New Yakult Danone product to come in 2018; expects 20% sales growth

Firm will go for a 2nd India factory only if sales hit 800,000 bottles a day, says MD Minoru Shimada

Expecting a revenue and sales volume growth rate of 20 per cent this year and in the coming few years, Yakult Danone India, a 50:50 joint-venture between Japan-based Yakult Honsha and Groupe Danone of France, will be coming out with a new probiotic product under the fermented milk category.

The company's managing director, Minoru Shimada, said that the new product was in the development phase and its Tokyo-based research and development facility was working on the product.

Since its entry into India in 2008, under the fermented milk category, the company has had only one product, which is priced at