India is a significant market for SIG aseptic packaging
India is the largest milk producer in the world; it accounts for nearly 22-25% of the world’s production, according to the Food and Agriculture Organisation (FAO). According to a report by Fortune Business Insights, the country’s dairy market size was valued at $115.57 billion in 2022. This number is expected to reach $227.53 billion by…
Excessive October Rain triggers distress in dairy sector
Excessive rain this month may have caused significant damage to standing crops across Karnataka, but it has presented the dairy sector with distress of a different type — overproduction of milk. It has left both producers and milk unions in a difficult situation. The glut began with the early onset of the monsoon in June, resulting in a sharp…
6.5 crore dairy farm households to be brought under cooperative sector
Union minister Amit Shah said on Tuesday that 6.5 crore rural families involved in milk production are outside the ambit of the cooperative sector and face exploitation as they are not getting a fair price. Shah said that only 1.5 crore out of 8 crore rural families involved in dairy farming are part of the cooperative sector and asked the National Dairy Development Board (nddb.coop)…
Softy ice cream mix not dairy produce attracts 18% GST
Softy ice cream mix in vanilla flavour is not a dairy product and will attract 18 per cent GST, Rajasthan bench of Authority of Advance Ruling has said. VRB Consumer Products Pvt Ltd had approached the AAR on the taxability of vanilla mix in powder form which will have 61.2 per cent sugar, 34 per…
Stellapps secures USD 26 million in Series C
Stellapps Technologies, India’s pioneering dairytech company, has announced its Series C funding round of $26 million in equity & debt to accelerate its mooMark business. mooMark is focused on contract manufacturing and private labeled dairy business of high-quality value-added dairy products, that are both sustainable and traceable. While Stellapps started as a Dairy IoT solutions,…
Dairy dilemma: Surplus milk, scarce profits
Nine years have passed since Rakesh T N (28) chose dairy farming over factory work. The ITI-trained technician from Thovinakere, Tumakuru district, became conversant with dairy farming in 2015 when he worked as a caretaker at a cow shelter set up by the government as a drought relief measure. Rakesh believed that his income from…
Dodla Dairy Acquired Land in Maharashtra for Expansion
Dodla Dairy Ltd (BSE – 543306, NSE – DODLA, ISIN: INE021001019), one of India’s leading integrated dairy companies, has announced that it has completed the acquisition of a land parcel admeasuring 35.23 acres at Itkal Village, Dharashiv District, Maharashtra. The company has a strong procurement setup in the state and this land acquisition is a step…
Sundarini milk cooperative won award at IDF Paris
Sundarini, a Sundarbans-based milk cooperative and livestock producer, has won international laurels along with the National Dairy Development Board at the third International Dairy Federation at Paris on Friday. The Dairy Innovation Awards 2024 was awarded for sustainable farming practices.Bengal CM Mamata Banerjee congratulated members of the Sundarini cooperative. She posted on X: “I am delighted to share another triumphant tale…
House committee to probe irregularities in Visakha dairy
Andhra Pradesh State Assembly on Wednesday decided to constitute a House committee to look into the corruption and irregularities in Visakha dairy. A.P. Assembly witnessed a heated discussion over the alleged Visakha Dairy scam, during the question hour on Wednesday. The Telugu Desam Party (TDP) legislators Palla Srinivasa Rao and Velagapudi Ramakrishna Babu, reeling out statistics,…
Challenges of Traceability in the Dairy Industry
Introduction In today’s rapidly evolving global food market, ensuring the safety, quality, and integrity of dairy products has become paramount. With consumers demanding greater transparency and accountability from food producers, traceability has emerged as a critical factor in building trust and confidence in the dairy supply chain. Traceability is defined as the ability to track…