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…
Aavin plans to sell 25 tonnes of sweets at the profit of Rs 2.2 crore
State Minister for Dairy Development SM Nasar on Monday launched five new sweet varieties developed by Aavin for Deepavali and commenced the sales. Kaju Katli (250 gms- Rs 225), Natti Milk Cake (250 gms- Rs 210), Moti Pak (250 gms- Rs 170), Kaju Pista Roll (250 gms- Rs 270) and Coffee Milk Burfi (250 gms-…
Mother Dairy to set up 700 exclusive consumer stores in NCR by FY23
Mother Dairy on Thursday opened 15 kiosks in the NCT of Delhi in a single day. Of the 15 kiosks, nine have been established in 9 campuses of Delhi Skill and Entrepreneurship University (DSEU) and six in Delhi Cantonment area. Mother Dairy will establish over 700 exclusive consumer touchpoints in the national capital by 2022-23…
Milk Powder At 7-Year High After Surprise Shortfall In Global Production
Milk powder is used to make milk, and it’s also a common ingredient in a variety of foods including baked goods, soups and processed items. Futures for nonfat dry milk reached 135 cents per 100 pounds, the highest since August 2014. A surprise shortfall in global milk production has international purchasers scouring for powder, the…
Milk Powder At 7-Year High After Surprise Shortfall In Global Production
Milk powder is used to make milk, and it’s also a common ingredient in a variety of foods including baked goods, soups and processed items. Futures for nonfat dry milk reached 135 cents per 100 pounds, the highest since August 2014. A surprise shortfall in global milk production has international purchasers scouring for powder, the…
Samuhik Pashudhan Bima Yojana discontinued, rearers anxious
Livestock rearers across the state are at the receiving end following the discontinuation of Samuhik Pashudhan Bima Yojana, which ensures compensation in the event of accidental death of cattle due to disease and other reasons. The scheme has been discontinued since April 1 and livestock rearers have been making rounds of the local office of…