Govt must consider importing wheat and milk fat to check inflation
Wheat and atta prices are on fire, retailing at an average of Rs 30 and Rs 35 per kg respectively, as against Rs 20 and Rs 25 a year ago. As a mitigatory measure, the Narendra Modi government has approved offloading three million tonnes (mt) of the cereal from the Food Corporation of India’s (FCI)…
DAIRY NEWS Ahead of GIS-2023, U.P. dairy sector exceeds investment target
Uttar Pradesh, which already stands on top in milk production in the country, has exceeded the investment target in the dairy sector by 200% ahead of the proposed Global Investors’ Summit (GIS) even as a Dutch company has expressed its interest to set up a dairy plant in the state, a government official said here…
Suzuki to use cow dung for its CNG cars, signs MoU with NDDB
India’s largest car manufacturer company Suzuki Motor Corporation (SMC) has announced that it will use cow dung to power its CNG cars. An MoU has been signed between Maruti Suzuki and Asia’s largest dairy manufacturer National Dairy Development Board (NDDB), SMC stated while announcing its growth strategy for 2030. The company in its growth strategy for 2030 said…
GoodSport, a Dairy-Based Sports Drink, Set to Hit Walmart Store
Powered by the goodness of milk, a first-of-its-kind sports drink is set to more than 1,000 Walmart store shelves across the Midwest. GoodSport Nutrition Founder & CEO Michelle McBride came up with the dairy-based sports drink concept after being frustrated with other beverage options. “I didn’t want my son drinking sports drinks filled with artificial…
Heritage Foods: What lies ahead after a soft quarter?
Highlights Higher raw milk prices impacted the performance Value-added products saw higher growth The March 23 quarter performance also likely to be impacted Investors with a longer-term view can add and accumulate on declines The December ’22 quarter results of Heritage Foods (HFL; CMP: Rs171) were below expectations. Companies in the dairy segment continued to remain impacted…
Anand Kumar takes charge as chairman of Visakha Dairy
Adari Anand Kumar was appointed as chairman of Visakha Dairy here on Thursday. The decision was made in the dairy’s board of directors meeting. Senior director Reddy Ramakrishna proposed the name of Adari Anand Kumar as the next chairman of the dairy, while the board and other directors unanimously approved his name. It may be…
DSM World Mycotoxin Survey 2023
Mycotoxins continued to provide the cereals sector with considerable challenges last year as producers turned to cheaper products to manage risks. The Covid-19 pandemic affected logistics and availability of feed materials. This coupled with increased input and energy costs caused by the war in Ukraine meant significantly higher costs for producers. As a result, some…
In Gujarat’s dairy world, BJP gets the cream of the crop
Seventeen years ago, an anguished Dr Verghese Kurien, pre-empting his removal, had stepped down as founder-chairman of the Gujarat Cooperative Milk Marketing Federation (GCMMF) — the umbrella body of dairy co-operatives based in Anand that owns the iconic Amul brand. Announcing his resignation on March 6, 2006, at the Indian Institute of Rural Management (IRMA), another institution he…
FSSAI asks to check on products being sold as plant-based ghee
In its latest order, the Food Safety and Standards Authority of India (FSSAI) has asked food safety commissioners to take “enforcement action” against companies that are selling plant-based ghee and butter. In its order dated January 23, it said that such products are of non-animal origin and are blends and mixtures of edible oils and hydrogenated…
Amul elections: Shamal Patel to continue as GCMMF chairman
Shamal Patel was re-elected as the chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF), the umbrella body of milk cooperatives in Gujarat which owns the brand Amul, Tuesday. Valamji Humbal was also elected as the GCMMF vice-chairman for the second time in the election that took place in Anand in presence of the heads of all…