India Eyes Global Dairy Leadership by 2047
India’s dairy sector is poised for a major global transformation as the country targets leadership in the international dairy market by 2047 under the “Viksit Bharat” vision. According to a new EY report, India’s strong domestic demand, expanding middle class, digital transformation and rising focus on value-added dairy products are expected to drive the next…
Milky Mist’s Value-Added Dairy Strategy Fuels Growth
Tamil Nadu-based dairy brand Milky Mist is rapidly emerging as one of India’s strongest value-added dairy companies by moving beyond the traditional liquid milk business and focusing on premium, high-margin dairy products. The company’s business model is built around paneer, cheese, curd, butter, ghee, yoghurt, ice cream and ready-to-cook products — categories that offer significantly…
Parag Milk Foods Q4 Profit Jumps 23%
Parag Milk Foods reported a strong Q4FY26 performance with consolidated net profit rising 23.31% to ₹40.14 crore, driven by higher sales across key categories. The company had posted a profit of ₹32.55 crore in the corresponding quarter last year. Total income for the January–March 2026 quarter increased to ₹945.34 crore from ₹918.25 crore a year ago….
Danone Shuts US Plant-Based Beverage Factory
French food giant is set to close its dairy-alternatives manufacturing facility in Bridgeton, New Jersey, as part of a broader restructuring and manufacturing consolidation strategy across its North American operations. According to reports from Just Drinks and regional business media, the plant closure will affect around 114 employees, with operations scheduled to end on August…
Bamul Secures ₹136 Cr Tirupati Ghee Supply Deal
Karnataka’s Bangalore Milk Union Limited (Bamul) has secured a major institutional contract to supply 2 lakh kg of Nandini ghee per month to the Tirumala Tirupati temple for the next six months, marking a significant milestone in cooperative-led dairy supply. The agreement, signed with the Tirumala Tirupati Devasthanams, is valued at around ₹136 crore, with…
Milma Milk Price Hiked by ₹4/Litre After 3 Years
Kerala’s leading cooperative Kerala Co-operative Milk Marketing Federation (Milma) has decided to increase milk prices by up to ₹4 per litre, marking the first price revision in the last three years, as the state government approved the move amid mounting cost pressures. The decision was taken at a Milma Board of Directors meeting, with the…
Milkfed Punjab Hikes Milk Procurement Price
Punjab’s state cooperative Milkfed Punjab has announced an increase in milk procurement prices for farmers, aiming to strengthen producer incomes amid rising input costs and reinforce the state’s dairy value chain. The price revision is expected to directly benefit dairy farmers supplying milk to the cooperative network, improving farm-level profitability while ensuring continued milk supply…
Amul Crosses ₹1 Trillion on Trust Model
India’s largest dairy brand, Amul, has crossed the ₹1 trillion turnover milestone in FY2025-26, becoming the first FMCG company in India to achieve this scale, driven not just by financial growth but by a deeply embedded cooperative model built on farmer trust and value delivery. (Moneycontrol) The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets…
Israel Unveils 9-Step Dairy Efficiency Plan
Israel’s Ministry of Agriculture and Food Security has introduced a nine-step program to streamline the dairy industry and reduce milk prices for consumers, signaling a major structural reform in one of the world’s most regulated dairy markets. (Government of Israel) The plan focuses on improving efficiency across the value chain by promoting market competition, optimizing…
India-NZ FTA Opens Zero-Duty Trade Window
India and New Zealand have signed a landmark Free Trade Agreement (FTA) that grants 100% duty-free access to Indian exports, while unlocking a $20 billion (₹18.49 lakh crore) investment commitment over the next 15 years, marking a major step in strengthening bilateral trade and economic cooperation. (Press Information Bureau) The agreement covers all tariff lines,…