1. India’s organised dairy sector is expected to post 13–15% revenue growth this fiscal, driven by 8–10% volume growth and phased price hikes, with demand led by everyday staples such as ghee, butter and other value-added dairy products rather than liquid milk alone. 2. The trend is positive for listed dairy players such as $PARAGMILK , $HERITGFOOD and $HATSUN uct, as a richer mix of value-added products typically supports stronger revenue growth and pricing power despite higher raw milk procurement costs.