Kerala Cooperative Milk Marketing Federation, popularly known as Milma, has set an ambitious target of achieving a turnover of ₹10,000 crore by 2030-31. According to reports from The Hindu BusinessLine, the federation is focusing on domestic and global dairy market expansion while leveraging Kerala's strong dairy ecosystem. Speaking at the inaugural session of the Kerala Retail Conclave organised by the Cochin Chamber of Commerce and Industry (CCCI) in Kochi, Milma Chairman KS Mani highlighted significant investment opportunities available in Kerala's dairy sector.
Milma recorded a turnover of ₹4,344 crore in 2025-26 and continues to maintain a farmer-centric business model, with nearly 83 per cent of its selling price being passed on directly to dairy farmers, as reported by The Hindu BusinessLine. The federation's current performance demonstrates its strong market position in Kerala's dairy sector, positioning it well for the ambitious growth targets ahead.
According to The Hindu BusinessLine, Milma Chairman KS Mani highlighted that Kerala ranks third in the country in milk productivity, yet nearly 50 per cent of the State's milk requirement is met through imports from other states. This presents tremendous opportunities for investment and expansion in the dairy sector. The company has entered into a strategic partnership with the Lulu Group to strengthen access to international markets and is also expanding its reach through collaborations with leading e-commerce platforms across the country.
A high-profile panel discussion on "Digital Evolution of India's Consumer Economy" held as part of the conclave highlighted the rapid transformation of Kerala's retail landscape, as reported by The Hindu BusinessLine. Speakers estimated Kerala's retail market size at between ₹3.5 lakh crore and ₹4.5 lakh crore annually. Key trends driving growth in the sector include the expansion of organised retail, widespread adoption of digital payments, increasing demand for frozen and convenience foods, experience-led retail formats, growth in Tier-II and Tier-III markets, rising preference for sustainable products, greater focus on health and wellness, and emergence of private-label brands.
