Reliance Dairy Foods eyes larger slice of processed dairy products

摘要

India is the world's largest milk producer and, according to a study jointly published by the Central Ministry of Food Processing Industries and Federation of Indian Chambers of Commerce and Industry; aboutincreased prices of cattle food and below-average rainfall. Gujarat Cooperative Milk Marketing Federation, India's largest food products marketing organisation and owner of Amul brand, hiked prices of brands such as 'Taaza' and 'Slim and Trim' by Re 1 per litre and by Rs 2 per litre for brands such as 'Gold' and 'Shakti' in Gujarat. Nestle India has also major plans to increase its market share in the organised milk segment. However, with products such as Nestle Milk, Pro-Heart milk and Slim Milk, it mainly caters to niche segment and to the aspirant class. In fact, existing companies such as Nestle India and Parag Milk Foods too have drawn up big investment plans to expand their reach in the Rs 40,000-crore branded milk distribution business that's growing 10-12% a year. Analysts opine that in terms of investment, companies need to make one-time investment for setting up processing units and supply chain units with cold storage facilities.