Italy’s ‘Cheese Banks’ Power €4Bn Dairy Economy
In a unique blend of finance and dairy, Italy’s Parmigiano Reggiano industry has evolved into a €4 billion powerhouse, where cheese wheels themselves function as collateral in a highly structured “cheese banking” system. In the Emilia-Romagna region, specialized banks store thousands of Parmigiano Reggiano wheels in climate-controlled vaults, allowing dairy producers to secure loans while…
Magnum Bets Big on India’s Ice Cream Boom
The Magnum Ice Cream Company is significantly expanding its India footprint, announcing plans to increase its manufacturing base from one factory to four by setting up three new plants to tap into the country’s fast-growing ice cream market. The move comes despite current profitability pressures, as the company prioritizes long-term growth driven by surging consumer…
Milk Prices Are Rising—Because Farmers Were Not Earning Enough
Milk prices are rising across India once again. From Punjab to Odisha and Kerala, state dairy federations have begun increasing procurement and retail prices after a prolonged period of relative stability. In Punjab, Verka has raised procurement prices significantly by Rs 20 per kg fat . OMFED has followed with a ₹1 per litre increase,…
Sudha Eyes Global Dairy Push, PM Modi Highlights Growth
Bihar’s flagship dairy brand Sudha is accelerating its global expansion strategy, targeting key international markets including the Gulf and Southeast Asia amid rising global demand for dairy products. The brand, backed by the Bihar State Milk Cooperative Federation (COMFED), showcased its capabilities at Indusfood Asia 2026 in Singapore, engaging with global buyers and distributors to…
Nichrome Sees Surge in ESL & Aseptic Packaging
Nichrome is witnessing a strong shift in dairy packaging trends, with its market research indicating that Extended Shelf Life (ESL) and aseptic milk formats are expected to gain significant traction over the next 3–5 years, driven by rising demand for value-added dairy products and evolving consumer preferences. The company highlighted that India’s position as the…
Ambedkar Kamdhenu Yojana Boosts Dairy Jobs
The Dr. Bhimrao Ambedkar Kamdhenu Yojana (DBAKY), listed on the Government of India’s MyScheme portal, is designed to generate self-employment opportunities in the dairy sector, particularly for unemployed youth, while simultaneously increasing milk production and strengthening the economic condition of beneficiaries. The scheme focuses on promoting dairy entrepreneurship by enabling individuals to establish and expand…
OMFED Raises Milk Procurement Price by ₹1/Litre
In a move aimed at supporting dairy farmers, the Odisha State Cooperative Milk Producers’ Federation (OMFED) has increased milk procurement prices by ₹1 per litre, effective May 1, 2026. With this revision, farmers will now receive ₹39.05 per litre compared to the earlier ₹38.05 per litre. The decision comes amid rising production costs, including higher…
Private Dairy Can Drive India’s Nutrition Shift
India’s dairy sector, despite producing a record 247.87 million tonnes of milk in 2024–25 and achieving per capita availability of around 471 grams per day—well above the recommended 300 grams—continues to face a significant nutrition gap, with widespread “hidden hunger” including deficiencies in iron, vitamin B12, zinc, and folate affecting millions. A key structural issue…
Dr T N Tiwari honoured at MSME Expo for nutrition work
At the MSME Government of India Expo held at the HSVP Convention Center, Nutrimed Healthcare Pvt Ltd, led by CEO Dr. T. N. Tiwari, was conferred the Excellence Award in Infant and Protein Nutrition by AIFOM under the MSME framework. The recognition underscores Nutrimed’s growing footprint in specialized nutrition, particularly in protein-led health solutions and…
Urban milk intake tops rural, Kerala trend shifts
Milk consumption in Kochi and across Kerala continues to show a marginal urban lead over rural areas, though the gap is narrowing. Data from the Ministry of Fisheries, Animal Husbandry and Dairying indicates that urban consumers recorded slightly higher per capita intake at 3.487 litres/month versus 3.287 litres in rural areas during 2022–23. However, the…