Lactalis brand Lactel moves into Indian market

By Jim Cornall contact

- Last updated on GMT

Groupe Lactalis already has a foothold in the Indian dairy market through the ownership of Indian dairy brands such as Tirumala, Anik and Prabhat. Pic: Lactalis
Groupe Lactalis already has a foothold in the Indian dairy market through the ownership of Indian dairy brands such as Tirumala, Anik and Prabhat. Pic: Lactalis

Related tags: Lactalis, Uht milk, India

Lactalis’ French milk brand Lactel, has launched its UHT toned milk 1 liter packet into India.

Groupe Lactalis already has a foothold in the Indian dairy market through the ownership of Indian dairy brands such as Tirumala, Anik and Prabhat.

Lactel UHT milk, which will retail for Rs70 ($0.94) comes fortified with Vitamin A & D.

Rahul Kumar, managing director, Lactalis India, said “UHT milk, with market size of 800,000 liters a day in the country, is currently sold at Rs 64-74 a liter. Lactalis has priced the product at Rs 70 a liter. We would like to have a market share of 5% (30-40,000 liters a day) in the next two years in this segment."

Lactalis India comprises the three companies of Tirumala, Prabhat and Anik, which it acquired during the last six years. The firm expects revenue of Rs 17bn ($228.8m) from Tirumala, Rs 14bn ($18.8m) from Prabhat Dairy and Rs 6bn ($80.8m) from Anik for financial year 2020-21.

Groupe Lactalis first acquired Tirumala in 2014, followed by Anik and Prabhat in 2016 and 2018 respectively.

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Products

View more

Webinars