on hand
Other bank balance
Term deposit with maturity of more than 12 months
TOTAL

13. SHORT-TERM LOANS AND ADVANCES

(a)
(b)
(c)
(d)
(e)

Loans and advances to others Unsecured, considered good


Advances to suppliers
Other advances recoverable in cash or in kind or for value to be received
Prepaid expenses
Employee advances
Deposits with central excise
TOTAL

14. OTHER CURRENT ASSETS


(a)
(b)

Interest receivable
Employees benefit scheme (gratuity)
TOTAL

15. INCOME FROM OPERATIONS


(a)
(b)
(c)

62,48,934
3,44,732
29,72,647

43,83,361
4,98,659
-

13,29,188

11,73,460

1,08,95,501

60,55,480

As at
31st March, 2013

Amount `
As at
31st March, 2012

13,30,673
1,21,433
5,93,760
17,686
97,340

1,22,40,870
8,14,089
4,62,036
23,486
4,517

21,60,892

1,35,44,998

Amount `
As at
As at
31st March, 2013 31st March, 2012
2,39,739
2,14,880
7,09,573
1,39,742
9,49,312

3,54,622

Amount `
Year ended on
Year ended on
31st March, 2013 31st March, 2012
1,37,77,70,027
1,24,08,01,609
26,79,124
21,43,862

Sale of products (Gross)


Training fees
Other operating income
- Scrap sales
- Conversion charges
TOTAL

16. OTHER INCOME


(a)
(b)
(c)
(d)
(e)

Amount `
As at
31st March, 2012

Interest received from banks


Interest received from others
Miscellaneous income
Net gain on exchange rate fluctuations
Profit on sale of fixed assets
TOTAL

14,16,203
8,20,057

7,42,961
-

1,38,26,85,411

1,24,36,88,432

Amount `
Year ended on
Year ended on
31st March, 2013 31st March, 2012
4,87,567
4,21,014
1,96,008
1,07,781
3,28,712
1,89,587
18,525
1,03,026
1,29,977
10,30,812

9,51,385

Vidya Dairy Annual Report 2012-13

12. CASH AND BANK BALANCES

43

17. COST OF RAW MATERIALS CONSUMED

Amount `
Year ended on
31st March, 2012

Year ended on
31st March, 2013
Raw Materials Consumed

1,12,66,74,677

1,03,20,67,299

1,08,42,34,743

99,73,03,817

2,14,71,456

1,19,73,703

Sugar

50,00,072

35,39,143

Cake

20,98,708

20,44,674

Kaju

95,78,280

1,23,14,877

Others

42,91,418

48,91,085

1,12,66,74,677

1,03,20,67,299

Value

Percentage

1,12,66,74,677

1,03,20,67,299

100.00%

100.00%

a. Raw materials consumed in broad heads :


Raw chilled milk

Vidya Dairy Annual Report 2012-13

Skimmed milk powder

44

TOTAL

b. Value of indigenous and imported raw materials consumed during the year :

Imported

Indigenous

Value
Percentage

18. CHANGE IN INVENTORIES OF FINISHED GOODS, STOCK IN PROCESS AND STOCK IN TRADE
Year ended on
31st March, 2013
(a)

Year ended on
31st March, 2012

Closing stock
Finished goods

94,45,918

1,00,40,202

Stock in process

35,92,856

14,44,067

5,72,819

2,06,527

1,36,11,593

1,16,90,796

1,00,40,202

96,06,536

14,44,067

12,38,223

2,06,527

1,05,540

1,16,90,796

1,09,50,299

(19,20,797)

(7,40,497)

Stock in trade
(b)

Amount `

Less : Opening stock


Finished goods
Stock in process
Stock in trade

TOTAL

19. MANUFACTURING EXPENSES

Amount `

(a)

Packing materials consumed

(b)

Stores and spares consumed

1,09,89,203

22,06,405

(c)

Power and fuel

2,49,60,878

2,41,78,836

(d)

Labour charges

1,26,15,152

1,06,93,707

(e)

Repairs to
- Plant and equipments

28,17,550

71,62,453

- Building

36,72,219

20,17,564

- Others

7,34,938

22,38,425

(f)

Laboratory expenses

1,00,357

3,53,122

(g)

Effluent treatment expenses

41,406

1,04,681

(h)

Excise duty (Difference between excise duty on opening and closing stock
of finished goods)

27,786

17,168

9,99,78,201

8,66,40,220

1,09,89,203

22,06,405

100.00%

100.00%

TOTAL
a. Value of indigenous and imported stores,tools and spares consumed during
the year :
Imported
Value
Percentage
Indigenous

Value
Percentage

20. EMPLOYEE BENEFITS EXPENSE

Amount `
Year ended on
Year ended on
31st March, 2013 31st March, 2012
1,92,61,708
1,62,46,692

(a)

Salaries, wages and exgratia

(b)

Contribution to provident and other funds

(c)
(d)

15,75,449

14,47,690

Gratuity

3,25,484

3,82,949

Employee welfare expenses

8,51,152

9,25,589

2,20,13,793

1,90,02,920

TOTAL

21. FINANCE CHARGES

(a)

Interest expenses

(b)

Bank charges

Amount `
Year ended on
Year ended on
31st March, 2013 31st March, 2012
4,44,518
4,69,477

TOTAL

1,55,728

2,64,499

6,00,246

7,33,976

Vidya Dairy Annual Report 2012-13

Year ended on
Year ended on
31st March, 2013 31st March, 2012
4,40,18,712
3,76,67,859

45

22. OTHER EXPENSES

Vidya Dairy Annual Report 2012-13

(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)

Year ended on
31st March, 2013

Expenditure on students
Sales and distribution expenses
Telephone, Postage, Printing and stationery
Insurance
Rent
Rates and taxes
Travelling expenses and conveyance
Legal and professional charges
Audit fees (Refer note : 31)
Vehicle running expenses
Training expenses
Loss on sale of fixed assets (net)
Gardening expenses
Security expenses
General charges
TOTAL

Amount `
Year ended on
31st March, 2012

23,87,906
1,04,07,267
10,82,511
9,44,881
6,11,410
5,527
2,79,359
3,47,545
1,01,124
4,64,384
9,15,591
5,35,239
10,96,455
22,18,509
19,49,075

24,48,240
79,74,477
10,09,317
7,61,017
5,30,820
21,650
3,13,096
1,92,889
3,85,031
4,00,237
2,94,980

10,80,692
14,84,390
24,83,022

2,33,46,783

1,93,79,858

23. The project Vidya Dairy is set up as per the Memorandum of Understanding dated 30th August 1990 between Gujarat

Agricultural University and National Dairy Development Board as a Model Dairy Plant suitable for scale up of products and
processes developed. The main object of this Dairy is to train the B-Tech students from Dairy Science College, Anand.
As per one of the terms of the Memorandum of Understanding between Gujarat Agricultural University and National Dairy
Development Board, financial assistance by way of 70% Loan and 30% Grant was provided by National Dairy Development
Board to Vidya Dairy. Loan was repaid in the year 2004-05.

