Hangyo Ice Creams Secures Rs 211 Crore from Faering Capital
Mangaluru-based Hangyo Ice Creams has secured Rs 211 crore in funding from private equity firm Faering Capital. This new investment will be utilized to enhance production capabilities, speed up the development of new products, and strengthen the company’s market presence, particularly in southern India. This investment comes at a time when the ice cream sector…
KMF plans to sell 2.5 lakh litres of milk per day in Delhi
The Karnataka Co-Operative Milk Producer’s Federation Limited (KMF) is planning to sell Nandini milk beginning with 2.5 lakh litres per day in the national capital from October onwards. As the KMF is working on entering the national capital market, its officials held meetings with milk dealers here. At present, a total of 1 lakh crore…
Automatic Plant for curd and lassi worth Rs 123 cr at Verka
Four years after becoming fully automatic and increasing its daily milk processing capacity to 2.5 lakh litres per day, which can be increased to 5 lakh litres, a new feature in the form of an automatic machine to prepare curd and lassi at a cost of Rs 123 crore would be set up at Verka…
FSSAI Withdraws Notification Banning Use of ‘A1/A2’ Labels on Milk and Milk Products
In a significant move that has been met with widespread relief from dairy farmers, industry stakeholders, and consumers alike, the Food Safety and Standards Authority of India (FSSAI) has withdrawn its controversial notification banning the use of the terms “A1” and “A2” on milk and milk products. The initial notification, issued on August 21st 2024,…
FSSAI ban to use A2 milk may be revoked- An urge to PM Modi
The food standard regulator Food Safety and Standards Authority of India (FSSAI)’s recent directive to dairy companies against usage of A1 and A2 labels has been opposed by Indian Council for Agricultural Research (ICAR)’s governing body member and livestock expert Venugopal Badaravada. In a communication to Prime Minister Narendra Modi, Badaravada urged him to request FSSAI…
Milma increases milk procurement price by ₹9 /l for Onam
The Thiruvananthapuram Regional Cooperative Milk Producers’ Union (TRCMPU) has increased the procurement price of milk by ₹9 per litre during Onam season. Of this, ₹7 will be paid to dairy societies, while ₹2 will be converted into additional share capital of the regional unions. Of the ₹7 received by the dairy societies, ₹5 will go…
FSSAI notification on A2A2 milk : Is it farmer friendly ?
Fssai notification on A2 milk : Let me play devil’s advocate here The Food Safety and Standards Authority of India (FSSAI) recently issued a notification aimed at regulating the labeling and marketing of A1 and A2 milk products in the country. This move is seen as a response to growing consumer interest and confusion regarding…
Amul is the strongest Food Brand in the world
Amul & Hershey’s lead with AAA+ brand strength rating After placing second last year, Amul (brand value up 11% to USD3.3 billion) has risen one spot to become this year’s strongest food brand in the global rankings. Its brand value growth is supported in part by its robust BSI performance, having recorded an increase of…
Animal Husbandry Sector to create FMD-Free Bharat- Lalan Singh
Shri Rajiv Ranjan Singh alias Lalan Singh, Union Minister of Fisheries, Animal Husbandry & Dairying today review the measures taken by the department towards FMD-Free Bharat (FMD-Foot & Mouth Disease) with vaccination by 2030. Shri Singh said that the Livestock sector is an important sector contributing not only to the Indian economy but to the…
FSSAI Launches Initiative to Detect Microplastics in Indian Food
The Food Safety and Standards Authority of India (FSSAI) launched an innovative project to tackle the growing concern of microplastic contamination in food on August 18, 2024, in New Delhi. Recognising microplastic pollution as an emerging threat that requires immediate attention, the project – “Micro-and Nano-Plastics as Emerging Food Contaminants: Establishing Validated Methodologies and Understanding the…