LACTALIS INDIAN BID MAKES STRATEGIC SENSE SAYS DAIRY ASSOCIATION BOSS
November 3rd, 2013
Satish Kulkarni, chairman of the Indian Dairy Association’s south zone in Bangalore, has told just-food that France’s Lactalis Group is showing a sound sense of strategy by joining the race to acquire majority state in India’s Tirumala Milk Products Pte Ltd. Kulkarni noted that the Indian dairy sector was a major growth area, with milk production increasing annually by about 4%, while internationally the growth rate is 1.2% to 1.3%. Furthermore, he said that India also produces milk at a competitive price and is therefore a potential stable source of raw ...
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