India-Aus CECA and the dairy saga: The dairy farmers needs protection
The India visit of the Australian trade minister in February 2022 has expedited the early harvest trade deal between both countries. An interim agreement which is expected in about a month’s time would be a major leap towards the signing of a Comprehensive Economic Cooperation Agreement (CECA) between India and Australia later this year. In…
French food group Danone unveils new targets under strategic plan
French food group Danone pledged to step up investments behind its brands and actively rotate its asset portfolio, as it seeks to boost revenue in a new strategy plan led by new boss Antoine de Saint-Affrique. Saint-Affrique, who took over as chief executive of the world’s largest yogurt maker in September, said in a statement…
Russia-Ukraine war in world’s ‘breadbasket’ threatens food supply
The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region known as the breadbasket of the world. Ukrainian farmers have been forced to neglect their fields as millions flee, fight or…
Russia-Ukraine war in world’s ‘breadbasket’ threatens food supply
The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region known as the breadbasket of the world. Ukrainian farmers have been forced to neglect their fields as millions flee, fight or…
DAIRY NEWS Dairy farmers urge Tamil Nadu govt to hike Aavin milk price
The Tamil Nadu Milk Producers Welfare Association (TNMPWA) urged the State government to increase the price of Aavin milk and procurement price pointing out that private firms increased them. M G Rajendran, general secretary of TNMPWA, said, “Aavin procures 31 lakh litres of milk daily and sells 28.5 lakh litres. Private milk firms increased the…
Amul expects an 18 % growth in its sales in FY22 to around Rs 46,000 Crs
India’s leading dairy cooperative GCMMF, which markets dairy products under the Amul brand, is expecting an 18 per cent growth in its turnover this fiscal year to around Rs 46,000 crore on better demand, its Managing Director R S Sodhi said. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) had posted a marginal growth of 2 per cent…
The value of sustainable value chain in dairy industry : Dr K Rathnam
The need for dairy products in India has been on the rise in the last decade. This association has implied that more people use dairy and its byproducts to fulfill their day-to-day needs. Dr K Rathnam, the CEO of Milky Mist, shares his thoughts on the strategies that must be utilised to create a sustaining…
There is a huge opportunity in Icecream selling : Komal Anand MD Havmor
As the ice cream sector navigated a challenging terrain over the past couple of years, Lotte Confectionery’s Havmor Ice Cream focussed on e-commerce and innovation to stay afloat. Komal Anand talks to Christina Moniz about the brand’s efforts to achieve the `1,000 crore revenue target, supply chain and delivery challenges in the home delivery of…
Better Dairy to disrupt hard aged cheese sector with animal-free offering
UK-based food-tech firm Better Dairy has secured US$22 million in Series A funding, edging it closer to getting its aged and hard cheeses into the testing phase. Better Dairy – which is in the R&D phase of developing animal-free cheeses using precision fermentation – produces products that are molecularly identical to traditional dairy. The company…
Better Dairy to disrupt hard aged cheese sector with animal-free offering
UK-based food-tech firm Better Dairy has secured US$22 million in Series A funding, edging it closer to getting its aged and hard cheeses into the testing phase. Better Dairy – which is in the R&D phase of developing animal-free cheeses using precision fermentation – produces products that are molecularly identical to traditional dairy. The company…