Team siliconindia

• Hatsun Agro targets 15 percent revenue growth this fiscal
• Plans to launch protein rich dairy products by March 2026
• GST cuts on dairy items seen as boost for sector, exports to double

Dairy giant Hatsun Agro is aiming for a 15% revenue increase in the current financial year, banking on recent GST reductions and the rising demand for protein based products. The move comes as India undergoes one of its biggest tax reforms in nearly a decade, slashing GST on essential dairy products like butter and curd offering a lift to domestic consumption.

RG Chandramogan, Chairman,Hatsun Agro said the tax changes are positive for the industry, but he voiced concern over trade discussions with the U.S., especially proposals to open India’s dairy sector to foreign companies. “Opening the market would hurt farmers and the rural economy”, he warned.

To tap into the growing interest in health and nutrition, Hatsun Agro plans to launch a range of protein based dairy items by March 2026. The trend is already being embraced by competitors like Amul and Milky Mist, as health conscious Indian consumers look for more functional food options especially in vegetarian households.

In FY25, the company reported a 9% revenue growth, touching Rs 8,700 crore. It now plans to expand its retail presence, growing its HAP Daily store network by 10% annually over the next three years. Currently, it operates more than 4,000 stores.

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On the global front, Hatsun Agro aims to double its export business every year, with a Rs 200 crore export target in four years. The company is focusing on growing its footprint in markets like Seychelles, Oman, and other new regions.