Milma plots ₹10,000 cr by 2030-31, plans global push via Lulu tie-up
Kerala's dairy cooperative Milma is targeting ₹10,000 crore turnover by 2030-31, more than doubling from ₹4,344 crore in 2025-26. The brand is leaning on a Lulu Group partnership for international rollout and e-commerce tie-ups to claim share of Kerala's ₹3.5-4.5 lakh crore retail market, with 83% of revenue passed back to farmers.
What happened
Kerala dairy cooperative Milma targets ₹10,000 crore turnover by 2030-31, up from ₹4,344 crore in 2025-26. Plans international expansion via Lulu Group
Key facts
- ₹10,000 crore by 2030-31
- ₹4,344 crore turnover 2025-26
- 83% passed to farmers
- Kerala retail market ₹3.5-4.5 lakh crore
Why this matters
Milma's Lulu tie-up creates a template for cooperative-to-modern-retail bridges and opens potential white-space partnerships for adjacent F&B brands seeking Gulf and diaspora distribution leverage.