Apr 24 Mumbai

CRISIL Ratings webinar - Organised dairies: The road ahead



India is the largest producer and consumer of milk. Its dairy sector accounts for a fifth of its farmers' income by value, and is dominated by unorganised players.


But organised players are fast catching up, with revenues growing at a compound annual growth rate of ~15% between fiscals 2013 and 2018, compared with the sector’s growth of ~12%.


That's drawing more capital, including private equity, and new entrants.


Organised dairies are also diversifying. For example, large cooperative dairies are expanding beyond their traditional strongholds, while private ones are sharpening focus on value-added products and increasing market reach.


However, the sector currently faces some challenges such as low international prices for milk powder, inventory accumulation, and higher working capital borrowings.


Credit quality has, however, remained largely stable.

In this context, CRISIL Ratings invites you to a webinar where we will discuss the following:

  • Demand prospects for dairy products and supply dynamics
  • Implication of current phase of lower global milk powder prices
  • Factors driving interest of new entrants and private equity players
  • Outlook on the credit profiles of players


The presentation will be followed by a panel discussion with experts from the industry, and a Q&A session.

Dial-in Numbers for Audio

  • India Toll Free Number
    1800 120 1221

    +91 22 7115 8056

  • Local Access (Available all over India)

    International Toll Free Numbers
    United States: 1 866 746 2133
    United Kingdom: 0 808 101 1573
    Singapore: 800 101 2045

  • For any assistance/ query, please call:
    Jeemit Shah 
    +91 22 3342 3275




Vivek Nirmal
K Bhasker Reddy
Sharad Saluja
Sanjeev Kharbanda