Megmilk and Agrocorp announce joint venture
Megmilk Snow Brand Company Limited has announced a partnership with Agrocorp International Pte Limited, a Singapore-based global agricultural commodities company. The joint venture will manufacture and market plant-based food ingredients. In its ‘Medium-Term Management Plan 2025’, Megmilk had identified entering the plant-based food sector as an important new business area. Agrocorp too has been looking…
Who moved our Ghee? It has all but vanished from store shelves
There has been a ghee shortage in the market since Diwali season 2022. Top brands have been running out of stock at shop shelves and on online portals regularly. With the lean season in milk underway (April to August or the summer-monsoon months when production of milk falls in relation to demand), it seems that…
Does India have room for a dairy behemoth ?
On an October morning in 1964, Lal Bahadur Shastri, then Prime Minister of India, was engrossed in a conversation. He was looking to clear his doubts after spending the night at a farmer’s house in Anand, Gujarat. Shastri, after he was informed about the stellar performance of a local dairy cooperative, was keen to understand…
Lumpy is back in Rajasthan and the dairy dept gearing up to fight
The lumpy skin disease is back in the state, and the animal husbandry department is gearing up to fight it after a few cases were reported from various districts. It broke out in July last year and relented by September. This viral disease, according to figures from non-government organisations, killed more than 76,000 bovines. Department…
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…