Phyx44, India’s First Full-Stack Precision Fermentation Dairy Company
Phyx44 is well on its way to disrupting India’s dairy sector with its $1.2 million seed funding for its precision fermentation technology. The Bangalore-based Phyx44 says it’s using precision fermentation to create whey and casein proteins as well as fatty acids found in dairy, just without the lactose or the environmental footprint of conventional dairy….
Two-fold rise in dairy exports melts butter stocks at home
The native market is dealing with an acute scarcity of butter and ghee, after a virtually two-fold enhance in dairy product exports final fiscal 12 months and better consumption throughout Diwali drained the provision pipeline and stocks. According to statistics compiled by the Agricultural and Processed Foods Export Development Authority (Apeda), India exported 19,954 tonnes…
Front-of-pack labelling norms will affect MSMEs if enacted, says industry
Ease of Doing Business for MSMEs: Trade association and sellers body, Indian Sellers Collective on Wednesday opposed a proposal by the government’s food licensing body, Food Safety and Standards Authority of India’s (FSSAI) on Front of Pack Nutrition Labelling (FOPNL) regulation of putting star ratings on food items based on their nutrient composition, as per a…
Need to develop advanced breed of cows: Yogi Adityanath
“We won’t be able to fulfill the goals of Gram Swarajya without this. The state government supports all positive initiatives in this direction…To boost the income of agricultural and livestock farmers, the production of milk-based products like curd, butter, and ghee need to be pushed,” he added. In Mathura to dedicate the Shri Shri Krishna…
Mother Dairy planning Rs 800 crore capex in 3-4 years
To cater to the exponential demand, milk and milk products major Mother Dairy has planned a mega capex fund worth around Rs 800 crore for the next couple of years. In a conversation with Moneycontrol, company Managing Director Manish Bandlish said that a proposal for capacity expansion by setting up new plants has been planned. “Some of…
Department of Animal husbandry and Dairying- Dairy going hi-tech
In a bid to deploy the latest technologies and devices like biometrics, Internet of Things (IoT), and drones in animal husbandry and dairy, the central government will soon engage such entities specializing in this sector. These entities will include leading lT companies, livestock and dairying organizations, startups, and research and educational institutes. The Department of…
Fodder inflation could really shrink milk output
The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard. Fodder inflation has seen a sharp hike in the last four months, despite the softening of overall WPI inflation in the recent months. The overall WPI inflation has eased to 10.70 per cent in September from…
Despite flush season dairy farmers in Maharashtra fetch good prices
Dairy farmers in the state are enjoying a rare spell of good price, which has seen dairies increase their procurement price even as the sector enters its flush season when production increases. Dairies say there is a 10-15 per cent dip in output in many milk-producing states, which has led them to increase the procurement…
Karnataka: Nandini ghee price up Rs 180 per litre in 2-and-half months
Unable to get the government’s approval to hike milk prices in the past few months, the Karnataka Milk Federation (KMF) is pushing up the price of Nandini ghee and it has gone up by over Rs 180 per litre in two-and-a half months. A litre of Nandini ghee which was sold at Rs 450 on August 22 is now…
Kerala pushes maize farming -boost dairy productivity control fodder prices
The State is conducting an intensive drive to promote maize cultivation as it’s most ideal to boost dairy production and control fodder prices, says Minister for Animal Husbandry and Dairy Development J. Chinchurani Maize may not be a common crop in Kerala, but the Animal Husbandry department is looking at extending its cultivation to more…