Milma targets ₹10,000 cr turnover by 2030-31, eyes global play with Lulu
Kerala dairy cooperative Milma plans to more than double turnover from ₹4,344 cr in FY26 to ₹10,000 cr by 2030-31. It has tied up with Lulu Group for international distribution and is scaling e-commerce, while Kerala's organised retail market sits at ₹3.5-4.5 lakh cr.
What happened
Kerala dairy cooperative Milma targets ₹10,000 crore turnover by 2030-31, up from ₹4,344 crore. It has partnered Lulu Group for international markets and is
Key facts
- ₹10,000 crore by 2030-31
- ₹4,344 crore turnover 2025-26
- 83% pass-through to farmers
- Kerala retail market ₹3.5-4.5 lakh crore
Why this matters
The Lulu tie-up signals Milma is open to structured global partnerships, opening adjacencies for value-added dairy JVs, private-label co-manufacturing, or minority strategic stakes ahead of the FY31 scale milestone.