Hatsun Targets ₹10,000 Cr Revenue Expansion
Hatsun Agro Product Ltd is aiming to scale up its business to achieve ₹10,000 crore in revenue, driven by expansion in milk and value-added dairy segments, according to Chairman R. G. Chandramogan. The company, which had reported revenue of around ₹8,700 crore in the previous fiscal, is targeting strong growth backed by rising consumer demand…
UP Dairy Exports Rise Over 10% to ₹489 Cr
Uttar Pradesh has recorded a strong growth in exports of dairy and animal husbandry products, with figures rising by 10.16% between April 2024 and November 2025 compared to the same period a year earlier. According to official data, export earnings increased from ₹444.10 crore (April 2023–November 2024) to ₹489.24 crore (April 2024–November 2025), marking a…
Baby Formula Recall in Singapore Over Toxin Risk
Several batches of infant and toddler milk formula, including products from Nestlé, have been recalled in Singapore after authorities detected the presence of cereulide toxin, a bacterial toxin that can cause nausea and vomiting in children. According to the Singapore Food Agency, two additional batches were recently recalled, taking the total number of affected batches…
Himachal Signs NDDB Pact to Boost Dairy Sector
The National Dairy Development Board (NDDB) has signed a Memorandum of Understanding (MoU) with the Himachal Pradesh government to strengthen the state’s dairy sector, with a focus on enhancing milk processing capacity, modernising infrastructure and generating rural employment. The agreement, signed in Shimla on March 16, 2026, builds on an earlier 2023 understanding for the…
Iran Emerges as Major Global Milk Export Power
Iran is rapidly emerging as a significant force in the global dairy trade, with the country now ranked as the world’s fourth-largest milk exporter, behind the European Union, New Zealand and the United States, even surpassing Australia. In 2025, Iran is estimated to have exported 182,000 tonnes of milk powder, marking a sharp rise of…
Global Dairy Commodity Prices Show Signs of Rally
Global dairy commodity prices have shown a rally in the first quarter of 2026, particularly for products originating from Australia and New Zealand, according to a new Q1 Global Dairy Quarterly report by Rabobank. The report notes that overall dairy prices have begun to recover in recent months, supported by strong consecutive increases at Global…
Dairy Sector a ‘Safety Net’ for Farmers: NABARD
The Chairman of National Bank for Agriculture and Rural Development, Shaji K V, has highlighted the crucial role of India’s dairy industry in protecting rural livelihoods, describing it as a “safety net for farmers” during periods of crop failure or income instability. Speaking at an agri-business event, he said the dairy sector provides regular cash…
How Walmart Keeps Great Value Milk So Affordable
Retail giant Walmart has managed to keep the price of its private-label Great Value milk significantly lower than many competing brands through a vertically integrated dairy supply chain and direct control over processing. The company began opening its own milk processing facilities in 2018, allowing it to cut out intermediaries and streamline production, logistics, and…
Hatsun Agro Shares Rise After Milk Mantra Merger
The shares of Hatsun Agro Product Limited gained investor attention after the National Company Law Tribunal (NCLT), Cuttack Bench, approved the merger of its wholly owned subsidiary Milk Mantra Dairy Private Limited with the parent company. The tribunal passed the order on March 10, 2026, approving the scheme of amalgamation aimed at consolidating the group’s…
Gujarat Ice Cream Makers Face Cone Shortage
Ice cream manufacturers in Gujarat are bracing for a potential shortage of cones ahead of the peak summer season due to disruptions in natural gas supply triggered by geopolitical tensions in West Asia. Cones, packaging materials, ice cream cakes and roasted dry fruits depend heavily on gas during production, and the reduced supply has already…