Milk prices will remain firm due to inflationary pressures: MD Amul
Dairy major Amul feels prices will remain “firm” going forward due to increased pressure from energy, logistics and packaging costs, a top official said on Tuesday. “Prices will be firm, I can’t say by how much. They can’t go down from here, can only go up,” Amul MD RS Sodhi told PTI when asked about his outlook…
Karimnagar Dairy will soon give Amul a run for its money: Chairman
The Karimnagar Dairy, one of the leading dairy in the Telangana state in terms of sales and procurement of milk and milk products is all set to progress on par with the Amul Dairy and compete with other dairies in the country, said, Dairy chairman Ch Rajeshwar Rao on Monday. Speaking to newsmen, Rajeshwar Rao said that…
Can new age dairy disruptors outsmart India’s famed milk cooperatives?
Minati Patnaik, a 55-year-old homemaker in Bhubaneswar had been buying milk from a local milkman for over three decades. Though the latter was infamous for adulterating the milk, Minati chose to ignore it as she had heard worse stories of adulteration by local milk co-operatives. It’s been five years since Minati switched allegiance to Milky…
Sanchi milk charged more in state capital, claims Congress
State Congress media cell vice-president Bhupendra Gupta on Saturday alleged that Sanchi milk is being charged Rs 1 more in the state capital. “The milk societies of the state were allowed a maximum price hike of Rs 4 per litre on Sanchi milk by the Madhya Pradesh State Cooperative Dairy Federation. All the milk societies in the…
The road towards a sustainable future : Milky mist Dairy
Milky Mist Dairy- Pioneer in green energy and self-sustainability. Milky mist Dairy has commissioned a 7 MW power plant at Kavilipalayam, Erode on March 21st 2022, thus establishing itself as the forerunner in environmental sustainability. Milky mist with an annual turnover of Rs. 1100 Cr has embarked on switching over to renewable green energy resources over…
Heritage Foods Ltd to acquire assets of Suguna Dairy Products
The Board of Directors of Heritage Foods Ltd at its meeting held on Friday 25th March, 2022, approved the purchase of assets and acquiring of procurement & sales network from M/s Suguna Dairy Products (India) Private Limited for a cash consideration of INR 2.81 Crores. M/s Suguna Dairy Products (India) Private Limited is engaged in…
Goa Dairy mulls hike in milk rates from Apr 16 after Amul’s raise
After the Gujarat Cooperative Milk Marketing Federation (GCMMF) hiked the price of its milk brand Amul , Goa Dairy is also likely to follow suit and increase its rates from April 16. The administrators’ committee of Goa Dairy, that had met on Thursday, has resolved to raise the milk price. Farmers who supply milk to Goa Dairy…
India-UAE CEPA: Sensitive dairy goods kept out of FTA
India has kept sensitive dairy products out of the purview of its free trade agreement (FTA) with the UAE and pledged phased reduction of tariffs on certain key farm and food items, mainly meat, to safeguard the interests of domestic players. The details of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) show New Delhi, which…
Amul set to taste Rs 60,000-crore-sales mark in FY22
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its products under the Amul brand, will cross the Rs 60,000-crore mark in total sales this fiscal, up 13% on year. RS Sodhi, managing director, GCMMF, told FE that the jump in sales would be on the back of products like butter, cheese, milk, curd, ice creams and other…
Ice-cream makers upbeat about hot sales this year
Easing of Covid curbs and predicting of higher mercury levels to propel the sales After witnessing two consecutive years of lacklustre sales in summers, ice-cream makers are upbeat about their business this year. The relaxation of Covid restrictions across the country coupled with the prediction of a very hot summer is likely to augur well…