The proud son of a chauffeur in Amul will drive strategy at Country Delight
Hitesh Singh is a name which could make any parent in the world feel proud. Hitesh’s father works with the 8th largest dairy in the world Amul at Anand. Hitesh got his inspiration from Mr R S Sodhi MD GCMMF in early days while he was in school. He got lured by the mammoth size of dairy…
Heritage Foods strikes back with a Profitable bottom line in 2020-21
Heritage Foods achieved a revenue of Rs 2473.1 Crores in 2020-21 as against Rs 2725.9 Crore in 2019-20. The EBIDTA margins have improved to 11% from 5% in the previous year.The net profits have again became black at Rs 148.3 Crores in 2020-21 as against a loss of 169.4 crores in 2019-20. The board of…
Carbon free Enviro labelling : Are we prepared for emerging consumer trends?
I hope all of you are safe and fine with your near and dear ones. The dairy scenario in India is following the doctrine of mirror neurons. History is repeating itself and farmgate milk prices have already plummeted in double digits. The milk supply chain has yet not been impacted like last year . But…
Ananda,Amul & DMS sell best quality Paneer : 9th May Dairynews7x7
This channel covers dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will air on every Sunday. The channel will have expert interviews, market and technical analysis and a lot more sections very soon https://youtu.be/ihS8jK_DmqU Seven news in this edition are as follows : Ananda, Amul and…
The Dutch dairy industry: Country profile on dairy sector
Here we offer an overview of the Dutch dairy industry, look at trade and consumption, and zoom in on the sector’s focus on sustainability. Since April 2019, the Netherlands is home to 1.58 million dairy cows and calves with a yearly production of 14 billion kg of milk. Due to phosphate legislation, the sector has…
The Dutch dairy industry: Country profile on dairy sector
Here we offer an overview of the Dutch dairy industry, look at trade and consumption, and zoom in on the sector’s focus on sustainability. Since April 2019, the Netherlands is home to 1.58 million dairy cows and calves with a yearly production of 14 billion kg of milk. Due to phosphate legislation, the sector has…
Andhra Pradesh: ACB unearths irregularities in Sangam Dairy
The Anti Corruption Bureau ( ACB) has found irregularities in bonus payment to milk producers and diversion of funds to unauthorized accounts in Sangam Dairy. Sources said ACB has seized documents to establish how senior TDP leader Dhulipalla Narendra Kumar became chairman of the dairy board without the eligibility to become the board director. As per…
IFC to acquire 6.41% stake in Parag Milk Foods; Stock zooming up
Parag Milk Foods has executed a Subscription and Policy Right Agreement with International Finance Corporation (IFC). Under the agreement, Parag Milk will issue and allot 6756,756 fully paid Equity Shares to IFC. The subscription price would be Rs111 per equity share. Also read : IFC to fund Parag’s milk working cap and expansion plans With that,…
WTO scans India’s agriculture export subsidies policy
India’s farm subsidy policies came under the scanner at the World Trade Organization (WTO) during the country’s trade policy review (TPR), with members such as Canada, the US and Australia complaining that India has not declared its agriculture export subsidies for more than eight years, while Brazil held that India’s longstanding support measures for sugar…
Less is More : Dairy Budget 2021-22 Analysed – A blog by Kuldeep Sharma Bydairynews7x7@gmail.com
Current dairy situation in India is mimicking the Feb 2020 scenario. The milk is short and the prices are moving up at almost all locations in the country including Maharashtra. Only difference is that the commodities stocks in the country are much higher than what they were last year. All claims of bumper milk production due…