Britannia hit 52 week high in stocks post Quarterly results
Britannia has just been declared second most preferred brand In Food and beverage section, this week. In March quarter Britannia showed a 26% rise in net profit and 2 % rise in revenue for March quarter. Mr Varun Berry MD Britannia is not keen on pushing vocal for local campaign due to two reasons. First…
Telangana Authorities slapped 5% gst in Ice cream parlours
In Covid times when ice cream business has got maximum beating in terms of sales, Authority of Advance Rulings ( AARs) level created a confusion for every one by slapping 5 % GST without ITC ( Input tax credit) on ice cream served at Ice cream parlors and home parties. As per AAR that Ice…
International IFCN conference organized on June 2nd and 3rd 2020
21 st International dairy conference by IFCN. Milk production growth at 1.4% during 2019 was significantly below the long-term average of 2.3% in 2019. This was driven mainly by India, Oceania, Africa and the Middle East. Meanwhile, the rising popularity of milk alternatives in rich countries and lower milk availability in emerging economies slowed down…
Dairy farm bombed to the east of Gaza strip by Israel
Israeli aircrafts last night bombed several agricultural sites to the east of the besieged Gaza Strip. Helicopters and F-16 fighter jets attacked with at least five rockets across the Al-Zaytoun neighbourhood. This locality is towards the east of Gaza City. WAFA reported that the Israeli artillery fired two shells at another plot of agricultural land to the northeast…
A2 is the way 2 Heritage foods launched A2 milk
Heritage foods launched A2 milk in the market on the occasion of World Milk day. The promotion tag line says , A2 is the way to wholesome health . At the launch program of A2 milk, the Executive director of Heritage Foods Ms Nara Brahmani, also shared the activities carried out by their Heritage Farmers…
FAO Dairy Price Index Down in May by 7.3% from April
The FAO dairy price index saw a third consecutive monthly decline and setting the index value 44.3 points or 19.6% below its level one year ago. Quotations for all dairy products represented in the index fell in May with steepest drops registered in butter and cheese. The reason for fall in butter is due to…
Atma Nirbhar Bharat : Farmers of Jamui Village in Bharat set up min plant to process milk
Following Vocal for Local initiative of Sh Narendra Modi ji, dairy farmers from Jamui village , district Jamui Bihar set up their own mini dairy plant during the times of Corona. The problem escalated when Sudha Cooperative from Bihar federation stopped collecting milk from their center. The milk supply from this cluster was close to…
Trusted and affordable dairy products will upsurge in demand
There is no need for the dairy sector to pivot too much in order to meet the requirement of post covid consumer behavior. Consumption of ghee, cheese, butter, paneer increased by 30-40 % which to large extent helped in setting off the15% decline in milk demand due to closure of HORECA. Ice cream demand plummeted…
Vijaya dairy launching 1000 e mobile outlets in Hyderabad
Telangana government is planning an aggressive campaign for the come back of Vijaya dairy with the launch of e mobile outlets. The authorities will be rolling out 1000 of such outlets. The first lot of 15 such e outlets have been released by Mr Talasani Srinivas Yadav, Minister of Animal husbandry and Dairy development, Telangana…
Animal husbandry Infrastructure fund may ignite White revolution 2.0
Mr R S Sodhi MD Amul , is confident that recently announced Animal husbandry fund of Rs 15000 crore may begin white revolution 2.0 in the country. He appreciated the efforts of each and every one in the dairy supply chain as corona warriors. In the recently announced stimulus package for farmers, he is happy to have…