DAIRY NEWS Dairy farmers urge Tamil Nadu govt to hike Aavin milk price
The Tamil Nadu Milk Producers Welfare Association (TNMPWA) urged the State government to increase the price of Aavin milk and procurement price pointing out that private firms increased them. M G Rajendran, general secretary of TNMPWA, said, “Aavin procures 31 lakh litres of milk daily and sells 28.5 lakh litres. Private milk firms increased the…
Amul expects an 18 % growth in its sales in FY22 to around Rs 46,000 Crs
India’s leading dairy cooperative GCMMF, which markets dairy products under the Amul brand, is expecting an 18 per cent growth in its turnover this fiscal year to around Rs 46,000 crore on better demand, its Managing Director R S Sodhi said. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) had posted a marginal growth of 2 per cent…
The value of sustainable value chain in dairy industry : Dr K Rathnam
The need for dairy products in India has been on the rise in the last decade. This association has implied that more people use dairy and its byproducts to fulfill their day-to-day needs. Dr K Rathnam, the CEO of Milky Mist, shares his thoughts on the strategies that must be utilised to create a sustaining…
There is a huge opportunity in Icecream selling : Komal Anand MD Havmor
As the ice cream sector navigated a challenging terrain over the past couple of years, Lotte Confectionery’s Havmor Ice Cream focussed on e-commerce and innovation to stay afloat. Komal Anand talks to Christina Moniz about the brand’s efforts to achieve the `1,000 crore revenue target, supply chain and delivery challenges in the home delivery of…
Cow milk protein has Antiviral properties against variants of Covid-19
As the COVID-19 pandemic continues to claim lives around the world, dairy scientists may have a surprising role to play. In a new report published in the Journal of Dairy Science, scientists from the University of Michigan (Ann Arbor, MI, USA) and Glanbia PLC Research and Development (Twin Falls, ID, USA) have collaborated to investigate the…
Better Dairy to disrupt hard aged cheese sector with animal-free offering
UK-based food-tech firm Better Dairy has secured US$22 million in Series A funding, edging it closer to getting its aged and hard cheeses into the testing phase. Better Dairy – which is in the R&D phase of developing animal-free cheeses using precision fermentation – produces products that are molecularly identical to traditional dairy. The company…
Better Dairy to disrupt hard aged cheese sector with animal-free offering
UK-based food-tech firm Better Dairy has secured US$22 million in Series A funding, edging it closer to getting its aged and hard cheeses into the testing phase. Better Dairy – which is in the R&D phase of developing animal-free cheeses using precision fermentation – produces products that are molecularly identical to traditional dairy. The company…
Global dairy prices rise 5.1 percent to record high after April 2013
The previous price record for global dairy products was set in April 2013. The average price at the fortnightly global dairy auction rose 5.1 percent to US$5065 a tonne, after rising 4.2 percent in the previous auction. The Global Dairy Trade price index hit 1593, breaking the previous record of 1573 in April 2013. The…
People don’t want quarter inch drill.They want quarter inch holes
People don’t want quarter inch drill.They want quarter inch holes. Theodore Levitt wrote this in an article Marketing Myopia way back in 1960 . The context of this article is to highlight the inability of the marketer to see the big picture. Most of the time the marketers are focussing too narrowly on selling their…
Happy Shivratri ! Amul increases milk prices by Rs 2 per liter
The Gujarat Cooperative Milk Marketing Federation (GCMMF) has increased the price of milk by Rs 2 per litre in all markets across India. The new prices will be effective from Tuesday. This is the second time this fiscal that the price of milk is being hiked. In June 2021, GCMMF raised the price by Rs…