Tech intensive dairy industry is more sustainable, K Rathnam explains
The dairy industry is limping back to life in the post-Covid era, having faced challenges such as demand degeneration, high cattle maintenance costs, and shifting demand patterns. Despite the fact that it has been a difficult time for farmers, particularly small and marginal, with a limited number of milch animals, the pandemic has also forced […]
Milkymist launches Skyr : An Icelandic High protein Yogurt range
Milky Mist always emphasizes on introducing process technology, new product lines and state of the art machinery along with ESG activities. Milky Mist has commissioned state of the art Dairy plant in 2019 with a capacity to handle a million LPD. Milky Mist is also setting up a new facility with an investment outlay of […]
Milky mist eyes $120m in its first institutional fundraising round
Milky Mist Dairy Food is in talks with private equity funds corresponding to Chryscapital , Kedaara, Multiples, True North, TA and Temasek to lift $100-120 million in what could be its first institutional funding , 4 individuals with direct data of the matter mentioned. “The final binding bids are expected to be in towards the end […]
The road towards a sustainable future : Milky mist Dairy
Milky Mist Dairy- Pioneer in green energy and self-sustainability. Milky mist Dairy has commissioned a 7 MW power plant at Kavilipalayam, Erode on March 21st 2022, thus establishing itself as the forerunner in environmental sustainability. Milky mist with an annual turnover of Rs. 1100 Cr has embarked on switching over to renewable green energy resources over […]
Milky mist diversifies into daily need products by acquiring Asal foods
Private dairy Milky Mist Dairy Food has announced its diversification into daily need consumer fresh food industry. It has been done through acquisition of Asal Foods Industries, for an undisclosed sum. Milky Mist’s CMD Sathish Kumar says, “We expect a 10% revenue share through this acquisition of Asal Foods (Milky Mist earns Rs 1,000 crore […]
Milky Mist launch Building healthy India initiative
Dairy plays a significant part in Indian society’s numerous aspects, including cuisine, religion, culture, and the economy. India has the highest level of milk production and consumption of all countries. It has an annual output of 186,000 tonnes as of 2018. Milky Mist is synonymous with premium quality dairy products available across India. To commemorate […]