Founder of Prospero Tree Dhruvesh Sanghvi speaks at Alpha Ideas 20-20 event in Mumbai, India. (Source: BloombergQuint)

Alpha Ideas 20-20: Dhruvesh Sanghvi Takes Heart From India’s Love For Milk

India is already the world’s largest milk consumer and the appetite is only growing. A largely unorganised sector, it is slowly moving into the branded space, which has prompted Prospero Tree’s Dhruvesh Sanghvi to bet on Hatsun Agro Products Ltd.

The pure-play dairy product maker has its own dairies which takes care of the raw material, a bid advantage, says Sanghvi.

Also read: Maharashtra Dairy Farmers Distribute Free Milk To Protest Low Prices

“The most significant factor in milk industry is procurement,” Sanghvi said at the Alpha Ideas 20-20 event in Mumbai. “To get the right quality and amount of milk, the company has to set up its procurement networks.”

The dairy products maker has returned close to 580 percent to its investors in five years, according to Bloomberg data.

Watch The Full Presentation Of Dhruvesh Sanghvi Here

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