SME TImes News Bureau | 14 May, 2013
Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board (NDDB), Monday said it is eyeing a 30 percent business growth in its dairy product division to over Rs.800 crore this fiscal.
"In the last two years our dairy product business grew year-on-year by 30 percent. We expect the division would maintain the same sales growth in the next three to four years," Mother Dairy Fruit & Vegetable Private Ltd's business head (dairy products) Subhashis Basu said in Kolkata.
Basu said the firm was aiming to clock 30 percent sales growth in dairy products during this financial year to more than Rs.800 crore.
The Delhi-based company's dairy product division registered a turnover of about Rs.620 crore last fiscal.
According to Basu, the growth would come on the back of Mother Dairy's expanding footprints across the country as well as augmentation in product portfolio.
He was in the city on the occasion of launch of dairy products, including mishti doi (sweet curd), lassi in bottles and frozen yoghurt.
The dairy major had launched its entire range of ice creams in the city last year.
