Business EconomyPosted at: Sep 5 2025 5:56PM


Hatsun Agro hails GST reform as ‘unprecedented and visionary’

Chennai, Sep 5 (UNI) Dairy products major Hatsun Agro Product Limited today said the reforms in the Goods and Services Tax (GST) will improve affordability, ensure fair competition, and strengthen rural incomes.
"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 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.”
According to Hatsun Agro, the uniform GST slab across branded and unbranded products ensures a level playing field and encourages formalisation. It also helps reduce adulteration, market manipulation, and ensures quality products reach consumers.
The reform is driving meaningful reductions across major categories and is expected to deliver significant benefits to the industry. Importantly, government revenues will remain unaffected, as stronger demand and a growing preference for packaged products in the organised sector are anticipated to balance collections and generate long-term value, Hatsun Agro said.
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