If you’re interested in the dairy industry, it’s essential to know about the top 10 milk-producing companies in India. These enterprises play a vital role in fuelling India’s economy and feeding its growing population. With a rich variety of products on offer, these companies contribute significantly to the country’s agro-industrial sector.
From small-scale farmers to large commercial dairies, countless contributors to this thriving industry stand out for their quality and commitment. Let’s take you through some remarkable players who’ve revolutionised milk production, not just churning out gallons of fresh milk daily but also offering an array of dairy delights like cheese, butter, yoghurt and more.
With such an extensive market spread across diverse regions, staying informed about these key players is crucial. So whether you’re an investor looking for potential opportunities or simply a curious consumer wanting to know where your daily pint comes from – we’ve got you covered!
Milk-Producing Industry in India
- The Indian dairy market size reached INR 14,899.8 billion in 2022.
- The market is projected to grow from USD 124.93 billion in 2023 to USD 227.53 billion by 2028.
- The dairy sector is expected to grow at over 6% in 2023-2024.
- India is the largest dairy producer globally, accounting for 23% of global milk production. Similar to the dairy industry, other sectors like shipping and paper manufacturing also significantly contribute to India’s global market presence.
- The dairy industry contributes 5% to India’s national economy and directly supports more than 8 crore farmers.
- Based on estimates by the National Dairy Development Board (NDDB), the demand for milk in India is likely to reach 180 million tonnes by 2022.
- India’s dairy industry has grown significantly over the past 10 years, with milk production increasing at a CAGR of 6.2% from 146.31 million tonnes in 2014-15 to 209.96 million tonnes in 2020-21.
Milk Producing Companies in India
Here are the top 10 milk-producing companies in India:
- Amul (Gujarat Cooperative Milk Marketing Federation Ltd)
- Mother Dairy.
- Parag Milk Foods Ltd.
- The Kerala Cooperative Milk Marketing Federation Ltd (Milma).
- Karnataka Milk Federation (Nandini).
- Tamilnadu Co-operative Milk Producers Federation Ltd.
- Hatsun Agro Product Limited.
- Heritage Foods Limited.
- Kwality Limited.
- Tirumala Milk Products Private Limited.
- Amul (Gujarat Cooperative Milk Marketing Federation Ltd)
- 2022-23 revenue: ₹55,055 crore (approximately $7.3 billion)
- Growth rate: 18.5% from the previous financial year
- Group turnover: ₹72,000 crore (approximately $9 billion)
- Mother Dairy
- 2022 revenue: approximately ₹12,500 crore ($1.7 billion)
- Also mentioned, a slight dip in net profit compared to previous years
- Parag Milk Foods Ltd.
- Revenue in 2022-23: ₹2,853.20 crore (approximately $0.35 billion)
- Net income for the quarter ending June 30, 2023: ₹214.17 million (approximately $2.8 million)
- The Kerala Cooperative Milk Marketing Federation Ltd (Milma)
- 2021-22 turnover: ₹4,300 crore (approximately $0.57 billion) – 25% increase from previous fiscal year
- Karnataka Milk Federation (Nandini)
- 2023 operating income: ₹48 billion
- Tamilnadu Co-operative Milk Producers Federation Ltd. (Aavin)
- Profit in 2020: ₹83.5 lakh (approximately $0.11 million)
- Sale in 2020: over ₹6 crore (approximately $0.8 million)
- Hatsun Agro Product Limited
- 2022-23 operating revenues: ₹7,246.97 crore (approximately $0.96 billion)
- Profit: ₹165.86 crore (approximately $22 million)
- Heritage Foods Limited
- Operating revenues as of August 2023: INR 3,208.68 crores
- FY2022 consolidated revenue: INR 26,813 million
- Kwality Limited
- As per September 2021, net sales: INR 18.23 crores
- Tirumala Milk Products Private Limited
- Operating revenues surpassed INR 500 crores for the financial year ending on 31 March 2022.
1. Amul (Gujarat Cooperative Milk Marketing Federation Ltd)
You’d be hard-pressed to find anyone in India who hasn’t heard of Amul. Founded on 19 December 1946, this stalwart of the Indian dairy industry was brought into existence to end the exploitation faced by small dairy farmers from traders and agents. Today, it’s a cooperative under the control of 3.6 million milk producers, with its primary subsidiary being the Gujarat Cooperative Milk Marketing Federation Ltd.
