Last quarter earnings adding to impressive performance of Dodla dairy in FY24
Dodla Dairy Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 7,874.46 million compared to INR 7,242.82 million a year ago. Revenue was INR 7,952.45 million compared to INR 7,305.87 million a year ago. Net income was INR 468.31…
Indian dairy exports in FY 24 showed better value realisation in global markets
Drawing from data provided by APEDA and Indian Customs, we present an in-depth look at the trends and dynamics shaping the dairy export landscape. Note that Casein and Lactose are excluded from this analysis and will be covered separately. For India to fully leverage its substantial milk production, processors must prioritize export markets, facilitating better…
ICMR: Limit milk Tea and Coffee Consumption, Raises Concern Over Excess Intake
A new guideline issued by The Indian Council of Medical Research (ICMR) recommends that tea and coffee consumers be cautious about excessive consumption. The ICMR, in collaboration with the National Institute of Nutrition (NIN), released 17 new dietary guidelines for Indian citizens to promote healthy eating habits nationwide. The guidelines stress the importance of a diverse diet…
Micro-dairy brand MilkBlitz unveils new logo and website
MilkBlitz, a micro-dairy producing premium, pure, single-origin, A2 buffalo milk, recently launched its corporate website and brand logo in collaboration with Mumbai-based digital agency, Rite KnowledgeLabs. MilkBlitz’s ‘micro-dairy’ business model ensures the availability of fresh, nutrient-dense, A2 buffalo milk, locally, without any processing or treatment. Rite KnowledgeLabs, the visual communication and digital design and content…
From Village Milk Collector to Rs 500 Crore Company Owner: Narayan Majumdar’s Journey
In the vast and diverse landscape of Indian entrepreneurship, stories of individuals rising from humble beginnings to build formidable business empires are both inspiring and motivational. One such remarkable story is that of Narayan Majumdar, a veteran dairy technologist and the founder of Red Cow Dairy. His journey from collecting milk on a bicycle to…
Despite good initiatives under NDA backing out on farm reforms is a negative
he National Democratic Alliance (NDA) government adopted a two-pronged strategy to address the twin challenges of raising agricultural growth and enhancing the welfare of farmers after it came to power in 2014. Initiatives such as PM Kisan Samman Nidhi, which entail an annual payment of ₹6,000 per farmer in four installments, or the PM Fasal…
Scotland cricket team unveils T20 World Cup jersey with Nandini dairy brand logo
In what comes as a proud moment for Kannadigas and dairy farmers in Karnataka, the Scotland cricket team on Wednesday unveiled its new ICC T20 World Cup jersey with Karnataka Milk Federation’s (KMF) Nandini logo. The Nandini logo is featured in the leading arm of the jersey in both English and Kannada. The jersey was…
Asia-Pacific Power List 2024: Jayen Mehta, Amul
Jayen Mehta is a very busy man. Understandably so, as it is no mean feat to give legs to India’s prime minister’s vision of making Amul “the taste of the world.” Mehta, a campus recruit of IRMA (Institute of rural management, Anand), joined Amul as a trainee in 1991. Three decades later, as its managing…
Milk prices beat the trend, unlikely to rise this summer in Indore
Milk prices are unlikely to see any rise this summer due to surplus production in May month as against the usual seasonal drop that leads to price hike. Surplus milk output in Indore has touched close to 2 lakh litre per day in May. Loose milk is priced at Rs 58-Rs 60 per litre in…
India’s Livestock Economy is in Danger
Livestock contributes about 4.11% to the total GDP of India and 25.6% to the agricultural GDP, this sector strengthens the economic base of rural India. For example, the dairy sector alone has propelled India to become the largest milk producer globally. For example, dairy, being the largest agricultural commodity in India, contributes 5% to the…