Heritage Foods, Amul, and Parag Milk have chef-run campaigns to bring down marketing cost by a tenth
This comes prior to an important meeting between the commerce ministry and dairy sector entities
While the firm has made a dent this large market, its decision stems from the unwillingess of the rural consumer to buy larger packs as the entire quantity is not consumed at once
In the past four years, it has launched 101 products
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The playbook is a familiar one for the GCMMF, one that it used a couple of years earlier when it went head-to-head with Hindustan Unilever over ice-creams
Dairy major Amul asks Google to 'cease and desist' from displaying fake and fraudulent websites.
Prices will go also up in Gujarat, West Bengal, Kolkata, Uttaranchal, Maharashtra, and other places
Amul expects growth in volume and value to drive the expected growth
The dairy major pitches its newly launched juice label as a healthy snacking alternative, bets on recall and trust of its flagship brand
According to Amul, both Google India and goDaddy.com were being held accountable for misuse of their platform for earning revenues through advertisements on their platform on fake campaigns
Gujarat minister Dileep Sanghani had claimed that Kurien diverted dairy cooperative Amuls profit to fund religious conversions in the country
GCMMF plans to get its mojo back in the market, say experts, focusing its attention on the discerning chocolate consumer
According to R S Sodhi, managing director of GCMMF who is the maker of Amul brand of ice-cream will deploy a state-of-the-art ice cream technology (called extruded technology) in the south
Rival firm Hindustan Unilever had filed a plea seeking injunction against the advertisement
The ad campaign highlighted ingredients that go into making ice-creams and frozen desserts
GCMMF's sales turnover increased 3.5 times, from Rs 8,005 cr in 2009-10 to Rs 27,043 cr in 2016-17
Farmers supplying milk to Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) have witnessed four-fold increase in their income over the last seven years, claims the company which markets the popular Amul brand of milk and dairy products.While farmers' per litre milk realisation has doubled to Rs 49 a litre (Rs 680 per kg of fat) in the financial year 2016-17 from Rs 24.30 a litre ( Rs 337 per kg of fat) in 2009-10, overall milk procurement of the cooperative has also doubled during this period to 17.65 million litres per day from 9.09 million litres per day."This effectively shows an increase of four fold in dairy farmers' income over the last seven years which demonstrates the efficacy of Amul model in exceeding our national goal of doubling farmer's income in six years," said R S Sodhi, Managing Director, GCMMF.During this period, turnover of GCMMF has registered quantum growth of 238 per cent which implies an impressive cumulative average growth rate (CAGR) of 19 per cent ...
Amul is planning to expand its chocolate production capacity by 5 times involving cost of Rs 150 cr