date:Aug 28, 2014
India's Mahindra Agribusiness is planning to foray into the dairy industry by focusing on the production of pouched milk.
Growth opportunities in the dairy sector prompted the move by Mahindra as farm productivity in the country is only about 50% of that in advanced countries, reports The Economic Times.
Mahindra Agri and Allied Businesses chief executive Ashok Sharma said: We are exploring inorganic strategies for entry into the dairy business.
Dairy can supplement farmers' incomes in tough