My smiles are as fake as your promises-Lakhpati Didi
Today, on February 1, 2024, our country’s budget has been announced. Given that 2024 is an election year, an interim budget has been presented, subject to review by the elected government in the latter half of the year. Recently, I came across news indicating that by December 2023, India might have only utilized 45% of…
Centre will help to start Udgir milk scheme project in Maharashtra
The Centre will extend all possible help to restart the Udgir Milk Scheme Project in collaboration with the Maharashtra government, Union minister Parshottam Rupala said on Monday. He said the National Dairy Development Board (NDDB) has been instructed to submit a report regarding the relaunch of this project in Latur district. “Accordingly, a team of…
Dodla Dairy eyes 25% sales volume growth on VADPs
Hyderabad-based Dodla Dairy, a company specialising in processing and distributing milk and dairy products, is targeting a 25% increase in sales volume to average 20 lakh litre per day from around 16 lakh litre currently. https://youtu.be/V5wdZkOtG_g In an interview with CNBC-TV18, Sunil Reddy Dodla, Managing Director said Dodla Dairy wants to go into growth mode…
Good quality fodder crucial for dairy sector: PAU experts
The Directorate of Extension Education, Guru Angad Dev Veterinary and Animal Sciences University (GADVASU), organised a training on ‘Quality Fodder Production, Processing and Marketing’ for officials of the dairy development department. Dairy Development Department Joint Director Kashmir Singh said quality fodder was the foundation for the growth of the sector in the state. He said…
Tripura govt to introduce subsidised milk products at ration shops
The Food and Civil Supplies department of Tripura has announced plans to offer four selected milk products at subsidised rates in government-sponsored fair price shops. The products, sourced from Gomati Diary, a cooperative society-run agency, will be available in 15 fair price shops in and around Agartala city starting February 16. Tripura’s Food and Civil Supplies department…
Heritage Foods Q3 results: Profit surges 96% on strong dairy demand
ndia’s Heritage Foods reported a 96% jump in third-quarter profit on Monday, helped by strong demand for its dairy products. The dairy producer’s consolidated profit rose to Rs 2.69 crore ($3.2 million) for the quarter ended Dec. 31 from Rs 1.373 crore a year earlier. The average selling price of milk rose 5.2% year-on-year, boosting…
Swiss chocolatier Läderach eyes expansion in India
India’s burgeoning appetite for luxury, particularly Western-inspired trends, has caught the eye of Swiss chocolatier Läderach, which controls about 5% of the entire Swiss chocolate market. Landing in Delhi just eight months ago, the brand faces stiff competition and complex import duties, but still sees immense potential in the market and expects to open at…
Mouthfeel and taste key for fortified beverages for elderly APAC
Better-for-you beverages fortified with minerals such as calcium need to ensure a smooth mouthfeel and taste to meet rising demand from older consumers in APAC.According to palm oil giant Musim Mas, this is just as important as meeting health and wellness trends. “We [see] a great demand for healthy, fortified beverages [especially] as older consumers…
China looks to improve dairy governance with specific standards
China is seeking to tighten governance over the domestic dairy industry with specific standards to manage different types of milk available on supermarket shelves. China’s dairy industry has been growing by leaps and bounds since receiving as an important part of regular diet, with major brands such as Yili and Mengniu leading the way….
ITC leverages AI for spotting consumer trends & product development
Fast-Moving Consumer Goods (FMCG) major ITC Limited is leveraging Artificial Intelligence (AI) to strengthen its product portfolio by getting insights into new consumer trends. The company is also capitalising on technology throughout its product value chain. Under pilot runs for its dairy business, the company is using AI tools to check the health of cows and technologies to evaluate…