The Karnataka Milk Federation (KMF), the second-largest dairy cooperative in India, is broadening its footprint with launch of Nandini milk, curd and buttermilk in Hathras district of Uttar Pradesh from Monday. The move is part of KMF’s ongoing strategy to expand its market presence beyond its home state of Karnataka. KMF procures milk from over […]
KMF brand Nandini milk launched in Hathras, UP Read More »
Godrej Agrovet on March 11 announced that it has approved the acquisition of the remaining 48.06 percent stake in Creamline Dairy Products Limited (CDPL). After the acquisition, Creamline Dairy Products is set to become a wholly- owned subsidiary of the company. In an exchange filing released in the post market hours of March 11, Godrej Agrovet said
Godrej Agrovet to acquire remaining stake in Creamline Dairy Products for Rs 930 crore Read More »
New Delhi [India], March 4: Paras Dairy, a household name in India’s dairy industry and a brand under VRS Foods Limited, has announced its foray into the world of cheese with the launch of Galacia Cheese at Ahaar 2025, Pragati Maidan. This premium cheese range, crafted from the finest cow milk, underscores Paras Dairy’s commitment
Galacia Cheese Launch by Paras Dairy: A New Standard in Quality Read More »
Amul (Anand Milk Union Ltd.) plans to gradually enter Tamil Nadu’s milk market, providing a cooperative model for local farmers, said Amit Vyas, Managing Director, Amul Dairy in Tiruchi on Saturday. He told press persons that a milk processing plant was being set up at Chittoor in Andhra Pradesh, enabling supplies to Bengaluru. “We have started
Amul milk to enter Tamil Nadu market Read More »
Jubilant FoodWorks CEO Sameer Khetarpal discusses the company’s growth strategy, including expanding from 465 to 700 cities and increasing store count. By avoiding price hikes for 10 quarters, Domino’s increased market share. Focus on fast delivery, better consumer value, and strong same-store growth aim to enhance returns. Future plans include aggressive store expansion and scaling
Jubilant Foodworks growth story: Sameer Khetarpal Read More »
The state government is considering an increase in the milk procurement price to dairy farmers supplying to Vijaya Dairy. According to government sources, a proposal is under review to raise the price by Rs 2 to Rs 3 per litre for cow milk and Rs 3 for buffalo milk. Currently, Vijaya Dairy pays Rs 42.24 per litre
Vijaya Dairy milk procurement price may be raised by Rs 3 Read More »
GCMMF’s turnover increased 8 per cent in the 2023-24 financial year to Rs 59,445 crore. The company is expecting a double-digit growth in revenue during this fiscal on strong demand. The Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under the ‘Amul’ brand, will invest Rs 600 crore to set up an
Chennai-based Hatsun Agro has acquired Milk MantraMilk Mantra Datalabs_in-article-icon for INR 233 Cr (around $26 Mn) to expand its footprint in the dairy market. HAP in a BSE filing said that the company’s board has “approved the acquisition of 100% of the issued and paid-up share capital of the Milk Mantra Dairy Private Limited…” Post
Hatsun Agro Buys Milk Mantra For INR 233 Cr Read More »
Karnataka Milk Federation (KMF) has now stormed into the Delhi-NCR market, with its Nandini brand milk products. The federation in order to gain an easy market entry has opted to price them marginally lower than competitors. The cooperative will retail four cow milk variants, curd, and buttermilk from Friday, with competitive pricing that undercuts established
KMF Nandini launched milk and milk products in Delhi NCR Read More »
India Ratings and Research (Ind-Ra) has taken the following rating actions on Indapur Dairy and Milk Products Limited’s (IDMPL) bank facilities: Details of Instruments Instrument Type Date of Issuance Coupon Rate Maturity Date Size of Issue (million) Rating Assigned along with Outlook/Watch Rating Action Term loan – – 31 March 2029 INR1,092.30 IND A/Positive Affirmed
