Dodla Dairy’s Q2 Earnings: An Insight into India’s Dairy Industry
In the bustling chaos of India’s dairy market, Dodla Dairy emerges as an exemplar of resilience, demonstrating a commendable financial performance in the second quarter of the fiscal year. In a country priding itself as the world’s largest milk producer, Dodla Dairy’s robust earnings resonate with the potential of India’s dairy industry, an often-understated cornerstone…
Banas Dairy to invest Rs 2,100 crore in Gujarat, signs MoU
Banas Dairy, the biggest diary of Gujarat, Saturday said it planned to invest Rs 2,100 crore in the state, stated an official release. A Memorandum of Understanding (MoU) in this regard will be signed by Banas during the Vibrant Gujarat summit held during January 10-12 next year. These investments are expected to create 1,094 new…
Purabi Dairy to release Rs 1.47 cr additional price to dairy farmers
The North Eastern Region’s largest dairy cooperative, Purabi Dairy, announced on Friday that it would release Rs 147.91 lakh as an additional milk procurement price to the farmers of the state. West Assam Milk Producers’ Co-operative Union Ltd (WAMUL), which operates the Purabi brand, informed that the decision will benefit thousands of dairy farmers as…
Aavin to augment milk procurement, says Mano Thangaraj
Tamil Nadu dairy development minister Mano Thangaraj has said that the government has initiated a series of measures to augment milk procurement through Aavin. Speaking to reporters in Coimbatore after a meeting with dairy development department officials on Thursday, Mano Thangaraj said that as part of the measures to scale up procurement, Aavin was extending loans to more than two lakh…
Nestle India Share price rises 4% , Hits highest Q3 after earnings
Nestle India share price climbed over 4 per cent to hit its fresh record high in intraday trade on BSE on Thursday, October 19 after the company reported its September quarter (Q3CY23) scorecard. Nestle share price opened at ₹23,279.90 against the previous close of ₹23,269.65 and rose about 4.12 per cent to hit its all-time high of ₹24,228.75…
Shastri-Kurien, and the White Revolution: Dairy-Efficient India
When people talk of profound change and transformation, they often associate it with big pronouncements, highly publicised policy decisions with all the bells and whistles, and the usual dose of hype. But the transformation that enriches the lives and livelihoods of tens of millions of citizens often happens without fanfare. An unpublicised and largely forgotten…
Women dairy farmers organisation Shreeja earns global laurel
Women dairy farmers organisation Shreeja earns global laurels, wins award at World Dairy Summit in Chicago, US for Innovation in women empowerment in Dairy sector Indian women dairy farmers a role model for global dairy sector: NDDB Chairman New Delhi, Oct 17, Keeping the Indian Tricolour high in the arena of World Dairy Summit currently…
India’s Heritage Foods Q2 profit jumps on strong dairy demand
India’s Heritage Foods posted a more than 17% jump in its second-quarter profit on Wednesday on strong demand for its milk and dairy products.The dairy producer reported a consolidated net profit of 224.1 million rupees ($2.69 million) for the quarter ended September 30, compared with 190.5 million rupees a year earlier. The company’s dairy segment,…
NANDINI FROM 1974 INCEPTION TO RS 14,018 CRORE IN 2023
Karnataka Milk Federation’s Nandini is not just a brand; it’s a legacy. Born as Karnataka Dairy Development Corporation (KDDC) in 1974, it began its journey with the support of the World Bank. Fast forward a decade, and KDDC transformed into Karnataka Milk Federation (KMF). Over the years, the metamorphosis wasn’t just in name but also…
Yogi inaugurated Dairy Project of Gyan Dairy in Gorakhpur
On October 16, 2023, Chief Minister Yogi Adityanath inaugurated the milk and milk products project of Gyan Dairy in Gida of Gorakhpur district. Along with this, the Chief Minister also honored 5 women associated with the dairy industry. Key Points: This dairy plant of Gyan Dairy is being set up as CP Milk and Food…