Topic
turnover
Logistics Employee Stock Ownership Drives Industry-Low 35% Turnover at Nussbaum Transportation
Nussbaum Transportation credits its 2018 employee stock ownership plan (ESOP) for an industry-low 35% driver turnover rate. The 600-truck carrier uses equity stakes, safety performance bonuses, and CEO outreach to retain drivers. It plans a second ESOP sale next year and is scaling at double its historic growth rate.
Manufacturing Milma targets ₹10,000 crore turnover by 2030-31, eyes global expansion via Lulu Group partnership
Milma (Kerala Cooperative Milk Marketing Federation) aims to achieve a turnover of ₹10,000 crore by 2030-31, expanding domestic and international market presence through a partnership with Lulu Group. Chairman KS Mani highlighted investment opportunities in Kerala's dairy sector, which imports nearly 50% of its milk requirement. Milma recorded a turnover of ₹4,344 crore in 2025-26 and passes 83% of selling price to farmers.