Tamil Nadu Raises Milk Procurement Price to ₹41/Litre
Tamil Nadu Chief Minister C. Joseph Vijay has announced a ₹3-per-litre increase in the milk procurement price, raising the effective rate paid to producers supplying milk to cooperative societies from ₹38 to ₹41 per litre. The decision was announced in the Tamil Nadu Assembly under Rule 110 and is expected to benefit around 3.16 lakh…
Heritage Foods launches Nourish+ High Protein curd
Heritage Foods Limited, one of India’s leading listed dairy companies, today announced the launch of Nourish+ High Protein Curd, further expanding its Nourish+ range of protein-rich dairy products. New offering delivers 25g of protein per 400g pack, making it easier to add more protein to everyday meals With 25g of protein in a 400g pack,…
L&T: From Dairy Machines to AI Factories
Larsen & Toubro (L&T) is undergoing a major transformation from a traditional engineering and project-execution company into a diversified technology-led enterprise, with its recently won ₹15,000-crore AI factory contract forming a key part of this strategy. The company is using its engineering, infrastructure and financial capabilities to build businesses across electronics, semiconductors, green hydrogen, battery…
Heavy Rain Puts Pressure on Milk & FMCG Prices
Heavy monsoon rainfall can create ripple effects across India’s food economy, influencing vegetable prices, milk supply and FMCG costs through its impact on crop output, fodder availability, transportation and supply chains. According to Zee Business, excessive rain can damage crops and disrupt harvesting and transportation, potentially reducing the availability of vegetables and pushing prices higher,…
India’s Buffalo Meat Exports Surge to $5 Billion
India’s buffalo meat exports are emerging as a major contributor to the country’s dairy-linked economy, with shipments expanding into new markets including Egypt, Uzbekistan and Russia, according to a recent Indian Express report. The growth is strengthening the economic value of India’s buffalo sector while creating opportunities across the wider dairy and livestock value chain….
Bombay HC Orders ₹5 Lakh Compensation to Pune Sweet Shop
The Bombay High Court has directed Maharashtra’s Food and Drug Administration (FDA) to pay ₹5 lakh compensation to Pune-based Gurunanak Dairy and Sweets, after questioning why its food licence remained suspended despite a subsequent inspection finding the establishment 98% compliant with food-safety norms. The shop’s licence was suspended on June 12, 2026, following an inspection…
GDT 410: Powders rise, fats weaken again
The latest Global Dairy Trade (GDT) auction, Event 410 held on 18 August 2026, has strengthened the recovery in dairy commodity prices, with the GDT Price Index rising 2.3% from the previous auction. More importantly, the recovery is becoming increasingly product-specific: SMP, WMP and Mozzarella are strengthening, while AMF, Butter and Butter Milk Powder remain…
Sabarimala Milma Ghee Case: Records Seized
The vigilance team probing the alleged misappropriation of ghee supplied by Milma to the Sabarimala Sannidhanam during the 2025–26 pilgrimage season has informed the Kerala High Court that it has seized records from various offices of the Travancore Devaswom Board (TDB) and Milma and questioned numerous witnesses. Vigilance SP M J Sojan, who is heading…
Dairy Consumption in Iran Falls Amid 134% Food Inflation
Iran’s dairy market is facing a severe affordability crisis as food inflation reached 134% nationwide and 140% in rural areas in July 2026, pushing households to cut back on dairy, meat and other essential foods. Annual dairy consumption has reportedly fallen from around 130 kg per person in 2010 to just 40 kg today, while…
A2 Milk FY Profit Slumps 44% on China Disruption
New Zealand-based a2 Milk has exposed a critical vulnerability in premium dairy: strong consumer demand is not enough if supply chains cannot keep products on shelves in key markets. Its FY2026 attributable net profit fell 44% to NZ$113.6 million, from NZ$202.9 million a year earlier. The biggest pressure came from China, a2 Milk’s largest market….