Based out of Anand, Gujarat, Amul has grown exponentially over the years. The company reported an impressive revenue of ₹55,055 crore (approximately $7.3 billion) for 2022-23 – that’s an astounding growth rate of 18.5% from the previous financial year! Their group turnover wasn’t far behind either with an equally impressive figure – ₹72,000 crore (approximately $9 billion). Beyond dairy, Indian markets are diversified with industries like consumer durables and jewellery, each playing a pivotal role in the economy.
With a workforce comprising around 2,396 employees, and another 6,500 in its dairy division alone, they’ve got quite a team at their disposal! This manpower helps them churn out their extensive range of diary products which includes but isn’t limited to:
- Butter
- Sweets
- Fresh cream
- Milk powders
- Ghee
- Bread spreads
- Curd
- Ice creams
- Chocolates
And many more! They’ve been recognized as well for their efforts – notably winning the topmost International Dairy Federation Marketing Award for launching probiotic ice cream back in 2007.
It wouldn’t be wrong to say that Amul is amongst India’s most successful exports either; while they primarily cater to consumers and retailers within India, their reach extends beyond borders too.
Amul continues expanding steadily by adding new markets and launching fresh products all while increasing milk processing capacities across India.
Their contributions haven’t gone unnoticed; apart from bagging numerous other awards and recognitions such as APEDA Award for Excellence in Dairy Product Exports (13 consecutive wins!), they hold significant market share within India thanks to their widely recognized product line-up.
They might not have specific brand ambassadors per se but you can bet your last penny that their creative ad campaigns pack quite a punch!
2. Mother Dairy
From humble beginnings back in 1974, Mother Dairy has grown exponentially over the years to become one of India’s leading milk producers. It was founded as a division of the National Dairy Development Board (NDDB) and operates as a wholly-owned subsidiary today. This reputable company is recognised for its significant contribution to Operation Flood – an initiative aimed at making India self-sufficient in milk production.
In addition to dairy, sectors like automobile manufacturing and electric vehicle production are also driving India’s industrial growth.
In terms of financial performance, Mother Dairy produced impressive revenue figures in the fiscal year 2022. The company generated approximately ₹12,500 crore ($1.7 billion), although it experienced a slight dip in net profit compared to previous years, reporting around ₹100 crore ($13.3 million). Despite this decline, the organisation still maintains solid standing within the industry.
A workforce totalling around 3,000 employees stands behind Mother Dairy’s success and they’re responsible for manufacturing an array of products that extend far beyond just milk. The brand has become synonymous with quality dairy goods such as cultured products, ice creams, paneer and ghee. Additionally, their product line also includes edible oils alongside fresh and frozen fruits and vegetables.
The bulk of Mother Dairy’s clientele consists primarily of consumers and retailers across India – a testament to its strong domestic presence. Its headquarters are located in Noida, Uttar Pradesh; however its influence reaches much further than these geographical boundaries suggest.
One noteworthy achievement is that Mother Dairy holds a commanding 66% market share within Delhi’s branded sector alone! They sell approximately 2.5 million litres of milk daily within this region which places them second overall amongst Indian milk producers.
Looking forward towards future growth strategies reveals exciting plans on the horizon for Mother Dairy; they’re set to roll out more than 100 new products designed specifically to cater for emerging consumer trends!
Finally yet importantly: research & development sits high on their strategic agenda too – a clear indication that they’re firmly focused on continued expansion through diversification into various market sectors.
3. Parag Milk Foods Ltd.
Let’s dive into the details about Parag Milk Foods Ltd., one of India’s leading milk-producing companies.
Well, they reported an impressive revenue of ₹2,853.20 crore (approximately $0.35 billion) in 2022-23. Even better, their net income for the first quarter that ended June 30, 2023 was ₹214.17 million (approximately $2.8 million).
| Financial Year | Revenue | Net Income |
|---|---|---|
| 2022-23 | ₹2853 Cr ($0.35 Bn) | Q1 – ₹214 Mn ($2.8 Mn) |
No surprise then that this company employs around 1,563 people!
Parag Milk Foods manufactures, markets and sells an array of milk products:
- Ghee
- Fresh milk
- Skimmed milk powder
- Whole milk powder
- Paneer
- Processed and natural cheese
- Cheese spreads
- Butter
- Dahi (yoghurt)
- Dairy whitener
- Gulab jamun mix
These products are sold under household brand names such as ‘Gowardhan’ and ‘Go’. Additionally, they offer products under the ‘Pride of Cows’, ‘Topp Up’, and ‘Avvatar’ brands.
