Amul appears to be expanding in both milk and non milk products
In its 75th year, Amul literally appears to be in milk and honey land. Last month, India’s largest dairy company launched a new non-dairy product — Amul Honey. But this was no bee in the bonnet move. The Gujarat-based milk major, which clocked a turnover of over ₹53,000 crore in 2020-21; has been slowly foraying into the non-dairy…
Why liquid nitrogen is critical to the Indian animal husbandry sector ?
In an age of extremely long as well as short shelf lives and preservation periods for products, goods and materials wherein logistics, storage, transportation and distribution have been key to a successful supply chain management, liquid nitrogen has come to occupy a significant presence. As a cryogenic liquid with a boiling point of -196°C, this…
Heritage Foods Q2 PAT improved by 8.13% over first quarter
Heritage Foods Limited has reported Consolidated financial results for the period ended September 30, 2021. Financial Results (Q2 FY2022) – QoQ Comparison The company has reported total income of Rs. 673.198 crores during the period ended September 30, 2021 as compared to Rs. 650.895 crores during the period ended June 30, 2021. The company has…
Why liquid nitrogen is critical to the Indian animal husbandry sector ?
In an age of extremely long as well as short shelf lives and preservation periods for products, goods and materials wherein logistics, storage, transportation and distribution have been key to a successful supply chain management, liquid nitrogen has come to occupy a significant presence. As a cryogenic liquid with a boiling point of -196°C, this…
Parag Milk Foods unveils Go Milkshake eyeing about 15% of market share
Parag Milk Foods, the makers of India’s favourite dairy products like Gowardhan, Go, Pride of Cows and Avvatar, unveiled the expansion of their product portfolio with the launch of a range of milkshakes – Go Milkshake. It is made from 100% cow’s milk and is available in 180 ml Tetra Packs in strawberry, vanilla, chocolate and…
Asia-Pacific dairy market projected to grow at CAGR of 3.12% in 2020-25
The Asia-Pacific dairy market is projected to grow at a CAGR of 3.12% from 2020-2025, according to the market research firm Mordor Intelligence. China is the most significant market and India and Indonesia are the fastest-growing markets in the region, says the report Dairy farming has mostly seen an upward trend in Asia with disruptors…
Milma has declared a flood relief aid of nearly ₹1 crore to dairy farmers
Milma’s Thiruvananthapuram Regional Cooperative Milk Producers’ Union Ltd (TRCMPU), which operates in Thiruvananthapuram, Kollam, Alappuzha and Pathanamthitta, has declared a flood relief aid of nearly ₹1 crore to assist dairy farmers in the flood-ravaged areas. The union which convened an emergency meeting here on Monday announced relief measures including a solatium of ₹25,000 to the…
Hatsun earns more in 25 minutes now than its first 10 years total revenue
RG Chandramogan’s Hatsun Agro Product’s rise to be the country’s largest private dairy company is a story of grit and gumption I last met RG Chandramogan, Chairman of Hatsun Agro Product Ltd, in March 2020, just before the pandemic hit and the lockdown happened. I had travelled to Thiruthangal, his home town, in water-starved Virudhunagar…
HAtsun reported a 25% increase in Net profit at Rs 82 Crores
Hatsun Agro Product Ltd (HAP), a leading dairy company, reported a 25 per cent increase in net profit at ₹82 crore for the second quarter ended September 30, against ₹66 crore in the same period last year. Revenue increased 23 per cent to ₹1,635 crore (₹1,327 crore), said a company press release. RG Chandramogan, Chairman,…
Show me the silver lining for the dairy farmers this year
India has received good monsoons this year. Reservoirs are full in almost all the states in the country. The farmers have all the reasons to feel happy except for those who are facing untimely rains in October. Water sufficiency in the country is an insurance against shortage of feed and fodder till next summer. The…