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Lactalis India eyes turnover of Rs 4,500 cr in 2021-22

Thursday, 12 Nov 2020
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Lactalis India, the Indian arm of French dairy company Lactalis, is eyeing a turnover of Rs 4,500 crore in 2021-22. The company expects to close 2020-21 with Rs 3,500 crore turnover. 
Lactalis India comprises three companies of Tirumala, Prabhat and Anik that it acquired during the last six years. The firm expected revenue of Rs 1,700 crore from Tirumala, Rs 1,400 crore from Prabhat Dairy and Rs 600 crore from Anik for FY21. 
The firm, with a combined capacity of 20 lakh lpd, is planning to raise the levels up by seven lakh lpd in order to accrue Rs 1,000 crore more revenues in FY22. 
The company introduced Lactel Ultra-High Temperature (UHT) or ultra pasteurised toned milk, eyeing a pie in the high-value milk category. 
The company is making investment of Rs 100-120 crore every year in expanding the production capacities and processing capacities in the country.
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