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Mother Dairy to expand value-added segment in West Bengal, eyes Rs 500 crore turnover from east in 5 years
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Mother Dairy to expand value-added segment in West Bengal, eyes Rs 500 crore turnover from east in 5 years
Apr 11, 2022 12:18 PM

Mother Dairy Fruit & Vegetable Pvt Ltd, a wholly owned subsidiary of the National Dairy Development Board (NDDB), on Monday said it is set to expand footprint in West Bengal over the next five years, augmenting manufacturing capacity of value-added dairy products and reaching out to more districts.

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The company’s value-added dairy offerings, including ice-cream, curd and butter, are at present available across 10 districts of the state, and it aims to double the count to 20 districts within five years.

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MG Motor India to invest Rs 4,000 crore for a second manufacturing plant

The eastern zone is one of the fastest-growing markets for our value-added dairy products portfolio, clocking a CAGR of around 35 percent in the last five years.

Going ahead, we plan to increase our brand presence and footprint along with portfolio and manufacturing capacities across the region, which will always be at the core of our expansion strategies, said Sanjay Sharma, Business Head Dairy Products, Mother Dairy Fruit & Vegetable.

The company aims to tap over 30,000 outlets from the current count of around 17,000 in the next five years, Sharma said at the launch of a TVC-led campaign for its popular Mother Dairy Mishti Doi’ (sweet curd).

Our objective is to grow the value-added dairy products portfolio at a CAGR of more than 30 percent over the course of five years. Our current utilised capacity at the Dankuni (Hooghly district) plant is 40 percent, which we would ramp up to 60 percent by this fiscal. We will take a call on further investment for the facility at the end of March 2023, he told.

Also read: Skoda enhances presence in North India to cater to customer needs

(Edited by : Anand Singha)

First Published:Apr 11, 2022 9:18 PM IST

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