Milky Mist: A Dairy Industry Leader
Company Name: Milky Mist
Location: Erode, Tamil Nadu, India
Overview
Founded in 1985, Milky Mist started as a milk trading entity and has grown into a key player in the dairy market. The company gained significant recognition in 1994 with its paneer production, which has since been a staple in their product line.
Product Range
Milky Mist offers a wide array of dairy products, including paneer, curd, butter, cheese, yogurt, ice cream, and chocolates, catering to a broad spectrum of consumer needs.
Facilities and Operations
The company operates state-of-the-art production facilities in Erode, equipped with advanced technology to ensure quality and nutritional value across its product offerings.
Financial Indicators
Milky Mist has shown strong financial performance, with recent revenues estimated at approximately ₹1,000 crores (around $121 million USD), driven by continuous investment in innovation and market growth.
Key Management
The management team at Milky Mist, with their extensive experience in the dairy industry, plays a crucial role in steering the company's strategic direction and success.
Significant Events
- 1985: Established as a milk trading company.
- 1994: Launched paneer production, marking a major milestone.
- 2015: Opened a modern production facility in Erode.
- 2020: Entered the ice cream and chocolate markets.
Company Plans
Milky Mist is focused on expanding its product line and geographical reach, with plans to introduce new dairy-based products and explore international markets. The company 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).
Modified: 2025/08/22