Britannia mulls expansion of dairy business

We will expand international business with focus on countries with Indian diaspora, says report

Food major Britannia is keen to expand its dairy business, which contributes five to six per cent to its annual turnover, as it looks to tap into the sector aggressively. 

In its just-released annual report for the financial year 2016-17, the Bengaluru-based major, whose FY17 turnover was Rs 9,054 crore, said it was evaluating transition of the dairy model to a fully integrated one.

“India has remained the largest producer and consumer of dairy. Looking at opportunity for growth, existing private and cooperative players have  continued to invest in the sector. 

A few private industry players have also announced their entry in the