Consumers deplore hike in price of milk in Manapparai
A cooperative milk society in Manapparai, attached to Tiruchi Aavin, has increased the price of milk by ₹5 per litre to its regulars in the town. According to sources, the R. 985 Manapparai Milk Producers Cooperative Society procures about 22,000 litres per day from 65 centres in and around Manapparai. Of this, it supplies about…
No milk payment, Jind co-op society operators on strike
Operators of co-operative societies on Thursday went on an indefinite strike seeking release of payment of milk supplied to a milk plant, sitting on a dharna outside the main gate of Vita plant here. Nearly 2.5 lakh litre of milk is supplied to the plant from villages of Jind, Hisar and Fatehabad on a daily basis, according to officials. Cooperative societies chairman…
Dodla Dairy Limited Just Missed EPS By 15%: What next ?
Dodla Dairy Limited (NSE:DODLA) just released its latest third-quarter report and things are not looking great. Dodla Dairy missed earnings this time around, with ₹7.5b revenue coming in 3.1% below what the analysts had modelled. Statutory earnings per share (EPS) of ₹6.88 also fell short of expectations by 15%. Earnings are an important time for investors,…
Farmers in Coimbatore seek release of electricity connections to all
Coimbatore-based Farmers Association has appealed to Tamil Nadu Generation and Distribution Corporation (Tangedco) to release agri service connections to all applicants without further delay. P. Kandasamy, secretary of the Association, said in a press release that farmers applied for agri electricity connection under different categories – tatkal, normal and self finance scheme. Though the Tamil…
Dairy Tech Startup Stellapps In Talks To Raise $20 Mn To Fuel Expansion
Bengaluru-based dairy tech startup Stellapps is in advanced discussions to raise around $20 Mn in its Series C funding round, Inc42 has learnt. Almost 70% of the funding will be raised from existing investors, including Celesta Capital, Omnivore, Gates Foundation, IDH Farmfit Fund, Blume Ventures, and Qualcomm Ventures. Confirming the development, Stellapps cofounder and CEO…
Whats for dairying in Budget 24-25 by Finance minister
In today’s budget the Finance minister reiterated their commitment towards the farmers and particularly women farmer. Lakhpati didi is the new name given for empowering weomen farmers through SHGs. For dairy sector there was a mention in the FM’s speech as below: Key highlights for the dairy sector in today’s interim budget are as follows…
My smiles are as fake as your promises-Lakhpati Didi
Today, on February 1, 2024, our country’s budget has been announced. Given that 2024 is an election year, an interim budget has been presented, subject to review by the elected government in the latter half of the year. Recently, I came across news indicating that by December 2023, India might have only utilized 45% of…
Centre will help to start Udgir milk scheme project in Maharashtra
The Centre will extend all possible help to restart the Udgir Milk Scheme Project in collaboration with the Maharashtra government, Union minister Parshottam Rupala said on Monday. He said the National Dairy Development Board (NDDB) has been instructed to submit a report regarding the relaunch of this project in Latur district. “Accordingly, a team of…
Dodla Dairy eyes 25% sales volume growth on VADPs
Hyderabad-based Dodla Dairy, a company specialising in processing and distributing milk and dairy products, is targeting a 25% increase in sales volume to average 20 lakh litre per day from around 16 lakh litre currently. https://youtu.be/V5wdZkOtG_g In an interview with CNBC-TV18, Sunil Reddy Dodla, Managing Director said Dodla Dairy wants to go into growth mode…
Good quality fodder crucial for dairy sector: PAU experts
The Directorate of Extension Education, Guru Angad Dev Veterinary and Animal Sciences University (GADVASU), organised a training on ‘Quality Fodder Production, Processing and Marketing’ for officials of the dairy development department. Dairy Development Department Joint Director Kashmir Singh said quality fodder was the foundation for the growth of the sector in the state. He said…