The entry of Amul in Karnataka is being seen as an attempt to trample upon KMF and its brand 'Nandini'
Move aims at competition with Amul, Mother Dairy
GCMMF plans to achieve sales turnover of Rs. 1,00,000 crores by 2025
Commenting on high inflation in the dairy sector and three price hikes in the last one year, Mehta said that it was 'imperative' as 'cost of feed and fodder is a direct cost to the farmer'
Demand for ice creams and cold beverages like Cola have surged because of the onset of early summer and sales are likely to grow in strong double-digits this season, according to top executives of FMCG and dairy firms. The summer season will also get a tailwind in the form of an abatement of the pandemic with increased consumer mobility. This will also help the out-of-home (OOH) segment, where the companies expect a sharp rise in sales after a slump of two years. Companies are ready with new and innovative offerings anticipating strong demand for their products this season and have started building inventory. Mother Dairy, one of the leading sellers of milk, dairy beverage products and Ice creams, said it is already "witnessing a surge in demand" with rising temperature and expects the trend to continue in the coming days. "In line with the same, we have already beefed up our value-chain to cater to any surge in demand across channels. "For a category like ice creams, which is a
The plan according to an official statement will be implemented by converging various schemes of the government in the spirit of 'whole of government approach'
National Dairy Development Board (NDDB), Amul and NAFED will be among the five promoters of the newly announced national-level cooperative society for organic food products, which will focus on enhancing farmers' income by improving production, certification and marketing system. Last week, the Cabinet Committee on Economic Affairs (CCEA) approved a proposal to establish three new national-level multi-state cooperative societies to promote organic products, seeds and exports. A national-level cooperative organic society, a cooperative seed society and a cooperative export society will be registered under the Multi-State Cooperative Societies (MSCS) Act, 2002. According to sources, the National Cooperative Organic Society, to be based in Anand, Gujarat, will be set up with an authorised share capital of Rs 500 crore. It will have an initial paid-up share capital of Rs 100 crore, sources said. NDDB, co-operative NAFED, Gujarat Co-operative Milk Marketing Federation (GCMMF), which ...
The strong revival of the hotels, restaurants and catering (HoReCa) segment and the increase in retail prices are likely to help the dairy industry achieve 12-14 per cent revenue growth this fiscal, according to a report. Indian dairy companies are estimated to achieve revenue growth of 12-14 per cent in FY23 on a year-on-year basis, backed by a strong revival in demand, especially the HoReCa segment and an increase in retail prices, Icra said in a report on Thursday. However, the operating profit margins are expected to contract by 120-160 bps on a year-on-year basis as the retail price hikes are expected to provide only partial support to the input cost pressures, it added. Icra expects the industry to maintain a stable credit profile, supported by a favourable demand outlook and moderate debt levels. Milk production yields in the first half (H1) of FY23 were hampered by the prevalence of Lumpy Skin Disease (LSD), notably among cows in the northern states. Although a successful
First crop to get such recommendation since Bt cotton in years, say experts
Dairy farmers would be paid an additional Rs 4 per litre of milk till March next year as part of a Rs 28 crore project for them, Kerala Minister J Chinchurani said
Three of the regions India is said to be in trade talks with are significant milk producers themselves; Balyan also bats for further hike in milk procurement prices
Per capita availability of milk in West Bengal is 'low', one-third of the national average of 427 grams per day, a company official said
India last week refused to waive an impending ban on straws that are packaged with small juice and milk beverage packs
On his birth centenary, remembering the legacy of the man behind the White Revolution
Unlike many faux-meat options, however, paneer is clean-label, meaning it's made with minimal ingredients
But quenching that thirst will be problematic, not least because finding the millions more cows needed for planned new and expanded farms will be challenging
Bhupesh Baghel will inaugurate the process of payment against cow dung procurement to the bank accounts of beneficiaries under the state government's Godhan Nyay Yojana
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
Unlike crop cultivation, most farmers now see dairying as an enterprise, says the author
The livestock census covers all domesticated animals