Vidya Dairy has been accorded the status of section 25 Company by letter reference No. RD 25 (25) N/11/97/2390 dt.
15/05/1998 from the Government of India, Ministry of Finance, Department of Company Affairs, Western Region. The
Registrar of Companies Gujarat Dadra & Nagar Haveli has issued the Certificate of Incorporation to the Vidya Dairy as
a Limited Company on 10th June 1998. The Registration No. of the Company is 04-34249 of 1998-99.

The Company is granted registration u/s. 12AA of the Income Tax Act 1961, vide order no. BRD/AA-II(MU)/12A/(110)/(100V)/2007-08/310 dated 14/07/08 by the Commissioner of the Income Tax II, Vadodara from the financial year 2007-08.

46

24. Contingent Liabilities and commitments:



(a) Contingent Liabilities not provided in respect of:
i) Claims against the dairy lodged by workers of the contractors and Government Authorities not acknowledged as
debts (amount unascertainable).

(b) Commitments :
i) Estimated amount of contracts remaining to be executed on Capital Account and not provided for (net of advance)
` 3,79,23,122/- (P.Y. ` 1,23,85,704/-).
25. The information as required to be disclosed under the Micro, Small and Medium Enterprises Development Act, 2006 and

provided in Schedule C (1) has been given in respect of only those suppliers who have intimated the company that they
are registered as micro and small enterprises. As delayed payment, if any, have not been determined, no interest has been
paid or accrued in the books. Considering the volume and payment cycle such amount is not considered to be significant.

26. During the year, the company has reviewed the treatment of depreciation on assets acquired through Capital Grants and

observed that there was some mathematical error in adjusting the amount of depreciation of earlier year with the amount
of respective Capital Grant As a result, depreciation on capital assets of prior year, has been debited to respective Capital
Grant by crediting the same to prior period items Prior Period depreciation on grant. Due to such treatment, surplus for
the year has been increased by ` 7,65,297/-, with corresponding decrease in respective Capital Grants balance.

27. The Company is registered u/s. 12AA of the Income Tax Act, 1961 from the financial year 2007-08 and its income is exempt
u/s. 11 of the Income Tax Act, hence no provision for Income Tax is required to be made in the books.

28. Employee Benefits: Disclosures as required by AS 15 (revised 2005) Employee Benefit is as


under. Defined Benefit Plans

Amount `

(i) Expenses recognized in


Statement of income and expenditure
Current service cost
Interest cost
Expected return on plan assets
Net actuarial loss
Total expenses
(ii) Reconciliation of opening and closing balances
of changes in present value of the defined benefit
obligation.
Opening defined benefit obligation
Service cost
Interest cost
Actuarial loss
Loss (gain) on curtailments
Liabilities extinguished on settlements
Less :Benefits paid
Closing defined benefits obligation
(iii) Reconciliation of opening and closing balances of
charges in fair value of plan assets
Opening fair value of plans assets
Expected return on plan assets
Actuarial gain and (loss)
Assets distributed on settlements
Contribution by employer
Benefits paid
Closing balance of fair value of plan assets
(iv) Net liability/(Asset) recognized in the balance sheet
Defined benefit obligation
Fair value of plan assets
Present value of unfunded obligation recognized as liability /
(asset)
(v) Actuarial Assumption
Discount rate
Expected rate of return on plan assets
Expected rate of salary increase
Mortality
Withdrawal rates
Retirement age
Actuarial valuation method

31st March, 2013


Gratuity
Leave
Encashment

31st March, 2012


Gratuity
Leave
Encashment

2,40,706
1,58,514
(2,44,180)
1,70,444
3,25,484

2,28,534
1,17,635
--2,94,179
6,40,348

2,05,545
1,40,959
(1,15,860)
1,52,305
3,82,949

1,94,898
1,03,524
--1,51,196
4,49,618

19,26,660
2,40,706
1,58,514
1,70,444
----92,706
24,03,618

14,29,791
2,28,534
1,17,635
2,94,179
----2,83,322
17,86,817

16,10,959
2,05,545
1,40,959
1,52,305
----1,83,108
19,26,660

11,83,137
1,94,898
1,03,524
1,51,196
----2,02,964
14,29,791

20,66,402
2,44,180
----8,95,315
(92,706)
31,13,191

24,03,618
31,13,191
(7,09,573)

--------------
17,86,817
--17,86,817

--1,15,860
----20,36,828
(86,286)
20,66,402

19,26,660
20,66,402
(1,39,742)

--------------
14,29,791
--14,29,791

2012-13
8.25%
9.43%
5.00%
LIC (1994-96) published
table of rates
3% at younger age reducing
to 1% at older age
58 years
Projected Unit Credit Method

2011-12
8.75%
9.00%
5.00%
LIC (1994-96) published
table of rates
3% at younger age reducing
to 1% at older age
58 years
Projected Unit Credit Method

Vidya Dairy Annual Report 2012-13

47

(vi) Past five years data for defined benefit obligation and fair value of plan assets are as under :

Particulars

2011-12

2010-11

2009-10

Present value of defined benefit obligation at the end of the


year (independent actuary)

19,26,660 16,10,959 12,25,795 10,75,057

Fair value of plan assets at the end of the year

20,66,402

Net liabilities at the end of the year


Defined contribution plans:

(1,39,742) 16,10,959 12,25,795 10,75,057

2008-09

2007-08
8,00,252
8,00,252

` 15,75,449/- (previous year ` 14,47,690/-) being contribution towards provident fund and superannuation fund is recognized
as an expenses in statement of income and expenditure (refer note no. 20).

29. Segment Reporting

Vidya Dairy Annual Report 2012-13

48

The Company is engaged primarily in manufacture and sale of Milk and Milk products which are not subject to different
risk and reward. In terms of AS -17 on Segment Reporting the company neither has more than one business segment
nor more than one geographical segment requiring separate disclosure as there is no more distinguishable component or
economic environment of an enterprise engaged in providing individual product or service or a group of related products
or service and the same is not subjected to different risks and returns either of business or geographical segments.

