Hocco plans to scale production capacity and enter new markets.
The initiative, led by Union Cooperation Minister Amit Shah, is part of White Revolution 2.0.
This move underscores the objectives of Saudi Vision 2030 and reinforces Almarai’s commitment to environmental and social responsibility.
The 53% growth would translate to about half a million small-scale farmers producing 3.4 billion litres of milk.
The robust performance was primarily driven by faster growth in value-added products (VAP).