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…
I am Laxmi a woman dairy farmer from India and I need money in my hand
A day in the life of Laxmi I am Laxmi, a dairy farmer from India (Laxmi takes care of 4 cows and 5 family members) . I wake up at 4 AM and prepare food for my cows Gayatri, Savitri, Jamuna and Saraswati. The cows are fed by me before I cook food for my…
Need to explore ways to reduce climate impact on milk production: Rupala
Pressing for a need to address the climate impact on animal husbandry sector, Parshottam Rupala, Union Minister for Animal Husbandry expressed the need to explore ways to reduce adverse impact of extreme temperatures on milk production. At a seminar on Mitigating the adverse impacts of climate change on Animal Husbandry & Dairying, jointly organised in…
Plant-based market in India to be worth Rs 81,000 crore
India is witnessing a surge in demand for plant-based products like plant-based meat, plant-based dairy, plant-based nutraceuticals. Plant-based food products are finished food products composed from components derived from plants, such as fruits, vegetables, whole grains, nuts, seeds and legumes. A growing section of the population is opting for plant-based food products, especially plant-based “meat”,…
TN: Dairy Farmers in Dire Straits as Fodder Prices Zoom, Inflation Bites
The Tamil Nadu Milk Producers Association is demanding an increase in milk procurement prices as fodder prices are spiralling. In November 2022, Aavin, the government milk cooperative, announced an increase of Rs 3/litre for milk procured from farmers and fixed the price of cow milk at Rs 35 and buffalo milk at Rs 44. But the milk…
Sodhi resignation — Milk industry jolted, writes RN Bhaskar
Last week delivered a shock to many in the milk industry. R.S. Sodhi, the senior-most executive of the largest milk cooperative in India accounting for a turnover of Rs. Rs 46,481 crore in 2021-22, stepped from the helm of affairs. He resigned from the post of managing director of the Gujarat cooperative Milk Marketing Federation…
Sodhi resignation — Milk industry jolted, writes RN Bhaskar
Last week delivered a shock to many in the milk industry. R.S. Sodhi, the senior-most executive of the largest milk cooperative in India accounting for a turnover of Rs. Rs 46,481 crore in 2021-22, stepped from the helm of affairs. He resigned from the post of managing director of the Gujarat cooperative Milk Marketing Federation…
No broad-based decline in food inflation yet
While food inflation fell to 4.19% in December, the lowest since January 2022, thanks to a sharp fall in prices of vegetables, edible oils, meat products and pulses, the prices of several commodities such as spices, cereals and dairy products continued to be at elevated levels amid supply contraints. While stating that sharp corrections in…