Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday said its turnover has increased by 8 per cent to Rs 59,445 crore in the financial year ending March 2024 on better sales. “In the Golden Jubilee year of GCMMF, the organization registered a turnover of Rs 59,545 crore …
GCMMF’s turnover has increased by 8% to Rs 59,445 crore in FY 24 Read More »
The Kaira District Cooperative Milk Producers Union Limited, popularly known as Amul Dairy, will be setting up new plants at Chittoor in Andhra Pradesh, Pune and Punjab. For this, Gujarat’s oldest milk co-operative will be investing Rs 1,000 crore over the next couple of years. In the last financial year, it invested Rs 1,000 crore in the expansion of its plants. …
Amul Dairy to set up plant in AP, Pune and Punjab Read More »
In its note, domestic brokerage firm HDFC Securities has maintained its optimistic view on Heritage Foods, highlighting its well-diversified product portfolio, robust distribution network, strong long-term relationships with farmers, and commitment to high-quality premium products, enables it to capitalize on the growing dairy industry in India. The company boasts a strong balance sheet characterized by low …
Heritage share delivers over 300% return in 18 months Read More »
Casein Prices December 2023 Product Category Region Price Casein Nutraceuticals USA 7759 USD/MT Casein Nutraceuticals Germany 6301 USD/MT The casein prices in the United States for Q4 2023 reached 7759 USD/MT in December. The product prices in the US steadily declined in the second half of 2023 due to increased milk production. The rise in …
The government is aiming to bring more dairy farmers in the unorganised sector under cooperatives model so that they get remunerative prices and quality products are made available in the market, Rajiv Ranjan (Lalan) Singh, minister for fisheries, animal husbandry and dairying on Tuesday said. “We are focussing on those states where dairy cooperatives have …
Cooperative model for dairy sector to get a boost Read More »
India’s milk industry struggles as the climate changes In a humid, late-July day this year, Chandan Singh went to milk his buffaloes, only to find five of them spewing foamy saliva. The village veterinarian diagnosed haemorrhagic septicaemia (HS), a bacterial disease also known as gala ghotu rog. Treatment cost around INR 15,000 (USD 179), which roughly equates …
India’s milk industry struggles as the climate changes Read More »
The Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as Milma, has recorded a turnover of ₹4,346.67 crore for the 2023-24 financial year, reflecting a growth of 5.52% over the previous fiscal year. In 2022-23, Milma’s turnover stood at ₹4,119.25 crore. The financial results were disclosed at the 51st annual general body meeting held at …
Milma clocks 5.52% growth in turnover for 2023-24 Read More »
Around 1,100 dairy farmers in Dhankuta and Tehrathum in the eastern hill districts have not been paid by the state-run Dairy Development Corporation (DDC) for the past ten months, leaving them in deep trouble. These farmers rely on their dairy income to cover household and other necessities. The DDC owes more than Rs140 million to …
Nepal’s Dairy Industry Struggles as Unpaid Dues Rise Read More »
An iconic Australian cheese producer is closing its doors after, discontinuing the beloved brand after more than 120 years. Tasmania’s King Island Dairy will no longer operate from mid-2025, parent company Saputo revealed on Thursday. The dairy giant launched a strategic review of the facility 10 months ago, making the decision to retire the brand …
120 years old Australian cheese dairy King Island shuts down Read More »
India has emerged as a global powerhouse in the dairy industry, boasting a remarkable journey from a milk-deficient nation to the world’s largest producer of milk and milk products. The dairy sector has played a pivotal role in the country’s agricultural and rural economy, providing livelihood opportunities to millions of farmers and contributing significantly to …
