Page 3 - Dairy Sector

Milk price hike: Dairy sector crisis seems over for now but will fester

India usually exports around 100,000 tonnes of skimmed milk powder annually, but the drop in international milk prices has forced it to cut exports

Maharashtra dairy farmers withdraw stir as govt hikes rate to Rs 25/litre

Under attack from dairy farmers' bodies seeking a fair procurement price, the government announced that milk suppliers would get Rs 25 per litre rate from July 21

Dairy sector to see Rs 140-billion investment in 3 years: CRISIL

Companies with a focus on value-added products are set to do well but those with focus on bulk liquid milk selling would remain laggards, says the study, due to oversupply of liquid milk as commodity

PE-VC deal value in dairy double of last year's

The domestic dairy industry has off late grabbed the eyeballs of private equity (PE) funds and venture capitalists (VCs), with the sector bagging $60 million investments in just two deals so far this year. As per data sourced from Venture Intelligence shows that so far in 2017 only two deals in the dairy space has fetched around $60 million (around Rs 385 crore). The deal values have been consistently on the rise in the past five years or so. From $13 million in 2013 to $30 million in 2016 and 2017 has already beat the previous year's cumulative deal value. (Refer Table 1) Venky Natarajan, managing partner, Lok Capital, a leading VC fund which has exposure to the dairy sector, feels that the sector has the potential to attract around Rs 5,000 crore over the next five years easily. In fact, Lok has identified dairy as one of its key investment sectors in its Fund III. It had made its maiden investment in dairy in 2016, when it led a series B funding of $6.7 million in HR Food ...

Dairy sector growth to stay high for now

Capacity expansion and brand building to improve margins

Adityanath wants Amul to bolster Uttar Pradesh dairy sector

UP has country's largest livestock population and is top dairy producer, yet its yield is quite low

Govt preparing action plan to attract more FDI in dairy sector

The Department of Animal Husbandry under the aegis of Agriculture Ministry is holding a series of discussion with private players in this regard