Huge SMP stocks in Maharashtra checks the farmer’s milk prices
The SMP inventory levels have crossed 50,000 tonnes in the state and unless these are sold; the sentiment in the dairy sector will remain weak. Excess stocks of skimmed milk powder (SMP) have become a matter of concern for Maharashtra’s milk sector. The state’s inventory of SMP has reached nearly 50,000 tonnes. As a result,…
Hatsun starts a 101 Crores automated dairy plant at Tripur
Hatsun Agro Product Ltd.(HAP), a leading private sector dairy company in India, with brands ‘Arokya’, ‘Hatsun’, ‘Arun Icecreams’ and ‘Ibaco’, has started processing and packing of milk at its fully automated Greenfield dairy processing plant in Kangayam Taluk, Tiruppur district, Tamil Nadu. HAP invested Rs 101 Crores in this plant. It has equipment from Germany…
87 litres of milk per day costing Rs 90 lakhs to Lakshadweep Govt
The Lakshadweep administration on Monday tried to justify its decision to close down dairy farms in the islands and informed the Kerala High Court that the administration has to suffer a loss of more than Rs 90 lakhs per year to sustain the dairy farms. The decision to close down the farms has been taken…
After Amul and Mother Dairy, Gokul also raise milk price by Rs 2 per liter
The Kolhapur District Milk Producers Cooperative Union, owner of the Gokul Milk brand, has announced an increase in the price of milk in Maharashtra by Rs 2 per liter from Sunday. However, this price increase will not be applicable to Kolhapur, Sangli and Konkan. A statement released on Saturday indicates that Gokul has increased the…
Amul Wins Its First Trademark Violation Case Outside India
Canada has recognized ‘The Taste of India’. The Board of Intellectual Appeals of Canada recently granted trademark status to India’s homegrown dairy giant Amul. The country’s largest cooperative will also receive damages in the amount of CAD 32,733; after it won a trademark infringement case filed in the Federal Court from Canada. It is the first…
Pride of Cows is expected to reach Rs 400 crore revenue by 2027-28
Parag Milk Foods, dairy FMCG company with brands like Gowardhan, on Tuesday said its premium milk brand ‘Pride of Cows’ is expected to reach Rs 400 crore annual revenue by 2027-28, following growing popularity for cows milk and value-added products including the newly launched fat-free milk. The company plans to expand its Bhagyalakshmi Dairy Farm,…
The future of the Natural owners of Urban farming in Aarey milk colony
As the urban farming discourse in India has been expanding over the past few years; the limelight is often on upwardly-mobile urban citizens who take up farming for recreational, environmental, spiritual or economic reasons. More than half the world’s population is projected to live in cities by 2050. This raises the question about the availability of green…
Milk Mantra expects to have a revenue of ₹1,000 crore in 4-5 years
Milk Mantra expects to quadruple its revenue in the next four-five years to ₹1,000 crore; as it expands across eastern India both online and offline, says founder Srikumar Misra. The Bhubaneswar-headquartered dairy-company said it suffered distribution disruptions and took a hit on sales; during the Covid-19-induced lockdowns this year and in 2020, but it kept…
Pride of Cows launches Fresh Farm Fat free milk at Rs 120 per liter
Parag Milk Foods Ltd, a leading dairy FMCG company, with reputed brands such as Gowardhan, Go, Pride of Cows and Avvatar, forayed into the fat free milk variant under their premium milk brand Pride of Cows. The company plans on expanding their Bhagyalakshmi Dairy Farm, which supplies milk exclusively under ‘Pride of Cows’ brand, to…
Amul grew by 2% to become a Rs 53000 Crore brand despite Covid-19
Amul brand did a cumulative turnover of Rs 53000 Crores as within Gujarat some business is billed directly by a few Unions. The total turnover of GCMMF, which markets dairy products under Amul brand, grew 2 percent to Rs 39,200 crore; despite the COVID-19 pandemic; its Managing Director R S Sodhi said on Sunday. Gujarat Co-operative…