Milk producers in Salem urge government to relax norms for incentives
The milk producers welcomed the State government’s announcement that ₹1 incentive per litre will be given to farmers who give milk to cooperative societies. But, they urge the government to consider relaxing the norms for the incentive. In a circular dated July 25, the Commissioner of Milk Production and Dairy Development said as per the…
Gross Margins For Dairy Companies To Improve In FY2024: Report
Raw milk procurement prices are expected to witness correction due to improvement in milk availability with the onset of the flush season in H2 FY2024. Consequently, industry profit margins are expected to start improving sequentially, the rating agency Icra said in a report. Domestic milk supply was impacted in FY2023 due to the incidence of…
Bridging the gaps: Supply Chain Leaders of India
Indian companies’ supply chain leaders are essential in bridging the nation’s supply chain landscape’s gaps. These companies have optimised operations and cut costs by developing transparent and effective platforms that connect manufacturers, suppliers, and enterprises effortlessly by encouraging ethical supply chain practises. Following are 4 such brands: ShakeDeal – One of the top B2B commerce…
IVRI Unveils Groundbreaking Cattle Feed for Milk Yield Boost
In a remarkable stride towards transforming the dairy industry, pioneering scientists at the renowned ICAR-Indian Veterinary Research Institute (IVRI) has unveiled a groundbreaking advancement to redefine milk production. His game-changing innovation is a revolutionary cattle feed meticulously enriched with various phytonutrient ingredients derived from time-tested medicinal plants. The dinner promises to amplify milk yield, enhance procreation,…
Tetra Pak Launches Dairy Processing Decarbonization Task Force
Tetra Pak, a food processing and packaging company, has taken a step toward promoting sustainability in the dairy sector. The company has established the Dairy Processing Task Force, which is in part of its efforts to reduce greenhouse gas emissions and participate in global efforts for a net-zero dairy industry. The task force coalition aims…
Akshayakalpa Organic introduces UHT pack to its product portfolio
Akshayakalpa Organic, India’s first certified organic dairy company and producer of the country’s most popular organic milk and milk based products, has expanded its market to 42 cities in the country to play a bigger role in the Indian dairy sector. With over 13 years of promise of bringing clean nutrition through milk and milk…
National Programme for Dairy Development report -July 2023
Department of Animal Husbandry & Dairying (DAHD) is implementing National Programme for Dairy Development (NPDD) scheme across the country since Feb-2014. The scheme has been restructured/ realigned in July 2021 for implementation from 2021-22 to 2025-26 with the following two components and their respective objectives: (i) The Component ”A” of NPDD focuses on creating/strengthening of infrastructure for quality…
China dairy price boost ‘unlikely’ as demand stalls
Weak Chinese demand for dairy, coupled with strong global supplies, shows no sign of improving as a number of processors cut their base price for June milk supplies. Tirlán cut its base price to 38.08c/L, a 2c drop, with its chairman John Murphy saying: “Dairy market prices have weakened significantly in recent weeks and unfortunately…
Flush season ahead for these three dairy stocks say analysts
Source: IANS Dairy demand is seeing an uptick as procurement prices are coming down, leading to margin expansion, say analysts. As spending power increases, demand for other value added products like ice creams, paneer, cheese and whey are growing. Arihant Capital says that there is huge upside in stocks like Parag Milk Foods, Dodla Dairy…
A 30 liter tank for making lab made milk cost Rs 1.5 crores
Milk Made By Sugar, Water, And Bacteria: Milk and milk products have come a long way in the last few years. Despite this, these products made from plants cannot exactly match dairy. According to a report by the Good Food Institute (GFI), plant-based milk beverages made from ingredients such as soybeans, almonds, and oats make up…