Their clientele is far-reaching — predominantly consumers and retailers in India but also extending overseas to countries like United Arab Emirates, Singapore, Mauritius among others.
Parag Milk Foods proudly calls Mumbai its home base but it didn’t start out being so big! The company was founded back in 1992 by Mr Devendra Shah with only a dairy farm in Manchar boasting a humble capacity of 20k litres. They initially focused on producing skimmed milk powder before becoming India’s largest exporter by 2004!
Today they’re known for more than just powdered milk – Parag Milk Foods is India’s second-largest producer of cheese under its ‘Go’ brand and the country’s largest producer of cow ghee under its ‘Gowardhan’ brand.
It looks bright for Parag Milk Foods as they continue expanding their product portfolio to cater to evolving consumer trends and preferences.
4. The Kerala Cooperative Milk Marketing Federation Ltd (Milma)
Let’s take a look at The Kerala Cooperative Milk Marketing Federation Ltd, more commonly known as Milma. This successful milk-producing company plays a crucial role in India’s dairy industry, particularly in the southern state of Kerala.
Founded back in April 1980, Milma was conceived as part of the National Dairy Programme ‘Operation Flood’. Today, it prides itself on being a three-tiered organisation with over 15.2 lakh farmer memberships through 3,071 milk cooperatives by March 2022. That’s quite an impressive feat!
They’ve even gone one step further and have been instrumental in achieving the national goal of self-sufficiency in milk production within their home state – a noteworthy accomplishment that deserves recognition.
| Year Established | Headquarters | Employees |
|---|---|---|
| 1980 | Thiruvananthapuram, Kerala | 1,001-5,000 |
With its headquarters nestled right in Thiruvananthapuram, Milma produces and distributes vitamin-A enriched pasteurized milk along with various other milk-based products throughout Kerala. They’ve even ventured into refreshing beverages with their popular mango drink!
In terms of revenue and profit figures for Milma, for the financial year 2021-22 alone, they reported an impressive turnover of ₹4,300 crore (approximately $0.57 billion), marking a remarkable 25% increase from the previous fiscal year.
To give you some perspective:
| Financial Year | Turnover |
|---|---|
| 2020-21 | ₹3,440 crore |
| 2021-22 | ₹4,300 crore |
From this data alone it’s clear to see why Milma is regarded as one of India’s top-performing milk-producing companies – they’re definitely making their mark on India’s dairy landscape!
5. Karnataka Milk Federation (Nandini)
Karnataka Milk Federation (KMF), one of the top milk-producing companies in India, has made its mark with consistency and quality. With an operating income surpassing ₹48 billion in fiscal year 2023, it’s clear that KMF is thriving.
| Fiscal Year | Operating Income |
|---|---|
| FY23 | ₹48 billion |
While it might surprise you to learn that this significant operation runs with fewer than 25 employees, it’s a testament to the efficiency and dedication of the team at KMF.
Nandini, KMF’s flagship brand, offers a wide range of dairy delights. From pasteurized toned milk and full cream milk to curd, ghee, butter and even ice cream – there truly is something for every dairy lover under the Nandini umbrella. Chocolates and sweets add an extra dash of sweetness to their already impressive repertoire.
Primarily serving consumers and retailers in Karnataka, Nandini has become a staple in many households across the region. Their headquarters are nestled comfortably in Bengaluru, making them a point of pride for Karnataka locals.
Proudly standing as India’s second-largest milk cooperative isn’t just about volumes produced or revenue generated – it reflects their commitment to supporting dairy development within Karnataka itself. That alone makes KMF a key player on our list of top milk-producing companies in India.
Delving into their history reveals roots embedded deep within community development initiatives. Originally founded as the Karnataka Dairy Development Corporation (KDCC) back in 1974 to execute a World Bank-governed project, they’ve come quite far since those early days. Evolving into what we now know as the Karnataka Milk Federation by 1984, they encompassed 13 district cooperative milk unions under their banner.
This journey underscores not only their growth but also their intent – driving both economic prosperity through business success while catalysing local community growth through increased dairy production capabilities.
6. Tamilnadu Co-operative Milk Producers Federation Ltd.
Diving into the heart of the dairy industry, we’re introduced to the Tamilnadu Co-operative Milk Producers Federation Ltd., commonly known as Aavin. With an impressive profit of ₹83.5 lakh (approximately $0.11 million) in the financial year 2020 and a sale of over ₹6 crore (approximately $0.8 million), it’s clear that they’re making significant strides within their sector.
| Financial Year | Profit | Sale |
|---|---|---|
| 2020 | ₹83 lakh ($0.11 million) | ₹6 crore ($0.8 million) |
Aavin isn’t a small operation by any stretch; they boast around 1,000-4,999 employees dedicated to producing quality dairy products for its customers.