30. Related Party Disclosure


Related Party Disclosures as required by Accounting Standard (AS) 18 are given below:


A) Name of the related parties and nature of relationships:
(i) Enterprises which have significant influence over the Vidya Dairy
(a) G.C.M.M.F. Ltd, Anand.
(b) Kaira D.C.M.P.U.Ltd, Anand.
(ii) Enterprise where the Key Managerial Personnel have a significant influence:
(a) SMC College of Dairy Science
(iii) Key Managerial Personnel:
(a) Dr. B P Shah - Chairman
(b) Mr. D R Shah - Managing Director

B) Nature of transactions:
Amount `

Particulars

Enterprise where the Key


Managerial Personnel
Key Managerial Personnel
have a significant
influence
Payable
Receivable
Outstanding
Transaction
Transaction
as on
as on
as on
Value
Value
31/03/2013
31/03/2013
31/03/2013

Enterprises which have


significant influence over the
Vidya Dairy
Transaction
Value

1) Purchases of Materials / Finished goods


1,12,71,62,754
G.C.M.M.F.Ltd., Anand
1,05,89,68,161
8,59,21,698
Kaira.D.C.M.P.U.Ltd., Anand
5,22,37,509
2) Sales of Materials / Finished goods
22,24,40,554
G.C.M.M.F.Ltd, Anand
24,79,83,347
2,24,21,272
Kaira.D.C.M.P.U.Ltd, Anand
4,13,94,084
S.M.C.College of Dairy Science,
Anand
-

18,92,575
86,18,137
53,34,353
29,01,028
-

6,84,576
5,51,489

98,042
1,12,318

3) Services Provided
5,23,800
5,23,900
2,37,927
2,76,736

G.C.M.M.F.Ltd, Anand
Kaira.D.C.M.P.U.Ltd, Anand
4) Services Received

Kaira.D.C.M.P.U.Ltd, Anand
5) Remuneration paid to MD
Mr. D.R. Shah

5,44,600
4,80,827

13,90,234
11,45,959

Previous years figures are shown in (Bold)

31. Auditors Fees and expenses include Remuneration.

Amount `

Year ended on
31st Mar 2013

Year ended on
31st Mar 2012

1,01,124/-

1,01,124/-

For Tax Audit

22,060/-

For Taxation matters

2,48,175/-

For other services

13,483/-

For reimbursement of expenses

189/-

Particulars
As Auditors- Statutory Audit

32. C.I.F. value of imports.


Amount `
Particulars
Spares
Capital Goods

Year ended on
31st Mar 2013

Year ended on
31st Mar 2012

18,90,975/ -

49,04,900/-

33. Expenditure in foreign currency

NIL

NIL

34. Earnings in foreign currency (FOB value)

NIL

NIL

35. Previous years figures have been regrouped / reclassified wherever necessary to correspond with the current years
classification / disclosure.

For, Vidya Dairy

As per our separate Report of even date.


For, Talati & Talati

V J PARMAR

D R SHAH

B P SHAH

Chartered Accountants

Manager (F&A)

Managing Director

Chairman

R S SODHI

S R CHAUDHARI

RAHULKUMAR SRIVASATAVA

Director

Director

Director

(Firm Reg. No. : 110758W)


Rajesh Somani
Partner
(Membership No. 128642)
Place : Ahmedabad

Place : Anand

Date : 5th July, 2013

Date : 5th July, 2013

Vidya Dairy Annual Report 2012-13

49

Vidya Dairy Annual Report 2012-13

List of the Participants who attended the Training Programme on


Dairy Technology for Non-Dairy Technologists

50

ID.
NO
1607
1608
1609
1610
1611
1612
1613
1614
1615
1616
1617
1618
1619
1620
1621
1622
1623
1624
1625
1626
1627
1628
1629
1630
1631
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1647
1648
1649
1650
1651
1652
1653
1654
1655
1656
1657
1658
1659

Name
Jayeshbhai RajubhaiUbbel
Bharatbhai Nindabhai Patel
Baral Ghanshyambhai Manubhai
Panot Sharadkumar Dalsukhbhai
Patel Vasudev Purushottamdas
Patel Hirenkumar R
Patel Hirenkumar R
Karnavat Bhaveshkumar Becharbhai
Pinak R. Kharon
Parmar Arvindbhai Sanabhai
Kishore M. Gohel
Gohel Yogeshbhai Chimanbhai
Babubhai Chotubhai Patel
Hemant Narayan Patil
Jagdishkumar P. Chaudhari
Mistry Jaykant K.
Sumit R. Patel
Chaudhari Jeevrambhai K
Patel Jatinkumar Nareshbhai
Patel Manish Haribhai
Patel Vijaykumar Ramanbhai
Judal Sailesh Valjibhai
Jeevan Kumar L.P
Prashanth H.S
Abhishek Dhyan Das Vaishnava
Kulkarni Amit Prabhakar
Balwinder Singh Sidhu
Prakash M. Joshi
Mandip Singh Talwar
Subashis Kundu
Susanta Kumar Mishra
Mayank R. Bhute
Sambhaji R. Jamdade
K. Vijayakumar
Vipin Jain
Kuntal Sharma
Chokshi Sandipkumar
Sachin M. Deshmukh
Ashwin Nandlal Ganatra
R.Viswanathan
Sunny Bharatkumar Patel
Muralidhar R. Giribhattanavar
Nitin Laxmikant Moghe
Pathan Mohmmad Rafik Bugdadkhan
Asfaquemiya Y. Malek
Vikas Pawankumar Bansal
Saju Thankachan
Babu B N
M M Kanthraj
G P Nagaraju
Sureshbhai Dohjibhai Chaudhari
Chaudhary Sureshbhai Jitubhai
Kalpesh Narsinha Patel

ORGANIZATION
Sarvottam Dairy
Valsad Dairy
Sarvottam Dairy
Sarvottam Dairy
Sabar Dairy
Vidya Dairy
Sabar Dairy
Banas Dairy
Banas Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Valsad Dairy
Goma Engg Pvt. Ltd.
Dudhmansagar Dairy
KDCMPUL
KDCMPUL
Dudhmansagar Dairy
Vidya Dairy
Sabar Dairy
Sabar Dairy
Banas Dairy
Hassan Co-operative
Hassan Co-operative
Mambasha Industrial
Inoxpa India Pvt. Ltd
Punjab State Co-op.
Vasudhara Dairy
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
GCMMFL
Vidya Dairy
Private Dairy Farm
B-904, Green Avenue
KDCMPUL
Hassan Dairy
Hassan Dairy
MANMUL
Banas Dairy
Banas Dairy,
Banas Dairy,

