The Dutch dairy industry: Country profile on dairy sector
Here we offer an overview of the Dutch dairy industry, look at trade and consumption, and zoom in on the sector’s focus on sustainability. Since April 2019, the Netherlands is home to 1.58 million dairy cows and calves with a yearly production of 14 billion kg of milk. Due to phosphate legislation, the sector has…
MOU between NDDB and EESL for energy efficient solutions to dairy
National Dairy Development Board on Thursday said it has signed an agreement with Energy Efficiency Services Ltd (EESL) to promote efficient renewable technologies in the dairy industry. The memorandum of understanding (MoU) was signed on May 5 at Ananda, Gujarat by NDDB Executive Director Meenesh Shah and EESL Director (Projects) Venkatesh Dwivedi in the presence…
Andhra Pradesh: ACB unearths irregularities in Sangam Dairy
The Anti Corruption Bureau ( ACB) has found irregularities in bonus payment to milk producers and diversion of funds to unauthorized accounts in Sangam Dairy. Sources said ACB has seized documents to establish how senior TDP leader Dhulipalla Narendra Kumar became chairman of the dairy board without the eligibility to become the board director. As per…
IFC to acquire 6.41% stake in Parag Milk Foods; Stock zooming up
Parag Milk Foods has executed a Subscription and Policy Right Agreement with International Finance Corporation (IFC). Under the agreement, Parag Milk will issue and allot 6756,756 fully paid Equity Shares to IFC. The subscription price would be Rs111 per equity share. Also read : IFC to fund Parag’s milk working cap and expansion plans With that,…
District level closed dairy plants in AP to be leased out to Amul
The Gujarat-based milk products major, Amul, would soon take over all the milk dairies in the cooperative sector in the state. However, in the first phase, Amul wold get the dairies that were closed during the previous governments. The Amul would revive all these dairies and start milk procurement to benefit the farmers, particularly the women,…
MoFPI issues guidelines for ‘PLI Scheme for the Food Processing Industry’
The Ministry of Food Processing Industries (MoFPI) has issued detailed operational scheme guidelines and has launched an online portal for‘Production Linked Incentive Scheme for Food Processing Industry’(PLISFPI). The detailed guidelines of the scheme are available at Ministry’s website www.mofpi.nic.in. Union Minister for Food Processing Industries Shri Narendra Singh Tomar launched and online portal for the beneficiaries….
Gujarat dairies asked to set up oxygen plants after Banas dairy’s initiative
After Banas Dairy’s successful execution of oxygen plant for Covid-19 patients at its medical college in Palanpur, the Gujarat government has now directed all dairy unions in the State to come forward and setup oxygen facilities in their respective districts. In a circular issued on Wednesday, Gujarat’s Registrar of Cooperatives has directed all the district…
Milk sales dropped from 95 lakh to 50 lakh lpd due to covid second wave
The government needs to intervene help dairies with export incentives to bring stability to the market, he said. Lockdown-like restrictions across Maharashtra due to the second wave of Covid-19 has impacted demand for milk and milk products hitting sales by at least 40-60%. With supply exceeding demand, dairies have reduced their procurement prices by Rs…
DAIRY NEWS KMF milk sales down by 27% as time frame for milk sale shrinks
One of the largest milk farmers’ bodies in the country, the Karnataka Milk Federation (KMF) is facing a herculean task of sustaining during the curfew. A very short window of four hours between 6 a.m. and 10 a.m. for milk business to operate daily has brought down sales by over 27%. KMF has seen an…
Cadbury and Oreo brand see a Covid disruption in western India
Confectionary major Mondelez on Wednesday said it expected some pockets of disruption in India, amongst its key markets, because of the surge in Covid-19 cases over the past one-and-a-half months. The firm, which follows a January-December accounting calendar, is best known for chocolate brand Cadbury and biscuit label Oreo in India. Addressing investors during a…