Dairy.com has acquired 100% stake in dairy-tech startup Mr. Milkman
American dairy services provider Dairy.com said it has acquired dairy-tech startup Mr. Milkman, the investment marking the debut of Dairy.com in India. The company has acquired a 100% stake in Mr. Milkman to strengthen its integrated supply chain solution offerings. A source earlier said the deal could be valued at $10-15 million. Dairy.com could be…
Vijaya Dairy back on track and Talasani announces 5 Lakh LPD dairy plant
Telangana State Dairy Development Co-operative Federation Limited has proposed to establish a mega-dairy plant of five lakh litres per day (LLPD) expandable to eight LLPD capacity, Animal Husbandry Minister Talasani Srinivas Yadav said on Tuesday. With the creation of mega dairy plant, it is likely to provide 110 jobs directly and thousands of youth may…
Alternative proteins are now big business and driving growth :FAIRR report
The FAIRR Initiative’s global collaborative investor engagement on sustainable protein is the first to encourage the world’s largest food companies to develop a global, evidence-based approach to diversify protein sources away from an over-reliance on animal proteins. The engagement asks 25 global food companies to diversify their protein sources to drive growth, increase profitability, reduce…
The motivation for food fraud through milk adulteration is economic
Milk and dairy product adulteration came into global concern after breakthrough of melamine contamination in Chinese infant milk products in 2008. However, history of milk adulteration is very old. Swill milk scandal has been reported in 1850 which killed 8000 infants in New York alone. Milk is considered to be the ‘ideal food’ because of…
NDRI develops a sensor kit to check the quality of dairy products
Aiming at determining the quality of packed dairy food at the consumer’s end without opening the packet, scientists of the National Dairy Research Institute (NDRI), have developed a colour-based sensor kit to check the quality of dairy products. As per the scientists, the kit has indicators of different colour, which shows the quality. If the…
Alternative proteins are now big business and driving growth :FAIRR report
The FAIRR Initiative’s global collaborative investor engagement on sustainable protein is the first to encourage the world’s largest food companies to develop a global, evidence-based approach to diversify protein sources away from an over-reliance on animal proteins. The engagement asks 25 global food companies to diversify their protein sources to drive growth, increase profitability, reduce…
Dodla Dairy created multiple competitive advantages in the dairy industry
Dodla Dairy has created multiple competitive advantages in the fast growing dairy industry. Apart from cluster approach in South India, it has developed (i) strong brands; (ii) 100% direct milk procurement network; and (iii) direct distribution model. The company also focusses on products that generate RoCE in excess of cost of capital such as milk…
The motivation for food fraud through milk adulteration is economic
Milk and dairy product adulteration came into global concern after breakthrough of melamine contamination in Chinese infant milk products in 2008. However, history of milk adulteration is very old. Swill milk scandal has been reported in 1850 which killed 8000 infants in New York alone. Milk is considered to be the ‘ideal food’ because of…
State govt will give Rs 100 Crores to KMF if they start a cooperative bank
Suggesting that the Karnataka Milk Federation (KMF) should start its own cooperative sector bank for milk producers, Chief Minister Basavaraj Bommai on Wednesday announced that the State government will provide the initial capital of ₹100 crore if it comes up with a proposal. “You have a revenue model and if you choose to open a…
Y S Jagan Mohan Reddy wants dairies to hike milk procurement price
Chief Minister Y.S. Jagan Mohan Reddy has said that dairy farmers are earning ₹5 to ₹15 more per litre after Amul Dairy has entered the market and wanted dairies across the State to increase the price of milk procured from farmers. During a review meeting on Jagananna Palavelluva scheme and the Fisheries Department, the Chief Minister said…