DMK govt decides to include Aavin ghee as Pongal gift hamper
Dairy farmers are elated at Chief Minister MK Stalin’s announcement to include Aavin ghee in the Pongal gift hamper to be distributed to ration card holders. Welcoming the development, secretary of Tamil Nadu Milk Producers Welfare Association (TNMPWA) M G Rajendran said, “The announcement has come as a saviour for Aavin as out of 25 unions, 20 are facing…
SBI-PONLAIT signs MOU to provide loan to dairy farmers in Puducherry
State Bank of India (Chennai circle) has inked a memorandum of understanding (MOU) with the Puducherry Cooperative Milk Producers Union (PONLAIT) to provide loan to individual dairy farmers here. The loan would be given under SAFAL (simple and fast agriculture loan) scheme of the bank. The amount of loan is up to a limit of…
Dairy.com To Help Indian Dairy Partners With IT Services and Intelligence
India is the largest producer of dairy in the world and the industry’s market’s value in the country reached INR 11,357 Bn in 2020 and is expected to grow at a CAGR of 15.4% to reach INR 23,243 by 2026. Though many companies have tried to break into the market due to its sheer volume, very…
Ditch dairy to save male calves: PETA India urges people to go vegan
The People for the Ethical Treatment of Animals (PETA) India has urged people across India to shun dairy products as a part of their new campaign to inform about the cruelty inflicted on male calves in the dairy industry. PETA has come up with a message, “Male calves are discarded like trash because they can’t…
Synthetic biology building sustainable businesses in the vegan milk
The significant scientific effort and VC investment in synthetic-biology-led dairy products ought to be of some interest in India In the previous article (bit.ly/3oEccb2), we saw a short excerpt from a US patent on making “animal-free dairy” substitutes composed of mammalian milk proteins. The US Patents and Trademarks Office assigned it to Perfect Day Foods…
Synthetic biology building sustainable businesses in the vegan milk
The significant scientific effort and VC investment in synthetic-biology-led dairy products ought to be of some interest in India In the previous article (bit.ly/3oEccb2), we saw a short excerpt from a US patent on making “animal-free dairy” substitutes composed of mammalian milk proteins. The US Patents and Trademarks Office assigned it to Perfect Day Foods…
The Unfinished Dream Behind Amul’s Foray into the Chocolate Industry
At the recently held 75th foundation year ceremony of the milk cooperative Amul, home and cooperation minister Amit Shah advised the leadership to not restrict the benefit of the movement to its 36 lakh farmer shareholders. He noted that successful cooperatives should create an online platform to globally market the produce of non-dairy farmers and specifically…
Paneer Takes Over US Dairy Market; India Warms Up to Pecorino, Feta
Despite growing popularity of green diets and plant-based cooking, dairy consumption is still high in the United States. Last year, diary sales increased to $61 billion, a $7 billion increase from the year earlier, a Bloomberg report said. A new star is also emerging in the dairy scene in the US – India’s beloved paneer….
Digivridhi Fintech startup for dairy farmers raises 3.1 mill USD
Digivriddhi Technologies Private Limited, DGV a Dairy Industry focused neo-banking startup, has raised $3.1 million pre-series A round from Info Edge Ventures and Omnivore. Through its assisted digital platform, DGV has chosen to focus on India’s 75 million dairy farmers, providing them access to formal banking and world class financial services. Ragavan Venkatesan, Founder and…
Ice cream parlours asked to pay 18% gst from July 2017
Ice cream parlours are feeling the heat as GST Authorities in various States have started issuing summons since an October 6 clarification on a new system of levy. In its September 17 meeting, the GST Council clarified that ice cream parlours sell already manufactured ice cream. The government said a GST of 18% should be levied…