Group photo of Dairy Technology for


Non-Dairy Technologists

ID.
NO
1660
1661
1662
1663
1664
1665
1666
1667
1668
1669
1670
1671
1672
1673
1674
1675
1676
1677
1678
1679
1680
1681
1682
1683
1684
1685
1687
1688
1689
1690
1691
1692
1693
1694
1695
1696
1697
1699
1670
1671
1672
1673
1674
1675
1678
1679
1680
1681
1685
1682
1683
1684
1686

Name
Virender Pal
Avinash Chauhan
Arun Viswanathan S.K.
Humeera Tazeen
Patel Sanjaykumar R.
Patel Sanjaykumar S.
Sagar Anandrao Patil
Nikunj D.Kapatel
Dipesh Raja
Raja Rajendra Jayantilal
Pandya Sharadbhai Nanjibhai
Macwan Kishorekumar Kanjibhai
Kuwadiya Kantibhai Ranabhai
Dabhi Sanjay Budhabhai
Patel Hardikkumar Rashiqbhai
Desai Ramjibhai Maljibhai
Varsani Hitesh Vitthalbhai
Shankar H. Modi
Dilipbhai K Bhaldhania
Bariya Ashokumar Devjibhai
Jitendra M. Chauhan
Vaghela Bhagubhai Shivabhai
Solanki Raisinhbhai Budhabhai
Himanshu Shrimali
Kapatel Rashit Ashokbhai
Vikramsinh Yadav
H N Prakash
Chetan Balasaheb Nalawade
Kunal Rao
Dhaval A. Panchal
Prakash A, Makwana
Ranjeet Kumar
Ketul K. Sheth
Dr. Vimal Madhukant Ramani
Mandar Mukund Pitke
Nikhil Raja
T N Radhakrishna
Suraj Sukumar Patil
Satyendra Kumar Singh
Deepank Verma
Sachin Pathak
Nikhil Bohra
Vijay Gangji Gada
Sibi K. Oommen
Pradip Layek
Sasi P B
Sagar S.
Raghavan K. K.
Ajith J. John
Devendra Singh Bisht
Pradeep Chauhan
Ashok Shankargoud Patil
Kapil Gupta

ORGANIZATION
Mount Kailash Food
Mount Kailash Food
ABT Industries Ltd
ABT Industries Ltd
Sabar Dairy
Sabar Dairy
Gokul Dairy
Vidya Dairy
Raja Dairy Products
Raja Dairy Products
Sarvottam Dairy
Sarvottam Dairy
Sarvottam Dairy
Vi-Malanka
Sabar Dairy
Sabar Dairy
Rajkot Dairy
Dudhdhara Dairy
Rajkot Dairy
Ghanshyam Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Indian Dairy
Indian Dairy
Indian Dairy
Hassan Co-op. Milk
Molacha
SJM Polytechnic
NDDB
NDDB
IDMC Ltd
IDMC Ltd
Student Welfare
INOXPA INDIA PVT.
Raja Dairy Products
Hassan Co-op. Milk
Raymonds
IDMC Ltd.
IDMC Ltd.
IDMC Ltd.
IDMC Ltd.
Private Dairy
GS Associates
NDDB
MRCMPU Ltd.
MRCMPU Ltd.
MRCMPU Ltd.
MRCMPU Ltd.
Mother Dairy Fruit &
Mother Dairy Fruit &
Karnataka Milk Fed.
Dabon International

Group photo of Management of Bulk


Milk Cooling System

List of the Participants who attended the Training Programme on


"Sensory Evaluation of Milk and Milk Products"
Name
S.M.Shankar
Tata Ravisankar
Chidambar Kulkarni
Brijesh D. Desai
Patel Nileshkumar Ashokbhai
Patel Dilipkumar S
Mohit Radadia
Viren Savaliya
Sonali Parekh
Patel Krunal M
Thacker Harsh M.
Bhut Chandresh Madhubhai
Chhasatiya Randipsinh Ranjitsinh
Raghuveer K. Gudi

ORGANIZATION
Dharwad Milk Union
Sangam Dairy
Dharwad Milk Union
NDDB
Amul Dairy
Baroda Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Dharwad Milk Union

ID.
NO
157
158
159
160
161
162
163
164
165
166
167
168
169
170

Name
Ramanath K. Patil
Kishor T Prajapati
Vanaparthi Rajesh
Jayant Rathore
M.A.V.Satyanarayana
Vinodkumar. C. Patel
Jyoti Prakash Srivastava
Bijaya Kumar Tripathy
Mistry Vijaybhai Kanubhai
Patel Riteshkumar Pravinbhai
Mukti Tejas Jariwala
Dhruv M Raval
Ashwani Upadhyay
Anjani Kumar Patel

ORGANIZATION
Dharwad Milk Union
GCMMF Ltd., Anand
GCMMF Ltd., Anand
GCMMF Ltd., Anand
GCMMF Ltd., Anand
Dudhmansagar Dairy
Dudhmansagar Dairy
Omfed
Amul Dairy, Anand
Amul Dairy, Anand
Amul Dairy, Anand
Vidya Dairy, Anand
Mother Dairy Fruits
Mother Dairy Fruits

List of the Participants who attended the Training Programme on


"Technology of Fermented and Probiotic Dairy Products"
ID.
NO
243
244
245
246
247
248
249
250
251

Name
Snehil Meharishi
Yogesh A. Narwade
Ramanand P. Singh
Tikharam Bashyal
Ashok Kumar Shrestha
Rajkumar Maharjan
Dinesh Chauhan
Travadi Chirantan J.
Keerti Khantilal Dodia

ORGANIZATION
Dudhmansagar Dairy
Dudhmansagar Dairy
J.M.S.S, Nepal
N.M.S.S, Nepal
Hetanda Milk Supply
Kathmandu, Nepal
B.M.S.S, Nepal
Sugam Dairy
Sarvottam Dairy

ID.
NO
252
253
254
255
256
257
258
259
260

Name
M.N. Kademani
B. Sreenivas Murthy
Virenbhai Savaliya
Mohit G. Radadia
Sonali L. Parekh
Rabari Manishkumar L.
Patel Sarthakkumar Vallabhbhai
Dodiya Hardevbhai D.
Bhut Chandresh M.

