In order to start a dairy business, Kishore left the US and returned to India. He established Sid’s Farm, which will generate Rs 64.5 crore in revenue in 2022.
Graduates from elite universities like IIT and IIM land well-paying jobs. Many people who want to work in well-paying fields apply to these universities. The graduate of IIT Kharagpur, however, had other plans and left his lucrative position at Intel in the US to start a dairy in Hyderabad, India.
In order to start a dairy business, Kishore left the US and returned to India. He established Sid’s Farm, which will generate Rs 64.5 crore in revenue in 2022, according to Financial Express.
Story of Kishore Indukuri’s success
Kishore Indukuri is a native of Hyderabad and comes from a middle-class family. His mother is Lakshmi, and his father, Narasimha Raju, spent 25 years working as an engineer for Mahindra & Mahindra. Kishore Indukuri graduated from Nalanda Vidyalaya High School in the 10th grade and was awarded a Class 12 certificate by Little Flower Junior College.
Following that, he received his BSc degree in Chemistry from IIT Kharagpur. He traveled to the University of Massachusetts in the USA to pursue further education. He completed his post-graduate engineering studies at the University of Massachusetts, where he also earned his Ph.D. in polymer science.
Kishore started his professional life in Arizona, working for the US-based technology company Intel Corporation as a Senior Processing Engineer. He offered GRE and TOEFL tuition as an experiment to try something new. He also founded a business that specialized in growing vegetables. Over the course of two years, he invested more than Rs 1 crore in a number of businesses.
However, he started a dairy farm, Sid’s Farm, named after his son, in 2012 after listening to advice from business experts and getting 20 cows. He performed almost all of the tasks, including milking the cows and offering the supplies. He claimed that his product was free of synthetic hormones, preservatives, and water in his advertising.
He also insisted that customers consume the goods before buying them. Indukuri gained notoriety as one of Hyderabad’s major private milk suppliers very quickly. His company now purchases pure milk from nearly 2,000 farms. Each day, they provide services to over 20,000 people.
He started out with an inventory of raw milk but soon learned that pasteurizing the milk was necessary to meet the steadily increasing demand. He even obtained a loan for Rs. 1.3 crore, which he used to establish a dairy processing facility and purchase a sizable farm in Shahbad.
He currently runs his business using a subscription model. The company’s was Rs 44 crore in 2020–2021. It increased to Rs. 64.5 crores (roughly Rs. 17 lacks per day) in 2021–2022, as per Financial Express.
