India’s dairy brands are a key part of the country’s economy and culture. With a long history of dairy farming and high consumption rates, India has become home to some of the world’s largest dairy brands.
India’s dairy sector is valued at over $150 billion and is growing at a CAGR of 6%. From basic milk and yogurt to innovative dairy-based snacks and drinks, these brands have become an integral part of daily life for millions of Indians. As of 2024, the Indian dairy sector continues to expand, driven by new technologies, sustainability efforts, and growing demand for both traditional and alternative dairy products.
Top Dairy Brands in India
Let’s look at the top dairy brands in India, examining their product offerings and financial performance to understand their market positions.
- Amul
- Mother Dairy
- Britannia Industries Ltd.
- Parag Milk Foods Ltd.
- Nestlé India
- KMF (Nandini)
- Verka
- Mahanand
- OMFED
- VRS Foods Ltd. (Paras Dairy)
1. Amul
Amul is one of India’s most recognized and trusted dairy brands. Founded in 1946, this cooperative has transformed the dairy industry by working with over 3.6 million farmers. Amul’s yearly revenue exceeds $7 billion, and its product range covers milk, cheese, ice cream, butter, and paneer. The brand is widely available across India, making it a popular choice for consumers in both cities and rural areas.
| Founded Year | 1946 |
| Founders | Dr. Verghese Kurien (Father of the White Revolution) |
| Revenue (FY24) | INR 58,100 crores |
Did You Know –
Amul processes about 25.9 million liters of milk daily, sourced from more than 18,600 village cooperatives.
2. Mother Dairy
Mother Dairy, a subsidiary of the National Dairy Development Board (NDDB), has been operating since 1974. The company offers a wide range of products including milk, ghee, butter, ice cream, and frozen snacks. Its “Safal” brand also sells fruits and vegetables. Mother Dairy is known for fresh, high-quality products and has a strong presence in northern India. In 2024, its estimated turnover is around 11,500 crore rupees.
| Founded Year | 1974 |
| Founders | National Dairy Development Board (NDDB) |
| Revenue (FY24) | INR 11,500 crores |
Did You Know-
Mother Dairy processes over 3 million liters of milk every day.
3. Britannia Industries Ltd.
Britannia, established in 1892, is a major player in India’s food and dairy sector. While best known for biscuits, Britannia also has a substantial dairy product line including ghee, butter, cheese, and paneer. The company’s focus on quality and innovation has increased demand for its dairy products, contributing to an annual revenue of 15,300 crore rupees.
| Founded Year | 1892 |
| Founders | John Bissell and E.S. Bissell |
| Revenue (FY24) | INR 15,300 crores |
Did You Know-
Britannia emphasizes sustainability by carefully selecting milk suppliers and maintaining strict quality controls for its dairy products.
4. Parag Milk Foods Ltd.
Founded in 1992, Parag Milk Foods Ltd. has grown rapidly in the dairy industry. The company produces fresh milk, butter, cheese, paneer, yogurt, and whey protein. Parag’s main brand, Go Cheese, leads the market in its category. The company can process over 3.4 million liters of milk daily. In 2024, Parag’s turnover is approximately 4,000 crore rupees.
| Founded Year | 1992 |
| Founders | Devendra Shah |
| Revenue (FY24) | INR 4,000 crores |
Did You Know-
Parag’s Go Cheese is India’s leading cheese brand, producing one of the highest volumes of cheese in the country.
5. Nestlé India
Nestlé, a global food giant, has been active dairy brands in India since 1912. The company is known for quality and offers various dairy products, including Nescafé coffee mix, Nestlé Milk, yogurt, and milk powders. Nestlé’s dairy products are popular among Indian families, and the company continues to invest heavily in this sector. In 2024, Nestlé’s dairy segment showed steady growth, contributing significantly to its total revenue of over 14,000 crore rupees.
| Founded Year | 1912 |
| Founders | Henri Nestlé |
| Revenue (FY24) | INR 14,000 crores |
Did You Know-
Nestlé India has been a pioneer in introducing milk-based instant products like condensed milk and coffee mix.
