CHAMUL beats pandemic impact, exports milk to Nepal, Bhutan
The Chamarajanagar Dist.Co-op.Milk Producers’Societies’ Union Limited (CHAMUL) has recorded 1.5 crore profit for the year ending 2020-21. The CHAMUL operating in one of the backward districts of the state since just last six years has achieved amid Covid distress. Speaking to The Hans India on Monday CHAMUL President H S Nanjunda Prasad told that Covid…
Exports of Indian dairy products top $500-million mark, hit eight-year high
Indian dairy exports are estimated at an eight-year high in FY22 on strong demand, helped by higher global prices. Provisional data for the first eleven months, from April 2021 to February 2022, indicates that shipments have touched 1.70 lakh tons valued at more than 552 million dollars, a growth of 93% in value and 63%…
I skate to where the puck is going to be, not where it has been.
Is Indian dairy exports dependent on subsidy or global market prices ? This week the global dairy prices have touched a new high in almost a decade. The GDT ( Global Dairy Trade) Index at 1516 today is slightly short of last high of 1573 in April 2013. India is seeing a great shortage of…
Dairy exports from India may grow significantly in the next decade
India may see dairy exports growing significantly in the next decade. A latest research report by an independent consulting player Wazir Advisors stated that India is uniquely positioned to capitalise on the emerging opportunities in dairy products in the international markets. Large international markets such as the US, Canada, and New Zealand are witnessing a…
Unified quality logo for dairy sector will open up International markets
For India’s dairy sector, December 23, 2021, was a landmark day. On this day the Bureau of Indian Standards (BIS) with the help of National Dairy Development Board (NDDB) issued a unified system for quality and safety of milk and dairy products across the country. The integrated logo of Kamdhenu Cow – a seal of…
India seeks duty free market access for dairy, spices, cheese from UAE
India has urged for duty-free market access from the UAE for spices, cheese, eggs and textiles as a part of the free trade pact it is working out with the grouping. India is keen to get duty-free access for its fresh and frozen bovine meat, dairy, spices, organic chemicals, and paper goods. Photo courtesy: Dubai Airport Due…
Aavin signed agreement with 6 firms to export dairy products
Milk producers’ federation expects to earn ₹6 crore a year Chief Minister M.K. Stalin on Saturday handed over copies of agreements for sale of Aavin products in overseas markets and other States to vendors with whom the contracts were signed. Under the agreements signed with six firms, milk and milk-based products manufactured by the Tamil…
Indian dairy industry is not competitive in exports of milk as a commodity
Recently, the Federation of Indian Chambers of Commerce and Industry (FICCI) hosted the 13th edition of the Foodworld India Global Convention for Food Business and Industry. On day two, during the session ‘Untapped Export Potential: Key for Sustained Growth of India’s Processed Food Industry’, RS Sodhi, the managing director, GCMMF (Amul) mentioned that India is…
Buffalo Mozzarella cheese,desi ghee,etc cleared under PLI by the Govt
The Cabinet on Wednesday approved a production-linked incentive scheme for the food processing sector with an outlay of ₹10,900 crore, in a bid to create global manufacturing champions in the country. The scheme will be implemented over a six year period from 2021-22 to 2026-27. This scheme aims to incentivize manufacturing of ready-to-cook and ready-to-eat…
Good Export potential for dairy products from India
A latest surge within the prices of dairy merchandise within the worldwide market has brightened export prospects for India particularly for skimmed milk powder (SMP), fats and butter. The prices have surged to a year-high ranges on the Global Dairy Trade (GDT) auctions – primarily pushed by the consumption push put up Covid-19 unlock measures…