Their wide range includes milk, ghee, curd, milk powder and various other milk-based items – an assortment designed to meet all your dairy needs!
- Milk
- Ghee
- Curd
- Milk Powder
- Other Dairy Products
Primarily serving consumers and retailers in Tamil Nadu, India, Aavin has made a name for itself since its establishment in 1972 as the Tamil Nadu Co-operative Milk Producers Federation Limited – an apex body of three-tier cooperatives set up across Tamil Nadu and district-level milk producer unions.
It’s worth noting that Aavin’s headquarters is found nestled in Chennai, Tamil Nadu . If you’re looking for proof of achievement, look no further than Aavin’s role in enhancing dairy development within Tamil Nadu and their contribution towards increasing per capita availability of milk within the state – certainly cause for recognition!
7. Hatsun Agro Product Limited
As you navigate the landscape of India’s top milk-producing companies, it’s impossible to ignore Hatsun Agro Product Limited. This giant in the dairy sector is a key player that continues to make remarkable strides.
Established by RG Chandramogan in 1970, Hatsun Agro initially made its mark with ice cream production under its flagship brand Arun. The company moved into marketing fresh milk in pouches by 1993 and later ventured into dairy ingredients manufacturing from 2003. Today, their diverse product range includes milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee and paneer.
| Revenue | Profit | Employees |
|---|---|---|
| ₹7,246 crore ($0.96 billion approx.) | ₹165 crore ($22 million approx.) | Around 4,356 |
These figures are testament to Hatsun Agro’s impressive reach and performance within the industry for the financial year 2022-23. But it doesn’t stop there; their main consumer base includes individual consumers and retailers spread across India.
The company operates out of its headquarters located in Chennai — Tamil Nadu’s capital city known for its cultural heritage and thriving economy.
Well, Hatsun Agro holds the title as one of India’s leading private dairy firms with popular brands such as:
- Arun Icecreams
- Arokya Milk
- Hatsun
- Ibaco
- Santosa
8. Heritage Foods Limited
Heritage Foods was founded in 1992 by Mr. Nara Chandrababu Naidu with the aim of creating and sharing wealth ethically among the farming community. The company has a significant market presence in the dairy sector across various states in India
As of August 2023, Heritage Foods Limited reported total operating revenues of INR 3,208.68 crores. In FY2022, the company’s consolidated revenue was INR 26,813 million, growing by 8% YoY.
Heritage Foods has over 3,000 employees. The company is a leading manufacturer and supplier of milk and dairy products, including curd, paneer, ghee, butter, cheese, fresh cream, and ice cream. It also operates in the retail, agri, bakery, and renewable energy sectors.
Heritage Foods serves customers in more than 250 cities across India. The company is headquartered in Hyderabad, India.
Heritage Foods has expanded its market presence across several states in India, including Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharashtra, Odisha, and NCR Delhi. It has also grown its retail store presence across Bangalore, Chennai, and Hyderabad.
Heritage Foods has ensured reliable integration between Microsoft SQL Server databases and its central SAP system, resulting in improved efficiency and connectivity.
Heritage Foods focuses on expanding its value-added product portfolio and has a pipeline of new products for the coming quarters. Heritage Foods has a subsidiary, Heritage Nutrivet Limited (HNL), which operates in the cattle feed business.
Smt. Bhuvaneswari Nara serves as the Vice Chairperson & Managing Director of Heritage Foods. Mrs. Brahmani Nara is the Executive Director of the company.
9. Kwality Limited
Kwality Limited, one of India’s leading dairy product processors, is a publicly listed company on the Bombay Stock Exchange. With its headquarters nestled in New Delhi, it’s got an impressive portfolio up its sleeves.
Let’s delve into some figures to get a clearer picture. As per September 2021 data, the company recorded net sales of INR 18.23 crores – this marked a decrease of 28.32% YoY.
| Year | Net Sales (INR Crores) | Change |
|---|---|---|
| 2020 | 25 | —– |
| 2021 | 18 | -28.32% |
With an extensive range of dairy products like milk, ghee, butter, milk powder, curd, yoghurt and even cheese, Kwality Limited has something for everyone:
- Fresh Milk
- Dahi
- Fresh Cream
- White Butter
- Table Butter
- Pasteurized Butter
- Cow Ghee
- Desi Ghee
They’ve also managed to secure key partnerships with major players in the industry. They’re involved in processing and packing milk for none other than the ‘Amul’ brand due to their MoU with GCMMF and have a strategic alliance with ‘Britannia’ industries for manufacturing and packing curd.