6. KMF (Karnataka Milk Federation) – Nandini
KMF, which operates under the Nandini brand, is Karnataka’s largest dairy brands. Nandini is known for fresh, high-quality products like milk, yogurt, ghee, and paneer. KMF oversees 15 milk unions and produces more than 8 million liters of milk daily, making a substantial contribution to Karnataka’s economy. KMF’s expected revenues for 2024 are around 18,000 crore rupees.
| Founded Year | 1974 |
| Founders | Government of Karnataka |
| Revenue (FY24) | INR 18,000 crores |
Did You Know-
KMF produces over 8 million liters of milk daily, making it the largest milk cooperative in Karnataka.
7. Verka (Punjab State Cooperative Milk Producers Federation)
Verka, a cooperative brand, has been part of Punjab’s dairy brands since 1973. The company makes a variety of products including milk, ghee, butter, ice cream, and yogurt, all known for high quality. Verka continues to perform well, with estimated revenue of 3,200 crore rupees in 2024.
| Founded Year | 1973 |
| Founders | Government of Punjab |
| Revenue (FY24) | INR 32,000 crores |
Did You Know-
Verka has been serving Punjab for over 50 years, providing high-quality dairy products to millions.
8. Mahanand
Based in Maharashtra, Mahanand is another significant dairy brands in India. Known for its range of products like milk, yogurt, butter, paneer, and shrikhand, Mahanand works with over 24,000 milk societies and 85 member unions. The company has shown consistent growth, with revenue around 4,000 crore rupees.
| Founded Year | 1985 |
| Founders | Maharashtra State Government |
| Revenue (FY24) | INR 4,000 crores |
Did You Know-
Mahanand partners with over 24,000 milk societies, ensuring a steady income for rural farmers across Maharashtra.
9. OMFED (Orissa State Cooperative Milk Producers Federation)
OMFED is a cooperative society in Odisha that provides fresh, quality dairy products. Known for milk, butter, ghee, and other traditional dairy items, OMFED operates in more than 300 villages in Odisha. The company serves a large part of the eastern Indian market and has a revenue of about 2,500 crore rupees.
| Founded Year | 1983 |
| Founders | Odisha State Government |
| Revenue (FY24) | INR 2,500 crores |
Did You Know-
OMFED supports over 300 villages in Odisha, providing them with sustainable livelihoods through dairy farming.
10. VRS Foods Ltd. (Paras Dairy)
Paras Dairy, now known as VRS Foods Ltd., is a growing player in India’s dairy industry. Known for fresh milk and innovative dairy products, Paras is expanding its reach in northern and western India. The company collects 250,000 liters of milk daily and generates revenue of 2,000 crore rupees in 2024.
| Founded Year | 1992 |
| Founders | Vijay Kumar Singhal |
| Revenue (FY24) | INR 2,000 crores |
Did You Know-
Paras Dairy collects around 250,000 liters of milk daily, contributing significantly to India’s dairy supply chain.
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Conclusion
As India continues to embrace new trends like plant-based alternatives and value-added dairy products, the future of this sector looks promising. These top industry brands not only provide high-quality products but also support millions of rural farmers, process millions of liters of milk daily, and embrace innovation to meet rising consumer demand.
With such amazing contributions, the Indian dairy industry is poised for sustained growth and global influence.As the industry evolves with new trends and technologies, these brands continue to lead, ensuring India remains a global dairy powerhouse.
Frequently Asked Questions
1. Which is the largest dairy brand in India by revenue?
Amul is the largest dairy brand in India, with an estimated revenue of INR 58,100 crores in 2024.
What role do dairy brands play in supporting farmers?
Most dairy brands, including Amul and Nandini, work as cooperatives, providing a stable income and support to millions of rural farmers across India.
How is the Indian dairy industry evolving?
The industry is focusing on value-added products like cheese, yogurt, and flavored milk, while also exploring plant-based alternatives to cater to modern consumers.
What is the significance of regional dairy brands in India?
Regional brands like Verka and OMFED cater to local tastes and preferences while contributing significantly to their state economies.
What is India’s position in the global dairy market?
India is the largest producer of milk globally, contributing over 23% of the world’s milk production, driven by its strong dairy ecosystem and leading brands.
