Milky Mist: A Dairy Industry Leader
Overview: Founded in 1985, Milky Mist has grown from a milk trading company into a significant entity in the dairy market. With its headquarters located in Erode, Tamil Nadu, India, the company has established itself as a leader in producing a diverse range of dairy products.
Product Range
Milky Mist offers an extensive array of products including paneer, curd, butter, cheese, yogurt, ice cream, and chocolates, catering to a wide range of consumer preferences.
Facilities and Operations
The company's operations are supported by state-of-the-art production facilities in Erode, equipped with advanced technology to maintain high standards of quality and nutrition across all products.
Financial Performance
Milky Mist has demonstrated strong financial performance, with recent revenues estimated at approximately ₹1,000 crores (around $121 million USD). This success is attributed to continuous investment in innovation and market expansion.
Key Events
- 1985: Established as a milk trading company.
- 1994: Launched paneer production, a pivotal milestone in the company’s growth.
- 2015: Opened a modern production facility in Erode.
- 2020: Entered the ice cream and chocolate markets.
Future Plans
Milky Mist is focused on expanding its product line and geographical presence. The company plans to introduce new dairy-based products and explore international markets. Furthermore, Milky Mist is preparing for national expansion and a public offering on the Bombay Stock Exchange and the National Stock Exchange by the end of 2025, with a targeted valuation of around Rs 20,000 crore (approximately $2.4 billion USD).
In the competitive landscape, Milky Mist rivals companies like Hatsun Agro and has already launched protein-enriched offerings to cater to the growing market of vegetarian consumers in India.
Modified: 2025/10/23