Unorganised Sector Dominates 80% Of Indian Dairy Market
In an insightful conversation with Akshali Shah, Executive Director of Parag Milk Foods, we delve into the journey of Parag Milk Foods’ evolution, innovation, and its commitment to quality. Akshali shares her remarkable transition within the company, witnessing its growth from its early stages to its present standing. With a keen eye on market trends…
Amul is the largest FMCG brand in India
Gujarat Cooperative Milk Marketing Federation (GCMMF), the apex organization of all the dairy cooperative unions in Gujarat and the marketers of Amul brand, is marking its Golden Jubilee this year. Founded in 1973 with just six Member Unions and a turnover of Rs. 121 crores, today, GCMMF has 18 Member Unions within Gujarat, collecting more…
Applicability of VAT. Milk cream cannot be classified as milk
It took nearly nine years for a High Court to arrive at the conclusion that ‘milk cream’ is not ‘milk’ and, hence, will not be exempted from Value Added Tax (VAT). “We are of the opinion that in the instant case also, a scientific or technical meaning of the term ‘milk cream’, as is sought…
Parshottam Rupala visits Purabi Dairy plant in Guwahati
Union Minister of Fisheries, Animal Husbandry nd Dairying Parshottam Rupala visited West Assam Milk Producers’ Cooperative Union Ltd. (WAMUL-Purabi Dairy) at Guwahati on Thursday. The Minister reviewed the status of activities currently being done by WAMUL, besides taking stock of its future plans. The minister was apprised of the progress made by WAMUL under the…
Animal Feed Industry Should Address Fodder Shortage: Rupala
“Currently, we are facing the problem of fodder in the country. To address this problem, the industry should take serious steps in innovative ways and on a new scale,” Rupala said addressing a symposium organised by industry body CLFMA of India. The animal feed industry should take serious steps in an innovative manner to address…
Revolutionizing Cattle Feed: A Triumph of R&D
At Metro Milk Products Ltd., we recognize that the transformative potential of cattle feed goes beyond theoretical notions. To bring this belief to fruition, we embarked on an ambitious journey alongside our dedicated veterinary team. With unwavering commitment and curiosity, we delved into an extensive research and development phase spanning six months. Our primary objective…
Crisil Says India’s Dairy Success Holds Key To Food Price Stability
Retail inflation rose to 7.44%, the highest since April 2022, led by inflation in food and beverages which stood at 10.47%, the highest since January 2020. As prices of various food items rise due to a combination of global and local factors, including extreme weather conditions, the government has continued supply-side interventions. These include releasing…
Taste of Life: The ‘butter’sweet tale of Poona dairy farm
Butter needed for the coffee shops and regimental messes in the cantonment would be bought from a Parsee dairy in Bombay, before the government dairy farm was set up in Poona in 1890 The foodscape of a city is often a culmination of several events that sometimes take place in parallel or together. Butter needed…
Robust demand to whip up dairy revenue by 14-16%-Crisil
Strong demand for value-added products and stable milk consumption will lead to a 14-16% revenue growth for India’s organised dairy industry this fiscal. With raw milk supply improving, there will be fewer price hikes and profitability will recover 20-50 basis points, said rating agency Crisil . Last fiscal, disruptions in raw milk supply had led to…
New dairy farmer-friendly bill: Annual welfare fund cap set at 500 L
Thiruvananthapuram: All dairy farmers who provide milk through self-help groups (SHG) will now be considered for the Dairy Farmers Welfare Fund. Previously, only two and a half lakh dairy farmers who provide at least 500 liters of milk annually were part of the welfare fund. The bill contains several provisions that give discretionary powers to…