India’s milk output to jump 3-fold to 628 million MT in 25 years:R S Sodhi
India’s milk production is expected to jump three-fold to 628 million tonnes in the next 25 years with an average annual growth of 4.5 per cent, Amul Managing Director R S Sodhi said on Monday. Size of Indian dairy market to jump over 2-fold to Rs 30 lakh cr by 2027 said Meenesh Shah Chairman NDDB.Shah said…
Flavoured milk is not milk but a drink containing milk. So pay 12% GST
As per the GST rules, there is no GST on fresh milk, pasteurised milk, curd and lassi. But if you buy flavoured milk, you pay GST of 12%. This is because flavoured milk ”is not milk” but a beverage in which milk is a component. You may have been counting your blessings all these years since…
Organic dairy firm Akshayakalpa raises $15 million to expand across India
Akshayakalpa Organic, an organic dairy enterprise, said it is raising $15 million in a Series B funding round from both existing and new investors. British International Investment (BII), the UK’s development finance institution, Rainmatter Foundation, and its existing investor Venture Dairy have joined the Series B financing. The funding would strengthen Akshayakalpa’s efforts for promoting,…
How ‘Operation Flood’ helped in the evolution of the dairy sector In India?
The evolution of the dairy sector in India and the stellar role played by dairy cooperatives since the launch of Operation Flood form an integral part of the country’s growth story as the country now is the largest producer of milk. India contributes 21 per cent to global milk production. It is important to note…
Saras milk became expensive for the second time in 75 days
Before the arrival of the festive season, once again in Rajasthan, the general public is being hit by inflation. Ahead of the festival season, Saras Dairy has also given a big blow to its customers. After about two and a half months, the dairy has again increased the rates of milk. According to the information…
Dairy prices rise, volumes fall at auction- GDT events
International milk prices rose, while volumes fell in this month’s first Global Dairy Trade auction held by GDT Events. The GDT Price Index gained 4.9%, with an average selling price of $4,007 per tonne, in the auction held on Tuesday. The index fell 2.9% at the previous sale, according to GDT Events. Global Dairy Trade…
Fast-spreading lumpy disease hits milk output
The fresh wave of viral infection of Lumpy skin disease (LSD) in cattle has spread to newer geographical areas of Maharashtra and Madhya Pradesh, while eight other States continue to grapple with the outbreak that is also impacting the milk production. The latest reports from Indore district, Madhya Pradesh, suggested LSD-like symptoms in a few…
Mother Dairy Cheese, Wavemaker, Momspresso organize Food Ka Buddy
Mother Dairy Cheese, in collaboration with Wavemaker India, conceptualized and organized the Cheesy Cook-Off with celebrity chef Ajay Chopra. This event was an extension finale of the Food Ka Buddy Campaign, which featured online live sessions through Cheese Ki Paathshala. Momspresso was our trusted partner to bring this IP to life. The objective was to…
PM Modi to Inaugurate World Dairy Summit in Greater Noida on Sept 12
Prime Minister Narendra Modi is scheduled to visit Greater Noida, near Delhi, on September 12 to inaugurate World Dairy Summit 2022, officials said Tuesday. Uttar Pradesh Chief Minister Yogi Adityanath is also expected to reach Greater Noida on September 11 to review arrangements for the PM’s visit, the officials said. The summit is scheduled to take place at the India Expo…
CIFTIS:MoU signed to enhance Pak-China cooperation in buffalo business
Royal Group, China, and JW Holdings, Pakistan, in the spirit to enhance cooperation in buffalo business between the two countries, signed a Memorandum of Understanding (MoU) as a side event of the 2022 China International Fair for Trade in Services (CIFTIS). According to the MoU, the two companies will deepen cooperation in buffalo farm building,…