Dairy sector in Kerala is exemplary: K.N. Balagopal
The functioning of dairy sector in Kerala is exemplary, Finance Minister K.N. Balagopal has said. Inaugurating the headquarters of the Vendar dairy cooperative, he added on Sunday that the government had been implementing many programmes for the welfare of dairy farmers. “Through the newly launched mobile veterinary units in the State, services can be provided…
Bain Capital in talks to buy controlling stake in Vadilal: Report
Private equity firm Bain Capital is reportedly in talks to buyout home-grown ice-cream maker Vadilal. Bain Capital is eyeing a controlling stake in the combined entity of Vadilal Industries, Vadilal Enterprises and Vadilal brand. According to a report in Moneycontrol, Arpwood Capital has been in talks to buy a stake in Vadilal and had given…
Ramp up production of Nandini ghee, says Minister
Minister for Cooperation K.N. Rajanna has urged dairy farmers and Karnataka Milk Federation (KMF) to ramp up production of ghee as there is demand for it in Tirupati. The Minister, who reviewed the functioning of the cooperative banks and cooperative societies and institutions in the city on Saturday, said Nandini brand ghee, produced and marketed…
Milk procurement price to increase by Rs 5/lit in Karnataka
The state government is contemplating increasing the procurement price for milk by Rs 5 per litre, said cooperation minister KN Rajanna on Saturday. At a review meeting of Mysuru region, the minister said that the farmers were facing issues due to high production costs. In an effort to bring down the cost and the competition…
How quick commerce is revolutionising India’s dairy cooperatives
It is a matter of great pride for the quick commerce sector that it is providing meaningful support to the dairy sector, which brings more than two crore farmers from more than two lakh Indian villages into its fold, in its journey of manufacture and distribution The fast-emerging “quick commerce” sector has the potential to…
Amul caught in a fresh row over new AP dairy project
Co-operative giant Amul is trapped in a fresh controversy. This time trouble is brewing around its new dairy project in Andhra Pradesh. The dairy major, owned by Gujarat Milk Marketing Federation, is investing ₹385 crore to revive the Chittoor Co-operative Dairy. While it is geographically a strategic investment for Amul as it is close to…
Amul to add 80 lakh litres of milk processing capacity
Gujarat Cooperative Milk Marketing Federation, which sells milk products under the Amul brand, will invest Rs 4,000-5,000 crore over the next two to three years, largely into milk processing plants across the country. “We would be adding about 15-16 new plants, as we plan to go closer to the consumers,” said Jayen Mehta, managing director…
From deficit to surplus India’s spectacular milk production journey
In India, milk is more than just a drink, a staple that never goes out of style. Consumed hot and cold and in all seasons. The country’s favourite refreshment and source of nourishment, milk is a dietary delight for Indians across the country. From individuals producing their own milk to mega dairy cooperative brands catering…
CM to lay stone for Amul Dairy unit in Chittoor on July 4
Chief Minister Y.S. Jagan Mohan Reddy is scheduled to lay the foundation stone for an Amul Dairy unit here on July 4 (Tuesday). The Gujarat-based cooperative dairy, which took over the defunct Chittoor-based Vijaya Dairy through a 99-year lease, will be investing ₹385 crore, which includes setting up an ice cream plant with ₹150 crore,…
Devoting 14-17 % of land for fodder cultivation will be ideal
Currently, India is staring at a fodder crisis with a daunting challenge of producing adequate feed and fodder for its livestock from an already shrinking land resource. In addition, erratic fodder supply during summer/ drought creates a gap in the supply chain. The recent estimated deficit in green fodder is 11.24 per cent, and the…