Mother Dairy marked 50 years with 16% turnover growth to Rs 17,500 crore in FY25 and plans to exceed Rs 20,000 crore by FY26 through protein-rich products and a Rs 1,500 crore expansion in India.
India’s Mother Dairy Fruits & Vegetables Pvt Ltd, a subsidiary of the National Dairy Development Board (NDDB), celebrated its 50th anniversary in FY2024-25 by registering an impressive 16% growth, achieving a turnover of nearly Rs 17,500 crore. The company now aims to surpass Rs 20,000 crore in revenue by FY2026, underscoring a robust growth trajectory in the Indian dairy sector.
Managing Director Manish Bandlish shared strategic insights highlighting that the company’s expansion is driven by innovation in product offerings and operational efficiency. Mother Dairy’s introduction of protein-rich dairy products such as paneer, curd, and the nutrition-focused “Promilk” variant addresses the growing consumer demand for health-conscious options. This aligns with a broader market trend favoring protein-enriched foods, crucial for India’s evolving dietary patterns.
Bandlish also emphasized the company’s proactive management of raw milk price volatility by implementing a structured procurement system and strengthening farmer partnerships. These initiatives enhance supply chain resilience and ensure steady input costs, a vital factor in maintaining competitive margins.
The competitive landscape is intensifying with the entry of southern dairy brands into northern Indian markets, particularly the National Capital Region (NCR). However, Mother Dairy leverages its longstanding market presence and trusted brand equity to maintain dominance.
Government initiatives by the Ministry of Fisheries, Animal Husbandry and Dairying, and the Ministry of Cooperation, are expected to further bolster the sector, providing infrastructure support and cooperative development. Mother Dairy’s Rs 1,500 crore capital expenditure plan includes a state-of-the-art processing facility in Nagpur, which will enhance production capacity and meet growing demand in key markets such as Rajasthan.
From a financial perspective, this growth outlook reflects Mother Dairy’s commitment to diversifying its portfolio while maintaining operational discipline. The company’s strategic investments in technology, infrastructure, and cooperative enhancement are designed to sustain profitability amid sectoral fluctuations.
Bandlish’s vision extends to positioning India as a global dairy export hub, capitalizing on the country’s high milk production capabilities. This aligns with macroeconomic trends favoring dairy exports as a growth engine for India’s agribusiness sector.
In conclusion, Mother Dairy’s ambitious expansion plan and product innovation strategy signal its intent to capture greater market share and drive sustained revenue growth, aiming to cross Rs 20,000 crore by FY26, reinforcing its role as a financial powerhouse in India’s dairy industry.