Heritage Foods – Religare Investment Call

Dairy industry is expected to grow at around 13-15% in coming 4-5 years. According to National Development Dairy Board, total milk production is expected to increase over 200 million tones by 2022 from 150 million tones currently on implementation of National dairy Plan. The potential for organized dairy players is huge who have access to farmers for their milk requirement. We expect Heritage Foods to be a beneficial player as it has strong presence in South India with recognized brands.

Heritage-Foods-Religare