Danone set to double its sales in India over the next three years

Food group Danone, which has operations in Cork and Wexford, plans to double its sales in India over the next three years, a company executive said yesterday.

Danone’s products are sold on five continents, and the company has over 180 production plants and about 100,000 employees.

In 2011, Danone generated sales of €19bn, of which more than half were in emerging markets. India’s baby nutrition market is valued at about 25bn rupees (€0.35bn), in which Danone holds about an 8% share.