Aavin : Strike a balance between payment to farmers and pricing
Minister for Dairy Development Mano Thangaraj on Monday said that Aavin will focus on providing good procurement prices to the milk-supplying farmers while ensuring quality products to consumers at affordable costs. Addressing presspersons after reviewing the functioning of the department and the Tamil Nadu Cooperative Milk Producers Federation, the Minister who was recently given the…
Milk and milk products’ inflation eased marginally to 8.85% in April
India’s retail inflation slid to an 18-month low of 4.7% in April, staying below the Reserve Bank of India’s 6% tolerance threshold for price rise for the second successive month, aided by the base effects from last April when it had hit an eight-year high of 7.8%. Price rise faced by urban consumers cooled to 4.85% in April…
Cross-border sale: NDDB calls milk coop feds’ meet to sort issue
Earlier, KCMMF, known by the brand Milma, had voiced serious concern over Karnataka Milk Federation (KMF) foraying into parts of Kerala to sell its Nandini brand of liquid milk The National Dairy Development Board (NDDB) will be holding a meeting of the chairman and managing directors of co-operative dairy federations of the country this month…
Tapping the nascent market for donkey milk
Adjacent to the NHAI toll plaza in Kuderu mandal’s Jallipalli lies a sprawling 10-acre enclosure on which roam 28 donkeys, belonging to couple Tejaswini and Venkatesh. Tejaswini, an engineering diploma holder, and Venkatesh, once a successful railway contractor, gave up their professions and invested ₹45 lakh into their business idea — establishing a farm to…
Assam will also start paying Rs 5/liter milk subsidy to farmers
To improve quality control and boost incentives for milk farmers, Assam is planning to launch a single brand name for milk, akin to Gujarat’s ‘Amul’ and Karnataka’s ‘Nandini’. Chief Minister Himanta Biswa Sarma made the statement on the eve of the competition of two years with him in power in the state. Speaking to the…
DS Group forays into chocolate segment
FMCG company Dharampal Satyapal Group (DS Group) has forayed into chocolates to add to its portfolio of confectionaries, beverages, spices, mouth fresheners and hospitality. According to Rajiv Kumar, vice-president of DS Group, they have a premium chocolate brand and are preparing to enter the mass segment chocolate industry soon, giving them a presence across the…
45% rise in milk production in Tamil Nadu in last 10 years
Milk production rose 45% over the past decade in Tamil Nadu, with the number of milch cows also rising 12%. On the market front, Tamil Nadu’s ecosystem allows private players to thrive unlike some states where the cooperative federations have a monopoly. The Tamil Nadu Co-operative Milk Producers’ Federation Limited, popularly known as ‘Aavin’, and private dairies…
Procurement prices likely to soften in the next 5-6 months: Kesavan
Heritage Foods Ltd has said it is confident of achieving the target of becoming a ₹6,000 crore revenue company in the next three years. “We set out a target to become a ₹6,000 crore revenue company about five years ago. But unfortunately, we were hit by the pandemic. That affected not just our business but…
Hatsun Agro reports a 16% drop in Q4 net profit, revenue up 10%
Hatsun Agro Products Ltd , a leading Chennai-based dairy company, reported a 16 per cent drop in net profit to ₹25 crore for the fourth quarter ended March 31, 2023 as against ₹30 crore for the corresponding quarter previous year. Revenue was up 10 per cent to ₹1,791 crore (₹1,627 crore). Cost of materials consumed…
A1 & A2 Milk: What’s The Difference Between the Two?
There has never been any doubt about the great love we Indians have for all things dairy – from milk to all the products it churn out – yoghurt, buttermilk, butter, cottage cheese… in all its sweet and sour ways. There’s no doubt about the importance of dairy in our diet, and the goodness it bestows to…