Parag Milk Foods unveils new corporate identity

22 Jan,2015

By A Correspondent

 

Parag Milk Foods (P) Ltd has announced their new corporate identity and unveiled a new logo. Parag Milk Foods has exciting plans to expand into newer milk segments and extend their brand portfolio to drive the next phase of growth. This strategic move is intended to bring all their brands together under the new umbrella corporate brand, helping to build a stronger brand connect and recall with the parent company.

 

Devendra Shah, Chairman, Parag Milk Foods (P) Ltd. said, “It has been a fantastic journey so far which has spanned over the last two decades. We have matured and evolved as a company and have always stayed at pace with the changing dynamics of the market and understood the pulse of our consumers. This journey started with launch of Gowardhan brand, which was targeted towards traditional value-seeking house-wives, followed by the introduction of Go brand, targeted towards youth & kids for direct consumption products. While we have had strong double digit growth in the past, our future plans are exciting enough with accelerated growth rates of 50 per cent, over the next few years. This will happen with venturing into newer categories and adding new brands in our portfolio.”

 

The launch of the new logo and brand identity was developed by brand consultancy firm Scion. “As Parag’s brand partner, we have been closely involved in the development of Parag’s multi-brand story. The new corporate branding system supports and reaffirms the purpose, values and culture that have been at the foundation of the company. The bold and vibrant logo with a splash of milk forming a star as its central graphic element, celebrates the company’s culture of passion and a culture of innovation. The brand expression “Ideas for a new day” captures the brand promise of making milk moments inspiring and enjoyable – a promise that is deeply rooted in the heritage of the company and has been fundamental to its success,” asserted Ramesh Rao, MD, Scion.

 

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