As whole sale milk price simmer, dairy cos may take further hike
With the price of wholesale milk continuing to rise across the country, dairy companies will need to increase prices again in the second half of FY23, according to a report by ICICI Securities. These companies will need to focus on increasing the share of Indian value-added products to protect their profitability, analysts at the brokerage…
What’s common between Amul and Parle G?
Consumers and brands alike were blindsided by the pandemic and subsequent lockdowns, but a few companies with operations outside India were slightly ahead of the curve. While the list of companies able to achieve this feat is long, for a household brand, catering to a country of 1.38 billion people, it was one of the toughest strategies to crack….
 Chocolates in demand amid stress, inflation: Mondelez 
Mondelez India, the country’s biggest confectionery maker, said there has been a strong volume growth in chocolate sales, bucking the slowdown trend in the overall market and indicating consumers could be turning to comfort food in a time of stress and inflation.”We see a lot of growth being fired by double-digit volume, which is quite…
Competition for dairy is from fake chemical products
“I see stability in the dairy prices and the market. There may be a small increase but the situation is tight in dairy supply because demand is much more than what the organised sector is able to meet. The pre Covid level was much higher than the pre Covid level. It is good for the…
India facing deficit of green, dry fodder: Rupala
The country is facing deficit of 23.4 per cent in dry fodder, according to the Union Ministry of Fisheries, Animal Husbandry and Dairying. In a reply in the Lok Sabha on Tuesday, Parshottam Rupala said the ICAR — Indian Grassland and Fodder Research Institute (IGFRI), Jhansi, has estimated that there is deficit of 11.24 per…
Tamil Nadu CM MK Stalin inaugurates Aavin ice-cream plant in Salem
Tamil Nadu Chief Minister M K Stalin inaugurated the state owned Aavin ice-cream factory established at a cost of Rs 12.26 crore in Salem on Tuesday. The state-of-the-art facility, virtually inaugurated by the Chief Minister from the secretariat here, can produce 6,000 pieces of ice-creams in the form of cone and cup in various flavours…
Parle Agro’s quest for ₹10 price point in scaling dairy milk beverages
In 2021, home-grown beverage manufacturer, Parle Agro (maker of Frooti and Appy Fizz) entered the dairy-based beverage business with the launch of Smoodh, its flavoured milk brand. Not only has the company extended Smoodh to yogurt-based beverages, joint managing director Nadia Chauhan is confident that her portfolio of dairy beverages would contribute 50% of the…
Badri cow breed of Uttarakhand to get a genetic boost
To increase the productivity of its indigenous Badri cow, which grazes on herbs that grow in the Himalayas, Uttarakhand is now planning for its genetic enhancement. At the recent chintan shivir (brainstorming session) that Chief Minister Pushkar Singh Dhami had with senior officials of the State, the Animal Husbandry Department proposed to use sex-sorted semen…
Should you skip dairy? Experts weigh in
The debate whether dairy should be a part of one’s diet has been going on for a while. A lot of people talk about how cutting off dairy completely can cause significant improvement in health. But, is this a myth or a reality? Nutritionist Rujuta Diwekar weighed in on whether this is a wise thing to do….
RS: Shah gives details of co-op societies in agri, dairy & fisheries
There are nearly 95,000 Primary Agriculture Credit Societies (PACS); 1,99,182 primary dairy cooperative societies and 25,297 primary fishery cooperative societies as against 2,55,643 Panchayats and 6,62,750 villages in the country. As per the Allocation of Business Rules, 1961, one of the mandates of the Ministry is “Strengthening of cooperative movement in the country and deepening…