Looking back at their journey, you’d find that Kwality Limited was incorporated back in 1992. Originally established as a backward integration unit of Kwality Ice-creams, it was later taken over by its current promoters.
Over time they’ve had quite some memorable achievements; one such highlight being their selection as the top Indian Company under the ‘Food & Agro processing’ sector at the Dun & Bradstreet Corporate Award in 2014!
Their partnership game remained strong when they secured an investment worth INR 5.2 billion from KKR India back in June 2016 which led to them facilitating disbursement of the first tranche of INR 4,000 crores loans to farmers just next year!
On expanding horizons front – they own a wholly-owned subsidiary known as Kwality Dairy Products FZE.
10. Tirumala Milk Products Private Limited
Founded in 1996, Tirumala Milk Products Private Limited has grown to become a major player in the dairy industry of South India. Let’s delve into the specifics of this prominent company.
Firstly, it’s important to understand the financial standing of Tirumala Milk Products. The operating revenues for the company surpassed INR 500 crores for the financial year ending on 31 March 2022. However, it wasn’t all smooth sailing as their EBITDA saw a significant decrease by 44.42% compared to last year. Despite this setback, their net worth managed to see a slight increase by 0.81%.
| Financial Aspects | Figures |
|---|---|
| Operating Revenues | >INR 500 Crores |
| EBITDA Change | -44.42% |
| Net Worth Increase | +0.81% |
When it comes to products, Tirumala caters to various dairy needs such as milk, butter and milk powder among others. They also manufacture niche items like flavoured milk, cottage cheese and even ice cream.
- Milk
- Butter
- Milk Powder
- Flavoured Milk
- Cottage Cheese
- Ice Cream
This Chennai-based enterprise has made a substantial impact through its nine manufacturing plants spread across southern states of India.
A key turning point in the history of Tirumala was its acquisition in 2014 by French dairy group Lactalis; A strategic move that further bolstered its position within the industry.
In summary, Tirumala Milk Products Private Limited stands out not only due to its wide range of products but also because of strategic partnerships and robust infrastructure across southern India.
Conclusion
You’ve journeyed through the cream of the crop, discovering the top 10 milk-producing companies in India. From Amul to Mother Dairy, each company has brought something unique to your table.
Let’s not forget the importance these companies hold in our lives. They’re not just commercial enterprises but lifelines for millions across India and beyond. Each sip of their products is a testament to their commitment and hard work – from ensuring quality control, implementing sustainable methods and contributing positively towards rural economies.
Remember that behind every glass of milk or slice of cheese you enjoy lies a complex process driven by dedicated teams who strive for excellence daily. These companies embody resilience, innovation and responsibility towards society.
So next time when you pour that glass of milk or add cheese into your favorite dish, give it an extra thought! You’re partaking in a rich legacy shaped by these Top 10 Milk-Producing Companies in India.
As India continues to flourish in dairy production, other industries like textile and utility are also making significant strides, showcasing the diverse strength of India’s economy.
FAQs
Who are the top 10 milk-producing companies in India?
The Top Milk-Producing Companies In India Include Amul, Mother Dairy, Kwality Limited, Parag Milk Foods Ltd, Heritage Foods, Hatsun Agro Products, Dudhsagar Dairy, Aavin, Milma, And KSE Ltd.
Are there any environment-friendly dairy companies in India?
Yes, Mehsana District Cooperative Milk Producer, Also Known As Dudhsagar Dairy, Is Known As An Environment-Friendly Organization.
Which Is The Biggest Milk-Producing Company In India?
The Largest Milk-Producing Company In India Is Amul. It Has A Well-Established Presence In The Nation’s Milk Production Industry And Is Recognized Nationwide.
Which are the largest dairy companies in the world?
Global Dairy Industry Leaders Include Nestle Dairy, Mengniu Dairy, Dean Foods, Darigold, And Fonterra.
What Are The Top Dairy Companies In Andhra Pradesh, India?
Andhra Pradesh Dairy Is One Of The Top Dairy Companies In The Region. Other Prominent Dairy Companies Operating In Andhra Pradesh Include Heritage Foods.
