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Jubilant Foodworks growth story: Sameer Khetarpal

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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 […]

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Vijaya Dairy milk procurement price may be raised by Rs 3

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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

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Amul to invest Rs 600 crore to set up dairy facility with world’s largest curd plant in Kolkata

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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

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Hatsun Agro Buys Milk Mantra For INR 233 Cr

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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

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India needs 5-6 more cooperatives like Amul-Modi

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During the inaugural ceremony of Grameen Bharat Mahotsav, Modi remarked that milk production is currently providing the highest returns to farmers’ Prime Minister Narendra Modi on Saturday called for 5 to 6 more Amul – like cooperative bodies to bring more and more changes to rural India. During the inaugural ceremony of Grameen Bharat Mahotsav, Modi

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Mother Dairy posts net profit of ₹106 crore in FY24

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Mother Dairy and Vegetables Pvt Ltd was back in the black in FY23-24. The packaged dairy and food company posted a net profit of ₹106.27 crore in FY 24, as per its RoC filing sourced from business intelligence platform Tofler. In FY23, the wholly-owned subisidary of NDDB, had posted a net loss of ₹133.32 crore.

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KMF Nandini launched milk and milk products in Delhi NCR

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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

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Milk wars: Nandini all set to invade Delhi NCR

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November 21 Delhi’s beloved Mother Dairy, which fights for shelf space with Amul and a few private brands, is set to face more competition. Nandini, the milk brand owned by Karnataka’s dairy cooperative, is invading the Capital with four variants of cow milk, curd and buttermilk which will be on sale from Friday onwards. And Nandini is arriving

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