Dairy industry to witness 13-14% revenue growth this year on strong demand
India's dairy industry is expected to witness healthy revenue growth of 13-14 per cent this financial year, as strong consumer demand continues along with improved supply of raw milk, a report said on Wednesday. While demand will be supported by rising consumption of value added products (VAP), ample milk supply will be driven by good monsoon prospects, Crisil Ratings said in a report. Rise in raw milk supply will also lead to higher working capital requirements for dairy players, the report noted. Читать дальше...