Milk procurement prices likely to remain stable/ lower in near term

ICICI Securities Report Key observations for milk prices based on our discussions with dairy companies and channel checks are: Wholesale milk prices have risen YoY in August 2023; there is a steady deceleration in milk price inflation in south India; inflation has declined from 12.8% in December 2022 to 9.6% in Aug-23 (but inflated on…
Sattvik Certification goes global, launches vegetarian, vegan food code in Singapore

Sattvik Certification has launched ‘Buddhist Codex’ in Singapore, in its first venture outside the country, to certify vegetarian and vegan food, the firm said. The firm is working on similar codes which will be launched in the United States and Canada by end of this year, the New Delhi-based firm said. Sattvik Certification founder Abhishek…
Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil

The board of the Future Group FMCG arm in a meeting held on Tuesday, approved the sale of NDFPL business to AVA Cholayil Healthcare. Debt-ridden Future Consumer Ltd on Tuesday announced the sale of its dairy business Nilgiri Dairy Farm to AVA Cholayil Healthcare for a total consideration of Rs 67 crore. As per the…
Stellapps amongst 6 Indian Cos to feature on Forbes Asia’s ‘100

Forbes Asia today unveiled its third annual 100 to Watch list, which highlights rapidly growing small companies and startups making waves across the Asia-Pacific region. The companies on the list include those that are either targeting untapped markets or harnessing state-of-the-art technologies. Singapore leads the pack with 20 of its companies on the list. This…
Can’t supply Nandini ghee to Tirupati and incur loss, KMF chairman

Karnataka Milk Federation chairman Bheema Naik said there is no question of supplying Nandini ghee for making Tirupati laddus and incurring loss. “It (KMF) is a farmers’ federation. Is it possible to supply ghee to Tirupati incurring a loss? There is immense demand for Nandini ghee in the market. Consumers are purchasing a litre of…
Mukhyamantri Swadeshi Gau Samvardhan Yojana launched in UP

LUCKNOW The Uttar Pradesh government has introduced the Mukhyamantri Swadeshi Gau Samvardhan Yojana, a part of the Nand Baba Milk Mission, with the aim of augmenting the income of cow herders, fostering self-reliance among them, and promoting the conservation of indigenous cow breeds, as announced by a government spokesperson on Saturday. The government released a directive…
Can’t supply Nandini ghee to Tirupati and incur loss, KMF chairman

Karnataka Milk Federation chairman Bheema Naik said there is no question of supplying Nandini ghee for making Tirupati laddus and incurring loss. “It (KMF) is a farmers’ federation. Is it possible to supply ghee to Tirupati incurring a loss? There is immense demand for Nandini ghee in the market. Consumers are purchasing a litre of…
Dairy Fact sheet of West Bengal -Dairy dev in W. Bengal Series-II

This video series is a part of my deliberation at Kolkata on world milk day. Indian Dairy Association East Region organised a seminar on “Nutritional Building through Dairying “. https://youtu.be/VHrE5cEPseE I chaired the panel discussion so as to co create a road map for dairy development in West Bengal. In this video I shared the…
How can ‘One Health’ help India, and India help ‘One Health’?

The concept of ‘One Health’ is currently gaining popularity worldwide; India has of late been taking significant strides to deploy concepts and strategies rooted in this idea to bolster the way it responds to health crises. However, One Health is not a new concept. One Health is a holistic approach to problems that recognises the…
What drove Indian Dairying -Dairy dev in West Bengal Series Part-I

his video series is a part of my deliberation at Kolkata on world milk day. Indian Dairy Association East Region organised a seminar on “Nutritional Building through Dairying “. https://youtu.be/Uduf1DmIQe0 I chaired the panel discussion so as to co create a road map for dairy development in West Bengal. In this video I talk about…