'We are hopeful that we will be able to achieve four to five percent of the dairy market share by the end of 2009-10 by these launches,' he said.
iMBiz is planning to launch a butter brand in the Indian market in two-three months time.
Earlier, India had banned Australian dairy products in 2003 because of excess synthetic hormones detected in the products.
Australia later changed its national policy of injecting its cows with oestrogen hormones, which facilitate smoother breeding. Thus import of dairy products again started.
Sanyal said they are completely abiding with the norms.
iMBiz is also planning to launch two fruit juice brands in India by February-March 2010 and a flavoured milk product by November 2009.