US private-equity firm The Carlyle Group today (7 June) announced that it had invested in Indian dairy business Tirumala Milk Products.

Carlyle said Tirumala was “well placed to capture growth opportunities in a robust sector fueled by growing income and demand for quality products”.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Tirumala, set up in 1998 and based in the south of the country, makes a range of dairy products, including pasteurised milk, yoghurt and butter.

The deal with Tirumala is part of four investments Carlyle has made in Asia across the engineering, automotive and banking sectors.

The private-equity firm did not disclose how much it has spent on Tirumala but, across the four businesses, it has invested over US$140m.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now