India: Leading milk supplier ‘Mother Dairy’ forays into bread category

- Advertisement -

Mother Dairy, a leading milk supplier in India, entered into the bread segment in order to diversify its business. The company also announced to reach the revenue target of Rs 25,000 crore in the next 5 years.

“We are diversifying into confectionery and bakery segment with the launch of our bread,” Mother Dairy Fruit & Vegetable Pvt Ltd MD Sangram Chaudhary said.

He added the size of the bread market in India is about Rs 5,300 crore currently and is growing at an average rate of 10 per cent for the last five years.