Seshachalam encounter damages Chandrababu - Heritage sales

Even as Chandraabu Naidu is facing political hostility from Jagan quarter. His company Heritage is also facing a challenge from the Cooperative venture of Amul in Hyderabad. Amul of Gujarat milk cooperative venture has cashed in the slump in Heritage not only in Tamil Nadu but also in Karnataka caused after Seshachalam encounter of red sander wood cutters by AP police.

The heritage share has downed by nearly 100 rupees from its 442 to 342 registering a massive nosedive impact due to Chandrababu government antic on neighbours. Political and business leaders contend that the nonstop foreign strides of Chandrababu Naidu in last two months were aimed at resurrecting his own image and that of his company - Heritage.

Incidentally Nara Lokesh is an executive of the Heritage along with Bhuvaneswari, Chandrababu Naidu’s wife. In the event Lokesh begins his electoral politics and later his wife Brahmani would replace him in Heritage board.

The Amul products are sold at 15 percent lesser than the Heritage and Jersey brands in Hyderabad and Telengana towns at Rs.10 per packet of 500 ml milk packet as against Rs.22 of the Heritage.