Mother Dairy turnover may rise 15 pc to cross Rs 17,000 cr in FY25 on better demand: MD Manish Bandlish
Mother Dairy is projected to achieve a 15% growth in turnover this fiscal year, surpassing Rs 17,000 crore. This is attributed to strong demand, product expansion, and increased distribution. Key investments include a new milk processing plant in Nagpur and two horticulture facilities in Gujarat and Andhra Pradesh. Over 30 new products were launched this year.
Feb 18, 2025, 07:27 IST
Mother Dairy is likely to achieve 15 per cent growth in turnover this fiscal to more than Rs 17,000 crore on strong demand for its food products and expansion of production capacity as well as distribution network. Besides fresh milk and other dairy products, Mother Dairy sells edible oils under 'Dhara' brand and horticulture (fresh and frozen fruits & vegetables) items under 'Safal' brand. It is the leading milk supplier in Delhi-NCR.
Mother Dairy is poised to achieve a 15% increase in turnover this fiscal year, surpassing ₹17,000 crore, driven by robust demand for its food products and strategic expansions.
Key Developments:
Capacity Expansion: The company is constructing a state-of-the-art milk processing plant in Nagpur, Maharashtra, with an investment exceeding ₹500 crore. Scheduled for completion by 2026, this facility will cater to markets in central and southern India.
Horticulture Initiatives: Mother Dairy has laid the foundation for two integrated fruit and vegetable processing units in Itola, Vadodara, Gujarat, and Chittoor district, Andhra Pradesh. These greenfield projects, under the 'Safal' brand, involve a combined investment of over ₹350 crore and will produce pulp, concentrates, and frozen French fries for domestic and international markets.
Product Diversification: This fiscal year, the company has launched over 30 new products across various categories, enhancing its portfolio to meet diverse consumer preferences.
These strategic initiatives underscore Mother Dairy's commitment to growth and its role as a leading supplier in the dairy and food industry.