date:Jun 05, 2015
ategy, we intend to continue to invest in increasing our manufacturing capacities for our existing dairy products and also develop manufacturing capabilities for new products, particularly high margin products with significant growth opportunities in India.
According to a CRISIL report, the processed milk segment recorded 14%-15% CAGR, reaching Rs 2,160-2,170 billion in fiscal 2014, from about Rs 1,250 billion in fiscal 2010. Milk prices are expected to rise by 7%-8% CAGR over the next three ye