Trump’s tariffs to make Amul “preferred supplier of choice”
Amul which annually exports ₹1,000 crore worth dairy products across the globe, is rubbing its hands in glee. Though the imposition of retaliatory tariffs on India and other countries by the Trump administration is expected to make Amul products being sold in the United States expensive, Jayen Mehta, Managing Director of Gujarat Cooperative Milk Marketing Federation (GCMMF)…
Parag Milk Share Price Spikes after Raising Rs 161 Crore
Parag Milk Foods share price jumped over 9% on Thursday after the company announced raising funds worth ₹161 crore by way of preferential issue of convertible warrants. Parag Milk Foods shares rallied as much as 9.56% to ₹185.00 apiece on the BSE. The Board of Directors of Parag Milk Foods, at its meeting held on April 3, approved…
Aavin is the cheapest cooperative milk brand in India
Milk and Dairy Development Minister R S Raja Kannappan on Wednesday informed the Assembly that Aavin milk is the most affordable among all state-owned cooperative brands, including Amul, Nandini and Milma, as well as private brands, with the price difference ranging from Rs 6 to Rs 16 per litre. He added that Aavin can ensure…
Saras Dairy Raises Milk Procurement Prices
Jaipur Saras Dairy has increased the price of milk procured from livestock farmers through milk producer cooperative societies by ₹0.50 per fat percentage, effective April 1st. This increase will benefit the livestock farmers. Jaipur Saras Dairy typically increases milk prices at the start of summer. The Focal Point (FPO) of Jaipur Saras Dairy has issued…
MilkLane to supply Rs 400+ crore worth of milk to Milky mist
MilkLane to supply 100KL of high-quality and fully traceable milk per day to Milky Mist under INR 400+ crore contract 95% of payments sent directly to farmers’ bank accounts, ensuring fair pricing, transparency, and financial inclusion MilkLane will employ its 100% Bulk Milk Cooler (BMC) model, First-in-India Stainless Steel can distribution system, and rigorous…
US raises concern at India’s dairy certificate requirement at WTO
The US has expressed concerns to the World Trade Organization that India’s dairy certificate requirements are creating an unfair disadvantage for US dairy products. It urged India to adopt less trade-restrictive measures for the import of milk and milk products while ensuring public health protection. New Delhi: The US has raised concerns that India’s dairy…
India’s import guidelines in line with social norms-GTRI report
Experts have underlined that several of India’s import guidelines are in lines with domestic economic needs and social ethos, even as a new report by the US Trade Representative has flagged concerns around several tariff and non tariff barriers imposed by India. “Many of the proposed changes—in areas like agriculture, digital governance, and public health—pose…
Milking success: How India’s dairy sector is adapting to change
In this episode of the State of the Economy podcast, businessline’s Subramani Ra Mancombu talks to Srideep N Kesavan, CEO of Heritage Foods Ltd. talk about the dairy sector in India, a key industry that is vital to the rural economy but faces several challenges. India is the world’s largest milk producer, generating nearly 240 million…
Well-planned agenda to propagate dairy analogues and veganism
A “well-planned agenda” to propagate analogous dairy products and veganism is being run against the dairy sector, a Government official said on a visit to India’s Milk Capital Anand, on Tuesday. “We face challenges globally. We are also in a phase where the consumer is aware. But at the same time, people are trying to bring…
Haveri milk union cuts milk procurement price by Rs 3.5 per litre
Just when the state government has announced a Rs 4 hike per litre in the price of milk, the Haveri milk union has slashed the procurement price by Rs 3.50 per litre, dealing a blow to dairy farmers. The cut in price is effective from March 28, leading to anguish among farmers. The milk union…