Nilgiri's is an Indian supermarket chain. It is also one of the oldest supermarket chains in India with origins dating back to 1905 and hence its products are sold under the brand name of "Nilgiri's 1905". It also has a store brand, and produces dairy, baked goods, chocolates, and other products under the same name.
The origin of this supermarket chain can be traced back to Muthuswamy Mudaliar of Erode district. Muthuswamy Mudaliar was a mail runner for the British in colonial India. He carried letters and cheques for the British from Coimbatore to the hill stations of Ooty and Coonoor. As he was flooded with requests to carry dairy products and other items, he opened a small shop in 1905, after buying the butter business of an Englishman in Vannarpet and soon, "The Nilgiri Dairy Farm Ltd." was established.
In 1936, he moved his shop to Brigade Road, Bangalore. The Nilgiri Dairy Farm Ltd. specialized in dairy, dairy products, bakery and chocolates. In 1962, Nilgiris set up a specialized dairy plant in Erode. This pasteurization plant was used to manufacture Nilgiri's'store brand of dairy product. The produce was supplied to Bangalore on a daily basis from Erode. Muthusamy's son Chenniappan expanded the company by setting up a modest store in Bangalore to sell Nilgiris' own brand of products. However, after Chenniappan's visit to the United States and Europe, he expanded the store into a larger supermarket. Though Chenniappan was influenced by the supermarket concept in the U.S. and Europe, he developed the Nilgiris supermarket to fit in with the local culture and set guidelines for its growth. Soon, the Nilgiris supermarket chain spread to Erode, Coimbatore and Chennai.
In September–October 2008, Actis, a UK-based private equity investor, invested US$65 million in the Nilgiris Group in order to strengthen the group's manufacturing and franchising operations in South India. This investment has given Actis a controlling interest (more than 51% stake) in the Nilgiris group. On 21 November 2014, Future Consumer Enterprises Ltd. acquired the 98% from Actis Capital and other promoters.
In August 2023, Future Consumer Enterprises sold Nilgiri's to AVA Cholayil Health Care for a consideration of ₹67 crore.[1]
nilgiris, 1905, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding,. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Nilgiris 1905 news newspapers books scholar JSTOR June 2019 Learn how and when to remove this message This article includes a list of references related reading or external links but its sources remain unclear because it lacks inline citations Please help improve this article by introducing more precise citations June 2019 Learn how and when to remove this message Learn how and when to remove this message Nilgiri s is an Indian supermarket chain It is also one of the oldest supermarket chains in India with origins dating back to 1905 and hence its products are sold under the brand name of Nilgiri s 1905 It also has a store brand and produces dairy baked goods chocolates and other products under the same name Nilgiri sCompany typePrivately heldGenreSupermarket chainFounded1905 119 years ago 1905 as The Nilgiri Dairy Farm Ltd Coonoor British India FounderMuthusamy MudaliarHeadquartersWhitefield Bengaluru Corporate OfficeParentAVA Cholayil Health Care Pvt Ltd History editThe origin of this supermarket chain can be traced back to Muthuswamy Mudaliar of Erode district Muthuswamy Mudaliar was a mail runner for the British in colonial India He carried letters and cheques for the British from Coimbatore to the hill stations of Ooty and Coonoor As he was flooded with requests to carry dairy products and other items he opened a small shop in 1905 after buying the butter business of an Englishman in Vannarpet and soon The Nilgiri Dairy Farm Ltd was established In 1936 he moved his shop to Brigade Road Bangalore The Nilgiri Dairy Farm Ltd specialized in dairy dairy products bakery and chocolates In 1962 Nilgiris set up a specialized dairy plant in Erode This pasteurization plant was used to manufacture Nilgiri s store brand of dairy product The produce was supplied to Bangalore on a daily basis from Erode Muthusamy s son Chenniappan expanded the company by setting up a modest store in Bangalore to sell Nilgiris own brand of products However after Chenniappan s visit to the United States and Europe he expanded the store into a larger supermarket Though Chenniappan was influenced by the supermarket concept in the U S and Europe he developed the Nilgiris supermarket to fit in with the local culture and set guidelines for its growth Soon the Nilgiris supermarket chain spread to Erode Coimbatore and Chennai In September October 2008 Actis a UK based private equity investor invested US 65 million in the Nilgiris Group in order to strengthen the group s manufacturing and franchising operations in South India This investment has given Actis a controlling interest more than 51 stake in the Nilgiris group On 21 November 2014 Future Consumer Enterprises Ltd acquired the 98 from Actis Capital and other promoters In August 2023 Future Consumer Enterprises sold Nilgiri s to AVA Cholayil Health Care for a consideration of 67 crore 1 References edit 2 3 4 5 6 Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil Healthcare for Rs 67 crore ET Retail 29 August 2023 Business News Business News Today Live Business News Financial News India Latest Business News The Financial Express Retrieved 24 June 2019 The Hindu Storehouse of values Archived from the original on 2007 01 25 Retrieved 2007 01 28 a href Template Cite web html title Template Cite web cite web a CS1 maint unfit URL link Archived copy PDF Archived from the original PDF on 2007 01 29 Retrieved 2007 01 28 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link The Hindu Business Line Actis set to buy controlling stake in Nilgiris Dairy Farm Archived from the original on 2007 03 17 Retrieved 2007 01 28 Aiding in good living Archived from the original on 2007 01 24 Retrieved 2007 01 28 a href Template Cite web html title Template Cite web cite web a CS1 maint unfit URL link Portals nbsp Supermarkets nbsp Companies Retrieved from https en wikipedia org w index php title Nilgiris 1905 amp oldid 1187990422, wikipedia, wiki, book, books, library,
