Hatsun Agro Plans ₹1,000 Cr Capex for FY27
Chennai-based Hatsun Agro Product Ltd (HAP), India’s largest private-sector dairy company, has announced a ₹1,000 crore capital expenditure plan for FY27 to expand milk procurement, strengthen its distribution network, modernise production facilities, and enhance brand marketing as it accelerates growth in the value-added dairy segment. The company is targeting daily sales of 2.4 crore product…
Government Strengthens Dairy Infrastructure Nationwide
The Government of India has announced a series of measures to strengthen dairy infrastructure, livestock development and milk supply across the country, reinforcing its commitment to enhancing farmer incomes and ensuring long-term dairy sector growth. The initiatives focus on expanding dairy processing capacity, improving milk procurement and cold-chain infrastructure, promoting scientific livestock management, and supporting…
India Retains Global Lead in Milk Production
India has reaffirmed its position as the world’s largest milk producer, with milk output continuing to rise despite global supply challenges, reinforcing the country’s leadership in the global dairy sector. According to industry estimates, India’s milk production growth remains supported by expanding herd productivity, rising domestic demand and continued investment in the dairy value chain….
Milky Mist Set for Early August IPO Launch
Tamil Nadu-based Milky Mist Dairy Food Ltd., one of India’s leading value-added dairy companies, is expected to launch its Initial Public Offering (IPO) in the first week of August 2026, marking what is likely to be the largest IPO by an Indian dairy company. The move follows the company’s ₹482 crore pre-IPO funding round in…
Nestlé India Q1 Profit Jumps 48% on Strong Growth
Nestlé India reported a 48% year-on-year increase in net profit for the first quarter of FY2026-27, driven by strong volume-led growth across its product portfolio despite a challenging consumption environment. The company posted a net profit of ₹1,028 crore, compared with ₹694 crore in the corresponding quarter last year, while revenue from operations rose 8.5%…
PMFME Scheme Crosses 2 Lakh Enterprise Milestone
India’s Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme has crossed a major milestone, with more than 2 lakh micro food processing enterprises receiving credit-linked subsidies since the scheme’s launch in 2020, Union Food Processing Industries Minister Chirag Paswan announced. The supported enterprises have collectively mobilised over ₹20,300 crore in project investments, while…
Tripura Attracts ₹5,000 Crore in Dairy & Fisheries Investment
Tripura has secured 37 Memoranda of Understanding (MoUs) worth approximately ₹4,938.75 crore across the dairy, livestock, poultry and fisheries sectors during the Destination Tripura Business Conclave 2026, held in Agartala on July 9–10. The investment proposals, signed by the Animal Resources Development (ARD) Department and the Fisheries Department, are expected to significantly transform the state’s…
Milky Mist Eyes India’s Biggest Dairy IPO
Milky Mist Dairy Food Ltd. is preparing to launch a ₹20.35 billion (USD 213 million) initial public offering as early as the end of July or early August 2026, a move expected to become India’s largest-ever dairy sector IPO, according to people familiar with the matter. The Tamil Nadu-based company has completed investor roadshows, although…
Mother Dairy Eyes Revenue Doubling in 4 Years
Mother Dairy is targeting to double its revenue over the next three to four years from its current turnover of ₹20,300 crore, with growth driven by new manufacturing facilities, value-added products (VAP), and quick commerce, according to Managing Director Jayatheertha Chary. The company is expanding its processing footprint with upcoming plants in Nagpur, Bihar, Punjab,…
Kaladi Cheese Gets Scientific Upgrade for Global Reach
Jammu & Kashmir’s GI-tagged traditional cheese, Kaladi, is undergoing a scientific transformation aimed at extending its shelf life, enhancing value addition, and expanding its reach beyond regional markets. Researchers at the CSIR-Central Food Technological Research Institute have successfully increased the refrigerated shelf life of Kaladi to 21 days without affecting its taste, texture, quality, or…