Rate this item
  • 0.00 / 5 5
(0 votes)

HYDERABAD: Indian private sector dairies are increasingly scouting for global alliances to avail technologies that could help them launch fast-moving value-added products like yoghurt, colostrum, milk powder and ghee.

Hyderabad-based Heritage FoodsBSE 0.14 %, a private sector dairy founded by Andhra Pradesh chief minister N Chandrababu Naidu, recently roped in a European partner, while Mumbai-based firms Parag Milk Foods and Prabhat Dairy have teamed up with a Swedish dairy and a Th ..

“These (technology) arrangements are primarily aimed at gaining rich experience from global players on the line of FMCG (fast moving consumer goods) companies like BritanniaBSE 0.21 % and Hindustan UnileverBSE -0.62 %, as it has become imperative for dairy players to come up with new and innovative value-added products that give higher margins,“ said Dhaval Mehta, research analyst at financial services firm Emkay GlobalBSE 3.25 %.

According to analysts, while liquid milk fetches a margin of 8-10%, valueadded products yield up to 40% mar gins in the case of beverages and ice creams. “It doesn’t involve huge investments in tying up with a global player for developing a new product, so they are getting added benefits,“ said Mehta.

India is the world’s largest milk producer, accounting for nearly one-fifth of global milk production, followed by the United States, China, Pakistan and Brazil.

Previous Post Robinsons Brewery's Iron Maiden Hallowed - Product Launch
Next Post Lactalis buys Stonyfield from Danone for $875 million

Leave a Reply

0
Connecting
Please wait...
Send a message

Sorry, we aren't online at the moment. Leave a message.

Your name
* Email
* Describe your issue
Login now

Need more help? Save time by starting your support request online.

Your name
* Email
* Describe your issue
We're online!
Feedback

Help us help you better! Feel free to leave us any additional feedback.

How do you rate our support?