ORGANIZATION
Dharwad Milk Union
Dharwad Milk Union
Student
Student
Student
Student
Student
Student
Student

Group photo of Technology of Fermented and Probiotic Dairy Products

Vidya Dairy Annual Report 2012-13

ID.
NO
143
144
145
146
147
148
149
150
151
152
153
154
155
156

51

List of the Participants who attended the Training Programme on


"Technological and Engineering Aspects of Ice Cream Plant"
ID.
NO
31
32
33
34
35
36
37
38
39
40
41
42
43

Name
Yogesh A. Narwade
Prajapati Paresh S.
Tushar Bhanubhai Dave
Shah Ronakkumar J
Satyapriya Mohapatra
Rohit Sharma
Dharmendra Kumar
Suryakanta Mahapatra
Vikas Patil
Patel Dilipkumar Amichandbhai
Chaudhary Sureshbhai Jitubhai
Mohit G. Radadia
Savaliya Virenbhai V

ORGANIZATION
Mehsana DCMPUL
Shreya Engineering
Jeevan Swapna
Mehsana DCMPUL
At. Charchika
Mehsana DCMPUL
Vasudhara Dairy
IDMC Ltd.
IDMC Ltd.
Banas Dairy
Banas Dairy
Student Vidya Dairy
Student Vidya Dairy

ID.
NO
44
45
46
47
48
49
50
51
52
53
54

Name
Patel Karan Dharmendrabhai
Jagdish G. Mor
Krishna Manuka
Bajirao S. Kapare
Bhosale Balasaheb Antu
Patel Rupal Arvindbhai
Sanjay K. Patil
Shah Akshay Shashikant
Chandra Mohan Mohanta
Ravindrakumar Shah
Hamidani Rafik H

ORGANIZATION
Student Vidya Dairy
More-N-Mor Ice
GCMMF Ltd
Vasudhara Dairy
Vasudhara Dairy
Havmor Ice Cream
Modern Industrial
Havmor Ice Cream
Omfed BBSR Dairy
Soni Falia, Olpad,
Dilbahar Ice Cream

Vidya Dairy Annual Report 2012-13

Group photo of Technological and Engineering Aspects of Ice Cream Plant

52

List of the Participants who attended the Training Programme on


"Technological & Engineering Aspects of Milk Condensing and Drying Plant"
ID.
NO
38
37
39
40
41

Name
Patel Hiteshkumar Vasantlal
Desai Alkaben Baldevbhai
Keshar Jesangbhai Chaudhari
Patel Pirabhai Karshanbhai
Bhatt Rohan Vimalbhai

ORGANIZATION
Dudh Sagar Dairy
Dudh Sagar Dairy
Banas Dairy
Banas Dairy
KDCMPUL

ID.
NO
42
43
44
45

Name
Shah Pratikkumar Ghanshyambhai
Patel Viralkumar Vaghjibhai
Patel Anirudhdh Babulal
Jain Khubchand Kachrulal

ORGANIZATION
Amul Dairy
Amul Dairy
Sabar Dairy
Sabar Dairy

List of the Participants who attended the Training Programme on


"New Developments in Energy Management of Food and Dairy Operations"
ID.
NO
15

Bhausaheb Laxman Deokar

Prabhat Group

16
17
18
19
20

Choudhari Sunil Laxman


Sanjay Prabhakar Hingankar
Nitheenchandra K
Harshith Moorthy
Bhoi Hirenkumar Manubhai

Prabhat Group
Prabhat Group
Dakshina Kannada
Manipal Dairy
Vidya Dairy

Name

ORGANIZATION

ID.
NO
21
22
23
24
25
26
27

Name

ORGANIZATION

Nilam Vyas
Arvindbhai Devjibhai Chaudhari
Pradipkumar P. Patel
Chaudhary Rameshbhai Monghjibhai
Manoj Gandhi
Axaykumar V. Shah
Priyank A.Chaudhary

Vidya Dairy
Dudhsagar Dairy
Dudhsagar Dairy
Baroda Dairy
Uttam Dairy
KDCMPUL
Vidya Dairy

List of the Participants who attended the Training Programme on


"Advances in Automation in Dairy Industry"
Name
Gopalbhai Bhanubhai Patel
Patel Dipak Harshadbhai
Parekh BhoumikYogeshbhai
Ashvinbhai K. Ghodadra
Patel Pareshkumar C.
Mukesh Kumar Janwa
Basavarav S. Irabageri
Ningappa B. Karajigi
Shah Ronakkumar J
Tejas R. Patel
Ravi B Darji
Desai Alkaben Baldevbhai
Mitesh Rajendrakumar Amin
Shah Jigar Chandrakant
Vaibhav Vijay Sambhus

ORGANIZATION
KDCMPUL
KDCMPUL
Junagadh Dairy.
Junagadh Dairy.
Mehsana District
MDCMPU Ltd
Dharward Milk Union
Dharward Milk Union
MDCMPU Ltd.
Amul Dairy
Amul Dairy
Mehsana District
Baroda District Co
22/B, Saimee Society
Valsad DCMPUL

ID.
NO
16
17
18
19
20
21
22
23
24
25
26
27
28
29

Name
Mirkute Anil Onkar
Bhushan M. Vartak
Leonard Albert Davidson
Hirpara Dilip M.
Jagdish Mohanji Khatik
Rajeev Kumar Gupta
Nikunj A. Parekh
Chirag H. Bhavsar
Pratap A. Padwal
Kamble Vijay Shamarao
Rajesh Kumar Jha
Suryakanta Mahapatra
Sanjay J. Dave
Chiristian Graham

ORGANIZATION
Valsad DCMPUL
Valsad DCMPUL
Rajkot DCMPUL
Rajkot DCMPUL
Uttam Dairy
DRMU, Barauni
Valsad DCMPUL
Valsad DCMPUL
Gokul Dairy
Gokul Dairy
IDMC Ltd
IDMC Ltd
Panchmahal Dairy
Panchmahal Dairy

53

List of the Participants who attended the Training Programme on


"Fssai Requirements & Pest Management Solutions in Food Industry"
ID.
NO
1
2
3
4
5
6
7
8
9
10
11
12
13

Name
Patel Ketankumar Baldevbhai
Patel Pravinkumar N
Gandhi Nehal Kirtikumar
Rajeev Singhvi
Vipul Dhirajlal Bhatt
Shashank Gaur
Chaudhari Apurvakumar Haribhai
Naveenkumar Shrivastava
VK Chandrika Rao
Maheta Riddhi G
Mrunal Millind Dighe
Vikas B. Bhavsar
Varu Sushil R

