Frisco, Texas based i dairy supply chain technology provider, Dairy.com enters India with the acquisition of Haryana’s Mr.Milkman, India’s last-mile dairy supply chain SaaS platform.
The two companies will use their combined agribusiness technologies, development resources, and industry expertise to enable and innovate last-mile dairy supply chain solutions for markets in India, North America, and Europe.
Mr.Milkman’s CEO and co-founder Samarth Setia said, “The Indian dairy sector and milk brands in India will need to employ technology at every level, right from procurement of milk to last delivery mile in order to grow and be successful. Milk brands in India and around the world operate on slim margins, and since milk prices have a cap, the only way to grow profits is to become more efficient – which can only happen through the implementation of technology.”
India is the world’s largest producer and consumer of milk and dairy products. Dairy is one of the most sizable agribusinesses in India. Additionally, there is huge growth potential with value-added products such as cheese, yogurt, probiotic drinks, flavored milk, ice cream, and other products in the segment.
