Lactalis India eyes revenue growth of 5-6%
The Hindu
‘Acquisition to spur business in North’
Lactalis India, a part of France’s Lactalis group, is aiming for 5-6% revenue growth in the current fiscal, said managing director Rahul Kumar. ‘Last year, we registered revenue of about ₹4,000 crore and this year we will do about ₹4,200 crore, an increase of 5% to 6% in spite of a bad quarter,” said . Having acquired Thirumala milk dairy in 2014, followed by the Anik and Prabhat acquisitions in 2016 and 2018, respectively, Lactalis is now eyeing an acquisition to help growth in the North and East regions of the country.
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