Hatsun Agro Product Limited Welcomes GST Reform for Dairy Sector, Calls it Transformative and Innovative

Mumbai: Hatsun Agro Product Limited has welcomed the GST reforms for the dairy sector, stating that the move will benefit farmers, consumers, and the organized dairy industry. The company noted that lower GST rates across key dairy categories will improve affordability, ensure fair competition, and strengthen rural incomes.

This reform will directly benefit nearly 20 percent of the world’s population, since every Indian is connected to milk as a producer, a consumer or a stakeholder in the rural economy.

Expressing gratitude, the company thanked the Hon’ble Prime Minister, the Finance minister and the GST Council for this forward-looking decision that considers the needs of more than 80 million milk producers and 1.45 billion consumers in the country.

“This is an unprecedented and visionary reform. For the dairy industry, the reduction of GST across key categories including milk products and ice cream is truly a blessing. We anticipated good rains but what we received is a cloud buster for the sector and the economy,” said Shri R. G. Chandramogan, Chairman, Hatsun Agro Product Ltd.

He further added: “This tremendous initiative will further India’s progress from being an importer of dairy and value-added foods to becoming a global exporter. It strengthens farmers, empowers consumers with affordable nutrition and reinforces the formal and transparent supply chain. Hatsun Agro Product Limited reaffirms its commitment to carry this vision forward by serving India with safe, trusted and high-quality dairy products.”