Banas Dairy to give zero-interest credit cards to cattle breeders
Banas Dairy will provide a zero-interest credit card to cattle breeders starting from January 15th. The credit card will have a limit of Rs. 50,000, and no interest will be charged on the withdrawal of money. Banas Dairy Chairman and Gujarat Assembly Speaker Shankar Chaudhary made this announcement at a religious function in Malupur of…
Himachal initiatives to strengthen the milk-based economy
The dairy sector assumes a greater significance and has been a major contributor to the growth of the rural economy in Himachal Pradesh, where 90 percent of the State’s population resides in villages. As an industry, it employs most rural households, with the majority being small and marginal farmers as well as the landless. The…
Country Delight raises $20 million from Temasek, others
Gurugram-based dairy brand, Country Delight has raised around Rs 165 crore (around $20 million) from existing investors like Temasek, and new investors like Seviora Capital, regulatory filings showed. Country Delight’s board passed a special resolution to issue 78,157 Series E compulsory convertible preference shares (CCPS) at a price of Rs 21,045 each to raise a…
Banas Dairy to give zero-interest credit cards to cattle breeders
Banas Dairy will provide a zero-interest credit card to cattle breeders starting from January 15th. The credit card will have a limit of Rs. 50,000, and no interest will be charged on the withdrawal of money. Banas Dairy Chairman and Gujarat Assembly Speaker Shankar Chaudhary made this announcement at a religious function in Malupur of…
BL Agri and Commodity Summit 2024: Amul not for import of dairy products at concessional duty under FTAs
National Dairy Research Institute (NDRI) has commercialized 09 technologies related to rapid detection of adulteration in milk to Hatsun Agro Products Ltd., a Chennai based leading dairy industry of South India. Sharing the information, Dheer Singh, Director, NDRI has said that the institute is making concerted efforts to commercialize technologies to various stakeholders developed by its scientists and today’s license agreement is a step towards…
Maharashtra cabinet gives nod to Rs 5 per litre subsidy to milk producers
The Maharashtra cabinet announced on Thursday to provide a subsidy of Rs 5 per liter for milk to farmers supplying their produce to both cooperative societies and private milk projects within the state. The decision aims to support and bolster the dairy farming community. Under this initiative, milk-producing farmers who are part of cooperative milk societies and…
Israeli foodtech startup secures US regulatory nod for cow-free dairy protein
Imagindairy seeks to partner with US food companies to scale up the production of its animal-free protein used in cow-free dairy products like cheeses, yogurt and ice cream Israeli foodtech startup Imagindairy Ltd. has received US regulatory clearance that its animal-free proteins can be safely used in the production of dairy duplicates, like milk and…
Dairy Sector to be showcased at Vibrant Gujarat Summit 2024
The Vibrant Gujarat Summit 2024 is set to shine a spotlight on the thriving dairy sector, with a particular focus on the accomplishments of the Gujarat dairy co-operative sector led by the Gujarat Cooperative Milk Marketing Federation (GCMMF) during its 10th edition scheduled from January 10 to 12 in Gandhinagar. Chief Minister Bhupendra Patel has…
Maharashtra to revise milk subsidy formula for wider coverage
Maharashtra animal husbandry and dairy development minister Radhakrishna Vikhe Patil said on Wednesday that the state government would revise an earlier accepted formula to provide subsidy to milk producers for wider coverage. During the winter session of the state legislature in Nagpur, Vikhe Patil had said on December 20 that the government would give a…
Danone offloads US organic dairy assets
French dairy giant Danone has sold its US-based Horizon Organic and Wallaby units to local investment business Platinum Equity for an undisclosed fee. The Alpro and Activia brands owner said the disposal is part of its Renew Danone turnaround strategy, announced in March 2022. The strategy includes the disposal of what CEO Antoine de Saint-Affrique described at the…