National Programme for Dairy Development report -July 2023
Department of Animal Husbandry & Dairying (DAHD) is implementing National Programme for Dairy Development (NPDD) scheme across the country since Feb-2014. The scheme has been restructured/ realigned in July 2021 for implementation from 2021-22 to 2025-26 with the following two components and their respective objectives: (i) The Component ”A” of NPDD focuses on creating/strengthening of infrastructure for quality…
Flush season ahead for these three dairy stocks say analysts
Source: IANS Dairy demand is seeing an uptick as procurement prices are coming down, leading to margin expansion, say analysts. As spending power increases, demand for other value added products like ice creams, paneer, cheese and whey are growing. Arihant Capital says that there is huge upside in stocks like Parag Milk Foods, Dodla Dairy…
A 30 liter tank for making lab made milk cost Rs 1.5 crores
Milk Made By Sugar, Water, And Bacteria: Milk and milk products have come a long way in the last few years. Despite this, these products made from plants cannot exactly match dairy. According to a report by the Good Food Institute (GFI), plant-based milk beverages made from ingredients such as soybeans, almonds, and oats make up…
Soaring cattle feed prices to drive milk prices higher
Retail milk prices that have shot up nearly 22% in three years, including about 10% in the last one year, are expected to increase further in the coming three-four months as feed and fodder prices are on the rise amid the monsoon deluge. The prices of de-oiled rice bran (DORB), a key ingredient in cattle,…
ID FRESH EYES US RELAUNCH AND POSSIBLE M&A IN USA
Bengaluru-based ready-to-cook brand ID Fresh Food is looking at strategic acquisitions in the US as it plans on re-entering the market with improved product and packaging. The company, most known for its ready-to-cook batters, is also on the lookout for a country head for the US to oversee its expansion plans in these markets. “We…
Dodla Dairy Q1: Net profit rises 40.32% to Rs 34.97 crore, revenue up 14.84%
Dodla Dairy reported a consolidated net profit of Rs 34.97 crore for the quarter ended June, up 40.32 percent from Rs 24.92 crore in the year- ago period. On July 21, the company reported a 14.84 percent YoY (year-on-year) rise in consolidated revenue from operations at Rs 823.42 crore against Rs 716.99 crore a year ago….
Nandini milk price expected to go up by ₹3 a litre from August 1
The consumer price of Nandini brand milk being sold by the Karnataka Milk Federation (KMF) is set to go up by ₹ 3 a litre from August 1, as the government has given its consent for the rise at a meeting on Friday, according to KMF president Bheema Naik. A formal notification regarding the increase in…
NDDB, GCMMF organise Jan Bhagidari event on women
NDDB and GCMMF, and W20 organised a one-day event on Jan Bhagidari – Women-led Sustainable Development through Dairy Cooperatives under W20, an official engagement group of G20 at NDDB, Anand on 20 July 2023. On the occasion, Jagdish Vishwakarma, Minister of State for Cooperation, Government of Gujarat said that women should take the lead in…
Why Is Single Origin Milk A Hit With The Masses? Find Out
Milk sourced from a specific region or farm, offering distinct qualities and flavours is called Single Origin Milk. It is the current rage among weight watchers, fitness freaks and people who just want to live healthily, that includes almost half of the world’s population. For the uninitiated, its benefits to consumers include traceability, knowing the…
First-ever credit guarantee scheme for livestock sector launched
The government has launched the first-ever “Credit Guarantee Scheme” for the Livestock Sector for rebooting the rural economy by leveraging Micro, Small & Medium Enterprises (MSMEs). For operationalising the scheme, the Department of Animal Husbandry & Dairying (DAHD) has established a Credit Guarantee Fund Trust of Rs 750 crore, which will provide credit guarantee coverage…