ORGANIZATION
Mahhur Dairy
Dudhsagar Dairy
Dudhsagar Dairy
Gopal Dairy
Gopal Dairy
Dudhsagar Dairy
Dudhsagar Dairy
Vasudhara Dairy
Bellary Dairy
Baroda Dairy
Baroda Dairy
Uttam Dairy
Uttam Dairy

Vidya Dairy Annual Report 2012-13

ID.
NO
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

ID.
NO
14
15
16
17
18
19
20
21
22
23
24

Name
Pavan R. Padhye
Dipesh Raja
Shripat N. Patil
Pramod H. Malthane
Paresh N Chauhan
Nilam R. Vyas
Divyesh Chauhan
Parmar Kalpeshkumar Babubhai
Alok Saxena
Jaydip Yoganandi
Teena Panwar

ORGANIZATION
Vasudhara Dairy
Raja Dairy
Sumul Dairy
Sumul Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Godhra Dairy
Mother Dairy
Mother Dairy

List of the Participants who attended the Training Programme on


"Training Programme on Advances in Fat Rich Dairy Products"

Vidya Dairy Annual Report 2012-13

ID.
NO
1
2
3
4
5
6
7
8
9
10
11

54

Name
Patel Ashishkumar D
Solanki Akashkumar K.
Arvind Kumar Jha
Bhavsar Vikas Buddhilal
Silviya Macwan
Vishunu Priya Ramagiri
Durga Guru Prasad L
Hem Kumar Ram
Patel Anilkumar Dahyabhai
Patel Dixitkumar M
Solanki Jayendrasinh D

ORGANIZATION
Dairy Sci. College
Dairy Sci. College
DCMPULPalanpur
ADCMPUL
Dairy Sci. College
Sangam Dairy
Sangam Dairy
Barauni Dairy
Sabar Dairy
Sabar Dairy
KDCMPUL

ID.
NO
12
13
14
15
16
17
18
19
20
21
22

Name
Patel Ritesh P.
Prajapati Kamalkumar R
Ran Vijay Singh
Vivek K. G.
Manju Rani
Pratin S. Gandhi
Patel Akshaykumar D
Dodiya Hardev D.
Binjan K. Patel
Chiragkumar R. Sutariya
Thacker Harsh M.

ORGANIZATION
KDCMPUL
KDCMPUL
KDCMPUL
Nambisans Dairy
Dabon International
Baroda Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy
Vidya Dairy

List of the Participants who attended the Training Programme on


"Technological and Engineering Aspects of Food and Dairy Plant"
ID.
NO
159
160
161
162
163

Sachin Patil
Swapna Shah
Ajay Balakrishnan
Mayoor Vishnoo Kulkarni
Siddharth Runwal

Tetra Pak India Pvt.


Tetra Pak India Pvt.
Tetra Pak India Pvt.
Tetra Pak India Pvt.
Tetra Pak India Pvt.

164
165
166
167
168

Sarang Kulkarni
Nitin Bhaskar Nehete
Ashish Shyamrao Khobragade
Guruprasad Rai
Harish Sudam Kamthe

Tetra Pak India Pvt.


Tetra Pak India Pvt.
Tetra Pak India Pvt.
Tetra Pak India Pvt.
Tetra Pak India Pvt.

Name

ORGANIZATION

ID.
NO
169
170
171
172
173
174
175
176
177
178

Name
Harun Sabir
Suhas Bhalchandra Ballal
Sukhraj Singh Sandhu
Ramachandran K.
Boby Kuriakose
Vekariya Jagdish Karshanbhai
Chauhan Parikshit Dineshkumar
Virenbhai Savaliya
Mahadevappa C Mannangi
Nagaraja G.

ORGANIZATION
Tetra Pak India Pvt.
Tetra Pak India Pvt.
Tetra Pak India Pvt.
Malabar Regional
Malabar Regional
Gopal Dairy
Dairy Sci. Col.,Amreli
Vidya Dairy
Dharwad Milk Union
Dharwad Milk Union

Faculty
For External Training Programme
From Sheth MC College of Dairy Science, Anand
To strengthen students training and external training programmes, Vidya Dairy gets
whole-hearted support from Sheth MC College of Dairy Science, AAU, Anand.
Designation

Name

Professor
Dairy Technology Department

Principal & Dean


Chairman of Vidya Dairy
Dr. A H Jana

Dr. BP Shah
Professor and Head
Dairy Processing and
Operations

Professor
Dairy Technology Department
Dr. HG Patel

Dr. AJ Pandya

Assoc. Professor
Dairy Engineering Department

Professor & Head


Dairy Microbiology Department
Dr. Sunil Patel

Dr. J B Prajapti

Assoc. Professor
Dairy Technology Department

Professor & Head


Dairy Chemistry Department
Dr. J P Prajapati

Dr. K D Aparnathi

Assoc. Professor
Dairy Technology Department

Professor & Head


Dairy Technology Department
Dr. S.V.Pinto

Dr. P S Prajapathi

Asst. Professor
Dairy Processing and
Operations

Professor & Head


Dairy Engineering Department
Mr. Ajay Gokhle

Dr. A G Bhadania

Asst. Professor
Dairy Chemistry Department

Professor
Dairy Engineering Department
Dr. JB Upadhyay

Designation

Dr. Smitha B.

Vidya Dairy Annual Report 2012-13

Name

55

Name

Designation

Name

Asst. Professor
Dairy Chemistry Department

Asst. Professor
Dairy Microbiology Department
Mr. Amit Jain

Ms. Sreeja V

Asst. Professor
Dairy Chemistry Department

Asst. Professor
Dairy Technology Department
Mr. Satish Parmar

Mr. B M Mehta

Asst. Professor
Dairy Chemistry Department

Asst. Professor
Dairy Microbiology Department
Mr. D H Patel

Ms. Suja Senan


Vidya Dairy Annual Report 2012-13

Designation

Asst. Professor
Dairy Processings and
Operations

Asst. Professor
Dairy Technology Department
Ms. Jarita Mailk

Mr. Amit Patel

Asst. Professor
Dairy Technology Department

Asst. Professor
Dairy Technology Department
Mr. Kunal Kadia

Mr. Hiral Modha

56
Sr. Officer (Dairy)
Vidya Dairy, Anand

Asst. Professor
Dairy Chemistry Department
Shri Raj Patel

Mr. A I Sheikh

Invited Retired Professors of SMC College of Dairy Science, AAU, Anand


Name

Designation

Name

Retd. Principal & Dean


Former Chairman of Vidya Dairy

Retd. Principal & Dean


Founder Chairman of Vidya Dairy
Dr. S.S.Sannabhadti

Dr. J M Dave

Retd. Professor and Head


Department of Dairy Business
Management

Retd. Professor and Head


Dairy Technology, Department
Dr. K G Upadhyay

Designation

Dr. P N Thakar

Faculty from Vidya Dairy


Designation

Name

Sr. Officer
Vidya Dairy, Anand

Manager (Dairy)
Vidya Dairy, Anand
Ms. S. Meenakshi

Shri Birendrakumar

Sr. Officer
Vidya Dairy, Anand

Manager (F&A)
Vidya Dairy, Anand
Shri Harshad Oza

Shri Vipul Parmar

Sr. Officer
Vidya Dairy, Anand

Asst. Manager (Dairy)


