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Freedom Sunflower Oil

From EverybodyWiki Bios & Wiki

Freedom Sunflower Oil
Private
ISIN🆔
IndustryEdible oils and fats
Founded 📆2009; 15 years ago (2009)
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
Andhra Pradesh, Telangana, Odisha, Chhattisgarh, Karnataka
Key people
Pradeep Kumar Chowdhry (MD)
Products 📟 Sunflower oil, Rice bran oil, Mustard oil, Groundnut oil
Revenue🤑 Rs. 4000 Cr (2018)[1]
Total assetsRs. 2823 Crores[1]
Members
Number of employees
500+[2]
DivisionsConsumer, Bulk and Institutions
🌐 Websitewww.freedomhealthyoil.com
📇 Address
📞 telephone

Freedom Oil is a brand of edible oil in South India launched in 2009 by its parent company, Gemini Edibles & Fats India (GEF India).[2]

History[edit]

The Freedom oil was first launched in 2009 by GEF India in Hyderabad. The company has three port based plants, one at Krishnapatnam with a refining capacity of 1000 MT per day and another at Kakinada with a refining capacity of 350 MT per day. Kakinada new unit refining capacity is 1150 MT per day.[3]

In 2019, The company invested Rs. 750 Cr to expand three greenfield refineries in Andhra Pradesh & Telangana. The company has 40% shares of oil market in Andhra Pradesh & Telangana.[4][5]

Philanthropy[edit]

Time to time the company conducts Self-employment Workshop for unempoyed people. In 2017, the company conducted a Self-employment Workshop for unempoyed people in partnership with NTR Trust.[6]

In 2019, Freedom Oil and The Siasat Daily news paper conducted cookery classes in Hyderabad.[7]

Freedom Hyderabad 10K Marathon[edit]

Each year the company sponsors 10 km Marathon for men & women. The initiative was taken by GEF India and started its first marathon in 2016. Winners awarded up to Rs. 1 lac as a prize money.[8][9][10][11][12]

Freedom Cooking Marathon[edit]

In May 2019, the company organized Freedom Cooking Marathon which is also featured in the Guinness book of world record for Non-Stop cooking by Chef Sharath Kumar.[13][14]

Awards and recognition[edit]

  • Globoil India Award for Emerging Brand 2018[15]

References[edit]

  1. 1.0 1.1 Raj, AuthorY V. Phani. "Gemini Edibles & Fats India to focus on bottled edible oil". Telangana Today.
  2. 2.0 2.1 Aug 29, tnn. "GEF India to invest Rs 840 crore in 3 greenfield refineries by 2021 - Times of India". The Times of India.
  3. Jun 1, TNN. "GEF India eyeing greenfield mega edible oil refinery". The Times of India.
  4. "Gemini Edibles plans to double capacity with ₹750-cr investment". @businessline.
  5. Reporter, Staff (28 February 2018). "GEF India to step up presence in Kakinada". The Hindu.
  6. "Freedom Refined Sunflower Oil Partners with NTR Trust to Conduct Freedom Self-employment Cookery Workshop". India CSR Network. 27 July 2017.
  7. "Siasat Freedom Sunflower Oil Cookery classes on June 25". The Siasat Daily. 19 June 2019.
  8. "Hyderabad 10K Run". Hyderabad 10K Run.
  9. "Freedom Hyderabad 10K Run 2017 to be held at Necklace Road on Nov 26". Telangana Today.
  10. India, Press Trust of (1 December 2018). "Freedom Hyderabad 10k Run Proves a Huge hit Once Again". Business Standard India.
  11. "Hyderabad marathon proves a runaway hit". The Hindu. 25 November 2019.
  12. India, The Hans (14 November 2018). "Freedom Hyderabad 10K Run on November 25". www.thehansindia.com.
  13. "Hyderabad brand helps Mandya chef clock in world record". The New Indian Express.
  14. "Karnataka chef makes it to Guinness Book". Telangana Today.
  15. "Freedom Oil wins emerging brand award". Telangana Today.


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