Nationalised bank offers loans for supporting dairy business
Dairy sector surfaced up as one of the least impacted sector during COVID . The demand of milk and milk products at household level saw a huge upsurge during lockdown. The government has already announced dairy entrepreneurship development scheme for this year. The purpose of this scheme is to support dairy farmers and entrepreneurs to…
Amul approached government to get 160 Crore export subsidy for clearing SMP stocks
All dairies supported dairy farmers during the lockdown period even with lower demand of milk and milk products in the market. The excess milk was converted into SMP and butter. This created huge surplus of SMP and butter with most of the dairies in the country. Amul is the largest milk handling organization in the country….
The toil behind smiles of dairy farmers in Karnataka-KMF story during Covid
Nandini is a second largest dairy brand in the country and third most popular brand under food and beverage category. The brand has a turnover of RS 14000 Crores and it represent over 9 lakh dairy farmers in Karnataka. KMF has 14 milk unions which collects milk from 254000 villages and caters to 10 million…
Aavin crossed 25 lakh lpd of milk sales in Tamilnadu state
Tamilnadu milk federation, known as, Aavin ,has set a record by selling more than 2.5 million LPD in the state. The federation did a phenomenal job in restructuring its supply chain during the lockdown period. Aavin was showing steady growth in the state capital market of Chennai for a long time. Other districts of the…
Dairy is an IT business now, transacting in milk
This title may sound weird , but it is a fact in today’s environment. The government announced lockdown in last week of March 2020 which induced tremors in dairy industry. Most of the dairy companies were not riding the wave of IT led supply chain over online platforms. Amul has been investing Rs 600-800 crores annually…
Gujarat Government announces Rs10800 per desi cow for adopting natural farming
Gujarat government has announced a financial support scheme for supporting farmers who are rearing Desi Cows. The purpose of this scheme is to promote natural farming practices with desi cows. Natural farming practices include use of manure, gaumutra, etc for farming purposes. Desi cow based farming techniques cow dung as manure and cow urine as…
Creamline dairies launched Protein Plus milk
Creamline dairy products LTD (CDPL is a subsidiary of Godrej Agrovet Ltd. The company’ owned Jersey brand is available in the states of Telangana, Andhra Pradesh,Tamilnadu, Kerala, Karnataka and parts of Maharashtra. CDPL has ten plants with a total turnover of Rs 1160 Crores. The company has around 30% market share in value added products…
Andhra Pradesh signing MOU with Amul for dairy development
Andhra Pradesh government is concerned about the farm gate prices for milk and sugarcane. Chief minister Sh Y S Jagan Mohan Reddy headed a review meeting to discuss about dairy development and sugar factories in the state. Mr Reddy asked the officials to sign an MOU with AMUL for the development of dairy sector by July 15th….
Government allows 10000 MT of SMP imports at 15% duty: A farmer’s nightmare
Indian dairy sector is struggling with poor demand , excess milk and huge stocks of SMP and butter due to the lockdown . The milk prices are already prevailing at almost 15-20 % below the usual rates of summer period. At this moment, centre’s decision allowing milk powder imports under Tariff Rate Quota (TRQ) looks…
Cargill eyes Rs 8500 Crore Indian chocolate market with an Indian partner
The US Commodity giant Cargill unveiled its plan to set up a 10000 TPA chocolate manufacturing unit in western India. Cargill is planning to serve the Asian market from its Indian operations in the future. The size of the Asia pacific Cocoa and chocolate market was US$ 27.1 billion in 2018 and is expected to…