Vidya Dairy, Anand

Sr. Officer
Vidya Dairy, Anand

Sr. Officer (Training Co-ordinator)


Vidya Dairy, Anand

57

Shri Divyesh Chauhan

Shri Ajay Zala

Asst. Manager (Dairy)


Vidya Dairy, Anand
Shri Hiren Bhoi

Shri Kalpesh Parmar

Executive (QA)
Vidya Dairy, Anand
Ms Mona Gadhvi

Shri Paresh Chauhan

Jr. Officer/Sr. Grade


Vidya Dairy, Anand

Executive (Dairy)
Vidya Dairy, Anand
Shri Ashabhai Macwana

Shri Sunny Kharwa

Jr. Officer/Sr. Grade


Vidya Dairy, Anand

Executive (Dairy)
Vidya Dairy, Anand
Shri Robert Parmar

Shri Jahnavi Pandya

Jr. Officer
Vidya Dairy, Anand

Sr. Officer
Vidya Dairy, Anand
Shri Jayesh Patel

Designation

Vidya Dairy Annual Report 2012-13

Name

Shri Jignesh Patel

Professionals from Dairy Industry


Name

Designation

Name

Designation

General Manager
(Projects & Engineering),
Amul Dairy, Anand

Advisor
L & T India Ltd
Shri Amit Vyas

Shri P N Shah

Manager (QA)
GCMMFL, Anand

Manager (QA)
Amul Dairy, Anand
Shri Samir Saxena

Shri Gokulakrishnan S.S

Vidya Dairy Annual Report 2012-13

Consultants

58

Name

Designation

Name

CEO
Perfect Solutions
Vadodara

Consultant
Quality, Anand
Shri Sham Chaudhry

Shri S M Chaudhary

Director,
Perfect Solutions, Ahmedabad
Shri V K Ghoda

Designation

Refrigeration Consultant
Super Refrigeration
Anand
Shri Ashirwadbhai

Shram Vir award received by Vidya Dairy worker Shri Sanjay Rajput

Faculty Members from other Colleges of Engineering & Technology


Name

Designation

Dr. Mukesh Bulsara

Professor, Department of Mechanical Engineering GH Patel College of Engineering & Technology

Prof. Dharmesh Modi

Professor, Pharmacy College, VV Nagar

Prof. D J Vyas

Professor, Chemical Engineering Department, DDU

Dr. M S Rao

Professor, Chemical Engineering Department, DDU

Prof. A. P Dhanwani

Professor, Chemical Engineering Department, DDU

Professionals from other Organization


Name of Industry

GEA Processing India Ltd

Chr. Hansen (India) Pvt. Ltd

L&T India Ltd

Sardar Patel Renewal Energy Research Institute

JN Marshal India Ltd

Thermax Ltd

Atlas Copco India Ltd

Lucid Colloids Ltd

DNV India Ltd

Danisco India Pvt. Ltd

Ecolab Food Safety and Hygiene Solutions Pvt. Ltd

Mamata Energy Pvt. Ltd

Indian Dairy Machinery Company Ltd

Synergy Agrotech Pvt. Ltd

Petroleum Conservation Research Association (PCRA)

Programmes conducted through external agencies


Name of Lecturer / Organization

Topic

Ecolab India

Hygiene and CIP of Plant

Shri Paresh Pandya

Motivational Training Programme

Shri S N Biswas, Professor, Institute of Rural Management, Anandq

Team Building

Danisco India Pvt. Ltd.

Starter Culture and Food Additives

Mr. Chirantan Tarvadi

Conflict Management and Crack the Interview

Prof. Hitesh Bhatt, Professor, Institute of Rural Management, Anand

Effective Communication & Positive Attitude

Prof. Babu Nair, Lund University, Sweden

Technical Interaction with students

Mr. Vivek Kulkarni, Technical Manager, Chr. Hansen (India) Pvt. Ltd

Importance of Starter Culture in Dairy

Mr. Ashish Powari, Sealed Air (India) Pvt. Ltd.

New Technology in Packaging Material and Process

Mr. Hariprasad Manavalan & Mr. Shan Bourke, Sealed Air India Pvt. Ltd Hygiene and Cleaning Solution for Dairy & Food Industry.
Ms. Shailaja Merchant, Lucid Colloids Ltd

Importance of Food Additives in Dairy Industry

Mr. Jagrut Bhatt, Managing Director, Cipriani Harrison Pvt. Ltd

Pneumatic Actuators & /dairy Fittings

Mr. Raj Sinha Roy, Skill 2 Excel

Personal Effectiveness

Mr. Kailash Ashar, Mumbai

Six Thinking Hats

Prof. Hitesh Bhatt, Professor, Institute of Rural Management, Anand

Using attitude to deliver top class products & services

Prof. Hitesh Bhatt, Professor, Institute of Rural Management, Anand

Quality Process Management

Vidya Dairy Annual Report 2012-13

Name of Industry

59

Vidya Dairy Annual Report 2012-13

Vidya Dairys News published in

60

Dealers meet / Focus Group Discussion

Vidya Dairy Annual Report 2012-13

Inauguration/Valediction of Various Training Programme

61

Vidya Dairy Annual Report 2012-13

Cultural Events

62

Eminent Visitors Voice


Over the years many National and International dignitaries have visited Vidya Dairy. Their
comment on this unique organizational concept is quite encouraging for maintaining the standards
of imparting training at the dairy.
Excellent Operation, products and People. A great initiative. We wish you all the best for the future.
Congratulations for your efforts and achievements.
The training function is so important for the dairy industry around the world. Long may it continue at VIDYA
DAIRY.
INTERNATIONAL DAIRY FEDERATION COMMITTEE OF DAIRY POLICIES AND ECONOMICS.

