Plant-based beverages are no match for bovine milk
Consumers must not be swayed by such drinks using the term ‘milk’ as cow milk is superior in nutrition, taste and is economical too Pankaj Parmar, Yashobhanta Parida and Jashbhai B Prajapati Milk has been an unquestioned staple food of the Indian diet since centuries. It is the first food that is received by any mammal…
Jayshri Gayatri Food Products Bhopal launched Milk Magic for B2C
After his B2B exports business came to a standstill, entrepreneur Kishan Modi launched Milk Magic, a B2C dairy brand, to sell paneer, butter and cheese in India. It’s USP is simple: retail export-quality, value-added dairy products at competitive prices. The COVID-19-induced lockdown presented a huge problem of unsold inventory for entrepreneur Kishan Modi. His Bhopal-headquartered…
IFC to fund Parag’s milk working cap and expansion plans
Parag Foods Limited (Parag) is planning to raise money from International Finance Corporation (IFC) for meeting the company’s working capital needs and for its long-term expansion plan. IFC committed around $31 million (around Rs 230 crore) to Parag in the form of non-convertible debentures to support the company’s working capital needs and long term Capex…
Dairy Farmers , Dairy Products in India : Where does it stands ?
The per capita availability of milk in India was 130 gram per day during 1950-51, which has increased to 374 gram per day in 2017-18. Dairy plays a crucial role in India’s food choices and local cuisines. From sweets, ghee, butter to pure milk and curd, it is consumed across the spectrum. India has emerged…
Government banks on larger agri credit pie in times of farm unrest
The budget sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in FY21 Finance minister Nirmala Sitharaman said, “We will focus on ensuring increased credit flows to animal husbandry, dairy, and fisheries”. Budget FY22 sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in…
Dairy Farmers , Dairy Products in India : Where does it stands ?
The per capita availability of milk in India was 130 gram per day during 1950-51, which has increased to 374 gram per day in 2017-18. Dairy plays a crucial role in India’s food choices and local cuisines. From sweets, ghee, butter to pure milk and curd, it is consumed across the spectrum. India has emerged…
Heritage Foods reports Rs 26 Crores net profit in Quarter 3, FY 2020-21
Heritage Foods reported -10.04% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs604.92cr. It reported -10.04% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs604.92cr. The dairy products business saw a sharp 15% fall on yoy basis due to the lockdown impacting the downstream retail businesses. The…
DAIRY NEWS Food processing industry accounts for 32 %share of India’s food market
The Global Report on Food Crises (GRFC) 2020 indicates that acute hunger has increased across the globe since the pandemic began in 2013. Packaged food is impacting the food availability of millions of marginalized people. It increases the market value of raw materials in the supply chain and makes large food processing companies major players…
Productivity and Quality of milk is top priority of the Govt : Atul Chaturvedi
Agriculture Today organised India Dairy awards on Jan 30,2021. Key stakeholders from the industry, government and farmer groups attended the function. The policy makers shared the government future plans for the dairy and livestock industry. Ananda Paneer launched their innovative variants during the award ceremony. The winners of these awards in different categories are as…
Productivity and Quality of milk is top priority of the Govt : Atul Chaturvedi
Agriculture Today organised India Dairy awards on Jan 30,2021. Key stakeholders from the industry, government and farmer groups attended the function. The policy makers shared the government future plans for the dairy and livestock industry. Ananda Paneer launched their innovative variants during the award ceremony. The winners of these awards in different categories are as…