Significantly, all individual divisions of Hafed also posted profits for the first time. This turnaround has been brought about by focusing on core business practices within the organisation. Hafed will share part of these profits with its member societies and use the balance for addition to various reserves aimed at further expanding the scope of its activities in the interest of farmers of the state.
Some of the key projects being undertaken by Hafed in the current year include setting up a sugar mill at Assandh, a computerised cattle feed plant at Rohtak, modernisation of rice mill at Taraori and revival of barley malt plant at Jatusana. Hafed is also branding new farmer friendly activities of contarct farming, organic farming and commodity future trading in mustard and barley.