Much can be learned by our U.S. dairy industry as well as our academic institutions by what I have seen here.

JERRY KOZAK, President, International Dairy Federation.

It is a superb initiative, which deserves to be introduced in other professional courses, very impressive. Thank
you.
BIMAL JALAN, Governor, RBI

You have Beautiful building and Equipment wonderful for training students keep up the Good Work.

Excellent Entrepreneurial programme: Professionalism and Productivity well built into educational frame
work.

DILIP KUMAR SINHA, Vice Chancellor, Vishvabharati, Shanti Niketan

I am very impressed and inspired to see students leading the industry. Congratulations on a job so very well
done.

KAREN L. HULEBAK, CODEX Chair person, US Dept of Agriulture, Washington DC, USA.

It is a unique experiment, which needs to be replicated. I am delighted to visit the Vidya Dairy and wish all
the success in its endeavors.

PRADEEP KUMAR, Secretary, Animal Husbandary, Dairy and Fisheries, Govt. of India.

It is most satisfying to see the students getting practical orientation in both running and management of a dairy
plant. Excellent facilities developed through the advice of NDDB would enable GAU to generate well trained
human resource in the field of Dairy Technology. We need to develop similar models in different parts of our
country. My best wishes to the staff and students in this endeavour.

RS PARODA, Director General, ICAR and Secretary DARE, New Delhi.

Excellent way to train students in the commercial realities of running a dairy plant. Chr-Hansen is pleased to
be able to help with aspects of the training programmes.
Stephen Bullin RITM Chr Hansen A/S Malaysia

A wonderful, innovation initiative to create the next generation of dairy professionals through practical hands
on experience ! Thank you for sharing!.
Sandip Patel, GM, Global Business Services, IBM India Pvt. Ltd, Bangalore.

Visiting this Daiy is a most exciting and exhilarating experience. Pride in performance, unrelenting emphasis
on quality control and the breeding of outstanding Dairy Managers, are all important features of this unique
Training Dairy. I consider the Vidya Dairy of GAU an outstanding example of the capability and commitment
of Indias Dairy Scientist and Technologists. I wish this Dairy continued success in remaining the flagship of
dairying for Rural Livelihood and Nutrition Security Involvement..
Dr. MS Swaminathan, UNESCO Chair in Ecotechnology, MSSRF, Chennai

This institution is a pioneer of the country. I wish other part of the country can bless.

Hon. Minister Subodh Kant Sahai, Minister, MFPI, Govt. of India

An extremely interesting concept of Dr. Kurien which appears to be doing very well. Its an idea worth
replicating many times over.

Prof. Abhijit Sen, Hon. Member Planning Commision, Govt. of India.

Vidya Dairy Annual Report 2012-13

NORMAN E BORLAUG, Nobel Laureate

63

VIDYA DAIRY
(A COMPANY REGISTERED UNDER SECTION 25 OF THE COMPANIES ACT, 1956)
AAU CAMPUS, ANAND

LIST OF EMPLOYEES AS ON 31.03.2013


1

Shri D R Shah

Managing Director

34

Managers
2

Shri Birendra Kumar

Vidya Dairy Annual Report 2012-13

Shri Hiren Prajapati

Production

Jr. Officers / Sr. Grade

Marketing

Shri Vipul Parmar

Finance & Accounts

35

Shri Ashabhai Macwana

Engineering & Services

Shri Ajay Zala

Engineering & Services

36

Shri Kiran Parmar

Production

Shri Kalpesh B. Parmar

Production

37

Shri Hitesh Panchal

Production

Shri Kiran Sahasrabudhe

Marketing

38

Shri Robert Parmar

Engineering & Services

Shri Jaydev Patel

Sales & General


Administration

39

Shri Francis Macwana

Engineering & Services

40

Shri Bhavesh Patel

Engineering & Services

41

Shri Jignesh T. Patel

Engineering & Services

Senior Executives

64

Officers

Shri BM Chavda

Marketing

Shri Paresh Chauhan

Quality Assurance

Executives

Sr. Assistants / Sr. Technicians


42

Shri Ajay Dave

Finance & Accounts

43

Shri Premal Bhatt

Purchase & Stores

44

Sandeep Solanki

Production

10

Shri Sunny Kharwa

Production

11

Ms. Jahnavi Pandya

Production

12

Shri Kamal Chauhan

Marketing

Assistants / Technicians

13

Shri Nimesh Anjaria

Purchase & Stores

45

Shri Ravindra Patil

Production

46

Shri Jitendra Chauhan

Marketing

47

Shri Jatin Patel

Marketing

48

Shri Arvind Chauhan

Production

Senior Officers
14

Shri Ashutosh Shukla

Finance & Accounts

15

Shri Mansukh Sapra

MIS

16

Shri Raj Patel

Production

49

Shri Tejas Thakar

Finance & Accounts

50

Shri Rajesh Hande

Administration

51

Shri Kiran Chauhan

Marketing

52

Shri Bhupatbhai Desaibhai Dabhi

Engineering & Services

53

Shri Manubhai Dahyabhai Parmar

Engineering & Services

17

Ms. Nilam Vyas

Production

18

Shri Hiren Bhoi

Engineering Services

19

Shri Sandip Raval

Automation

20

Shri Ashish Panchal

Purchase & Stores

21

Shri PN Danayak

Finance & Accounts

Operator / Attendant

22

Ms. S. Meenakshi

Administration

54

23

Shri Kalpesh Patel

Finance & Accounts

24

Shri MB Pathan

Marketing

25

Shri Harshad Oza

Quality Assurance

26

Shri Patel Jigar

Marketing

27

Shri Bhaskar Trivedi

Quality Assurance

28

Shri Mayur Suthar

Marketing

29

Shri Divyesh Chauhan

Quality Assurance

30

Shri Jayesh Patel

Purchase & Stores

31

Shri Akshay Patel

Production

32

Shri Sandip Patel

Production

33

Ms. Mona Gadhvi

Q A & External Training

Shri Mukesh Manubhai Vasava

Administration

Trainees
55

Nikunj Ka. Patel

Quality Assurance

STUDENTS GROUP PHOTO 20TH BATCH

Registration No. 04-34249 of 1998-99


Registration Date: 10.06.1998

P. B. No. 122,
AAU Campus, Anand 388 110
Phone: (02692) 267996, 262501 Telefax: (02692) 267996
E-mail: paoffice@vidyadairy.in

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