INDIA – Mother Dairy, a leading player in India’s dairy industry, is gearing up for an anticipated surge in demand this summer.
With expectations of a 25-30% increase in consumer demand, the company is poised to expand its product offerings and production capacities.
Manish Bandlish, Managing Director of Mother Dairy Fruits and Vegetables Pvt Ltd, expressed confidence in the company’s readiness to meet the rising demand.
He highlighted plans to introduce 30 new products, particularly focusing on ice cream and yogurt categories, to cater to evolving consumer preferences.
“The company’s infrastructure, consisting of nine company-owned dairy processing plants with a collective capacity exceeding 5 million liters per day, positions Mother Dairy to capitalize on the seasonal upswing.”
Bandlish emphasized the importance of the forthcoming summer season for their business, citing favorable weather predictions by the Indian Meteorological Department.
“To meet the increased demand, Mother Dairy has invested significantly in enhancing production capacities, allocating up to Rs 50 crore for this purpose. “
Bandlish disclosed plans to unveil a diverse range of new offerings, including 20 ice cream variants, Greek yogurts, and other dairy delights, marking their golden jubilee year.
Meanwhile, Bandlish has projected a robust 25-30% increase in demand for Mother Dairy’s products compared to the previous season.
Additionally, the company unveiled ambitious expansion plans, earmarking Rs 750 crore for investments in setting up new processing plants for milk and fruits and vegetables, alongside augmenting existing capacities.
A major part of this expansion includes the establishment of a state-of-the-art dairy plant in Nagpur, with an investment of approximately Rs 525 crore, boasting a processing capacity of 6 lakh liters of milk per day.
Furthermore, a new fruit processing plant under the Safal brand, with an investment exceeding Rs 125 crore, is slated to be commissioned in Karnataka.
Simultaneously, Mother Dairy plans to reinforce capacities at its existing facilities, with an investment of around Rs 100 crore.
Despite challenges such as subdued summer demand and deflation in the edible oil sector, the company aims for a moderate growth rate of approximately 7-8% in volume terms for the fiscal year 2023-24.
Established in 1974 under the ‘Operation Flood’ initiative to bolster India’s milk production, Mother Dairy has evolved into a subsidiary of the National Dairy Development Board (NDDB).
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