Chennai, Sept. 5 -- 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 ...