Dairies to log 5-6% growth this fiscal to reach 1.5 Lakh Crore this year
Revenue of the organised dairy sector in India, after churning to a decadal-low growth of ~1% last fiscal, is expected to grow 5-6% to Rs 1.5 lakh crore this fiscal. Healthy demand revival in value added products (VAP, 30-35% of organized sector revenue) post pandemic effect last fiscal, lower restrictions as compared with the earlier […]
Profitability of dairy industry to reduce by 0.50-0.75% : Crisil report
Crisil reserach published their report on dairy sector. Sales of Value added products like ice cream, cheese, flavoured milk, curd and yoghurt to degrow 2-3% this fiscal.Value added products are more profitable than liquid milk . VAP account for 30% of the organised dairy sector’s revenue, This would reduce operating profitability by as much as 50-75 basis points […]
