Dairy firms may see 11–13% revenue rise in FY26: Crisil
Dairy companies are likely to witness 11-13 per cent revenue growth this financial year on strong demand, increasing share of value-added products (VAP) and higher milk prices, a report said on Monday. The profitability will improve by 20-30 basis points (bps), aided by better realisations, healthy milk supply keeping procurement prices in check and a…
Odisha Hikes Milk Procurement Price by ₹3/Litre to Support Dairy Farmers
On World Milk Day, the Odisha government announced a ₹3 per litre increase in the milk procurement price, raising it from ₹35 to ₹38 per litre. This move directly benefits approximately 2.5 lakh dairy farmers associated with the Odisha State Cooperative Milk Producers’ Federation (OMFED). To balance this increase, the retail price of milk will…
India-NZ FTA Talks Stalled Over Dairy Market Access
Negotiations for a Comprehensive Free Trade Agreement (FTA) between India and New Zealand are currently impeded by concerns over opening India’s dairy market to New Zealand’s exports. New Zealand’s Deputy Prime Minister and Foreign Minister, Winston Peters, emphasized the significance of dairy in the trade talks during his recent visit to India. He acknowledged the…
One in Three Indians Drinks Milk Daily
Despite rising milk prices and a significant prevalence of lactose intolerance, milk remains a staple in the Indian diet. A recent study highlights that one in three Indians consumes milk daily, underscoring its cultural and nutritional importance. Milk’s central role in Indian households is evident, even as consumers face challenges. Surveys indicate that approximately 60%…
Crèmeitalia Secures ₹18 Cr to Expand Premium Cheese Reach
Mumbai-based gourmet cheese startup Crèmeitalia has raised ₹18 crore (approximately $2.1 million) in a Series A funding round led by the Amit Jatia Family Office, with participation from BL Taparia Family Office (B2V Ventures), Sixth Sense Ventures’ Nikhil Vora, and other prominent investors. The capital will be utilized to establish a state-of-the-art manufacturing and R&D…
Amul Boosts Milk Price, Cuts Feed Cost to Aid Farmers
Amul Dairy, headquartered in Anand, Gujarat, has announced a strategic move to support its extensive network of over 700,000 milk producers across Anand, Kheda, and Mahisagar districts. Effective June 1, 2025, the cooperative will increase the milk procurement price by ₹10 per kilogram of fat, raising it from ₹855 to ₹865—the highest rate in Gujarat…
Sahakar Bharati Hosts Dairy Convention in Gujarat
Sahakar Bharati’s Dairy Cell organized a two-day national convention at the National Dairy Development Board (NDDB) auditorium in Anand, Gujarat, on May 24 and 25. The event gathered prominent figures from India’s dairy sector, including Gujarat’s Cooperation Minister Jagdish Vishwakarma, Amul Dairy Chairman Vipul Patel, NDDB Chairman Meenesh Shah, GCMMF Chairman Shamal Patel, and Sahakar…
Milma Achieves ₹4,327 Cr Revenue, Enhances Farmer Incentives
The Kerala Co-operative Milk Marketing Federation (Milma) has reported a record revenue of ₹4,327 crore, marking a significant milestone in its operations. In response to this achievement, Milma is set to enhance incentives for dairy farmers, aiming to bolster milk production and ensure consistent supply. The federation’s strategic initiatives focus on strengthening the dairy sector’s…
Shreeja & Mother Dairy to Build Plants in Andhra
Andhra Pradesh Chief Minister N. Chandrababu Naidu has announced significant investments by Shreeja Milk Producer Organisation and Mother Dairy in Kuppam, Chittoor district, as part of the state’s ‘Swarna Andhra’ vision. Shreeja plans to establish a dairy and animal feed processing unit, while Mother Dairy will set up a fruit pulp processing facility. These projects…
Cooler Summer Dampens Dairy Sales Growth
India’s dairy sector is experiencing a slowdown in the sales of summer-centric products such as curd, buttermilk, and ice creams due to an unexpectedly cooler summer and increased rainfall. Mother Dairy, a major supplier in the Delhi-NCR region, has revised its projected growth for these products downward by 10%. The company attributes this decline to…