Milk cooperatives indulged in market distorting tactics
The new controversy in election-bound Karnataka is, surprisingly, around two large and successful dairy cooperatives —Amul (brand owned by Gujarat Cooperative Milk Marketing Federation, GCMMF) and Nandini (brand owned by Karnataka Milk Federation, KMF). The debate seems to have been kick-started by two events: a statement in December 2022 that if Amul and Nandini work…
Amul’s price revision is a battle against soaring costs
Gujarat’s Amul has courted controversy as a ‘challenger’ to Karnataka’s homegrown Nandini, but the dairy giant is struggling due to rising costs, farms shutting down. Shibam Dairy in Gopalpura village in Gujarat’s Anand district. It is owned by a businessman who invested Rs 11 cr five years ago, but is still waiting to see profits…
Amul Vs Nandini: What’s The Hue And Cry About
The 16th edition of the Indian Premier League (IPL 2023) is currently underway engulfing the nation with interesting matches amidst the slugfest. But India is currently glued to another interesting match between dairy players Amul and Nandini, that has emerged with a massive political outrage with Amul’s entry into the Bengaluru market. Amul Vs Nandini,…
Currently No Plans to increase milk prices : Jayen Mehta MD Amul
GCMMF, which sells dairy products under the Amul brand, expects a 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said. The Gujarat Co-operative Milk Marketing Federation Limited (GCMMF) has registered a turnover of Rs 55,055 crore in 2022-23, an increase of 18.5…
Bengaluru Hoteliers To Use Local ‘Nandini’ Dairy Products Only
The dairy giant Amul eyes entering Karnataka’s Bengaluru to sell milk and curd but the hoteliers group there has said that it will only use ‘Nandini’ products to support the state farmers. The Dairy giant Amul gets a hostile welcome in Karnataka’s Bengaluru where it plans to sell milk and curd as the Bruhat Bengaluru…
Amul’s plan to enter Bengaluru market ruffles feathers
The milk industry behemoth Amul’s announcement of their plan to enter the Bengaluru market to supply milk and curd through online portals has ruffled the feathers of Kannadigas on social media, where users used #gobackAMUL hashtag on Thursday (April 6). The announcement by Amul on Wednesday (April 5) was being seen as another attempt to…
Amul has been consistently growing at 15-18% in last decade
“The kind of outlook that we have for adding more products in our portfolio, working on developing the organic products business and a lot of other opportunities in expanding the cooperative network across the country, all this will help in maintaining, in fact, expediting the growth rate in the times to come,” says Jayen Mehta,…
R S Sodhi to ‘advise’ Reliance to scale heights in retail business
After retiring from ‘Amul’, country’s largest dairy brand, its former Managing Director R S Sodhi will now advise Mukesh Ambani-led Reliance Group on developing its consumer business that has a focus on fresh products, including vegetables and fruits under the group’s subsidiary Reliance Consumer Products Limited (RCPL). Reliance Group did not respond to the queries…
Amul group’s turnover crosses Rs 72,000 crore in 2022-23
The group turnover of Gujarat Co-operative Milk Marketing Federation Ltd — the umbrella body of milk cooperatives that markets Amul brand of milk and dairy products — crossed Rs 72,000 crore for the year 2022-23. On a day when GCMMF hiked the prices of milk across the state, the body in a statement said the demand for…
Amul marketer launches fixed-price edible oil pack to beat inflation
In a disruption to the edible oil retailing, cooperative major Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) has launched a fixed-price retail pack of refined cottonseed oil for ₹100. The Amul marketer GCMMF sells six variants of edible oils under the brand ‘Janmay’. never-tried-before This new initiative, according to the dairy major, will make the edible oil…