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Manish Bandlish (centtre), Managing Director, Mother Dairy, unveils Promilk with other company officials
Mother Dairy Fruit & Vegetables Pvt Ltd is aiming to garner revenues of ₹20,000 crore in FY25-26 eyeing a strong double digit growth. The company is also ramping up its manufacturing capacity with both greenfield and brownfield investments of about ₹1,400-1,500 crore over the next 2-3 years.
The milk and milk products major on Wednesday launched a new sub-brand called “Pro” starting with Promilk, in a bid to offer high-protein products.
Manish Bandlish, MD, Mother Dairy told businessline, “Despite the macro-economic conditions, we have witnessed strong growth over the past four years. We will close FY25 with revenues of over ₹17,000 crore up 15-16 per cent. We are again planning to target a growth of 15-16 per cent in FY26 and aiming to garner revenues of ₹20,000 crore.”
He added that dairy food categories are growing at upwards of 20 per cent and Safal has garnered a growth of 25 per cent in FY25.
Talking about manufacturing capacity expansion, Bandlish said that the company is setting up two new plants for brand Safal in Gujarat and Andhra Pradesh with a total investment of about ₹500-600 crore. “ We are also setting up new dairy plant in Nagpur. There are various investments being planned for capacity expansion in existing manufacturing facilities. So overall, we expect to invest ₹1,400-1,500 crore in capacity enhancement in the next 2-3 years.”
At a time when consumers are increasingly seeking protein-rich food options, Mother Dairy is betting big on the evolving consumer needs with its protein-rich range under sub brand “Pro”. While the first product is Promilk, the company plans to launch a diverse range of protein-rich daily dairy staples including paneer and curd, which includes pouch and set curd.
“Studies indicate that 70-80 per cent of Indians do not meet their daily protein requirements, despite protein being available in varied forms and formats. We embraced this challenge by designing a Pro range of products for everyday solution that seamlessly fit into one’s routines requiring no behaviour changes,” he added.
Published on March 26, 2025
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