Goa Dairy hikes rates of milk & milk products
Goa Dairy has hiked its milk Prices by Rs 3 to Rs 4 per liter for various variants from Saturday, however consumers said the hike is exorbitant and demanded to reduce prices. Goa Dairy Chairman was unavailable for his comment despite repeated calls. The standardised milk rates has been hiked from Rs 54 to Rs…
The good cooperative
Companies are investor-owned entities that exist primarily to maximize their return on capital. This is reflected in the value of their shares, whether traded on an exchange or not. The investor-owner ultimately seeks capital appreciation and the highest possible price for the shares he wishes to sell or pledge to raise further funds. Cooperatives, on…
Reports Related To Milk Adulteration False: Government
The Centre on Thursday termed “false” a media report that the WHO has issued an advisory to the government stating if adulteration of milk and milk products is not checked immediately, 87 per cent of citizen would be suffering from serious disease like cancer by 2025. In an official statement, the Fisheries, Animal Husbandry &…
Hatsun Agro sees dip in Q3 profit as input costs rise
India’s Hatsun Agro Product Ltd HAPL.NS, which sells Arun ice cream and Arokya milk, reported a 2.9% fall in quarterly profit on Thursday, hurt mainly by a surge in prices for animal feed and milk procurement. The Chennai-based company said net profit dropped to 464.4 million rupees ($5.71 million) in the quarter ended Dec. 31, from 478.4…
Four private dairies increase milk price by Rs 2-Rs 4 a litre
Citing increasing input costs, four private dairies selling milk under brand names Thirumala, Jersey, Vallabha and Heritage have increased their prices by Rs 2 to Rs 4 per litre. The hike came into effect between Wednesday and Friday. As per the new price, the cost of per litre of full cream milk of private brands…
Dairy farmers demand hike in milk procurement price in UDUPI district
Udupi District Dairy Farmers’ Union will stage a demonstration in front of the new milk dairy of Dakshina Kannada Co-operative Milk Producers Union Ltd (DKMUL) at Uppoor in Udupi district on Saturday, January 21, to urge the government to increase the procurement price of milk. Addressing press persons in Udupi on Thursday, a former Director…
Jayshri Gayatri Food Products sets up a new dairy plant in UP
JGF is a leading B2B manufacturer and supplier of dairy products in the Indian domestic market and exports to over 20 countries globally JGF Milk Magic is a domestic B2C brand offering a wide range of dairy products Jayshri Gayatri Food Products have expanded its manufacturing capacity by setting up a new manufacturing plant in…
LOTTE Confectionary to invest INR 450 crores in Havmor Ice Cream
Havmor Ice Cream, one of India’s the most loved and trusted Ice Cream brand and a subsidiary of the South Korean company LOTTE Confectionary , has committed to invest INR450 crores over 5 years. This investment comes four years after LOTTE Confectionery acquired Havmor Ice Cream for INR1000 crores in December 2017. Havmor Ice Cream…
Milk output in Karnataka drops by a million litres a day since July 2022
The Karnataka Milk Federation (KMF) has seen a slump in milk procurement by nine to 10 lakh litres a day since July 2022. Highly placed sources informed DH that on an average, the dairy cooperative has now been procuring 75.6 lakh litres of milk a day from over 26 lakh milk producers in the state….
After Nano Urea, Nishikant aims reviving dairy co-ops in Jharkhand
Jharkhand State Co-operative Milk Producers Federation, which sells its products under the brand name of Medha Dairy, will open 33 new milk booths in different districts of the state. All these booths will be opened from the Godda Lok Sabha MP fund. Member of Parliament from Godda constituency of Jharkhand Nishikant Dubey announced it through…