Fonterra says India a major ingredients opportunity

Tue, 23 Oct 2018

By Rebecca Howard Oct. 23 (BusinessDesk) - Fonterra says India remains a massive opportunity for the New Zealand cooperative once it inevitably shifts to being a dairy importer. India is currently balanced in terms of supply and demand, said Teh-han Chow, who heads up Fonterra's ingredients business into China and South and East Asia. “As it continues to grow and production doesn't keep pace there will eventually be a need for dairy imports into India. The question mark is when,” Teh-han told BusinessDesk at the NZX Global Dairy Semina...

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