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…
Dodla Dairy impressive results in Q3
Dodla Dairy Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,468.41 million compared to INR 6,754.31 million a year ago. Revenue was INR 7,525.45 million compared to INR 6,819.63 million a year ago. Net income was INR 413.32…
Hatsun Agro Proudly Announces Growth in Milk Procurement
Hatsun Agro, a leading player in the dairy industry and Chairman R G Chandramogan, proudly announces a significant surge in milk procurement, ensuring a robust and stable supply for the coming months. In response to last year’s challenges, the company has undertaken strategic measures to overcome supply shortages and inflated purchase prices. Following a meticulous…
Dairy industry and the untapped potential in Bangladesh
Although dairy as an industry did not have any organised footing in Bangladesh until recently, its emergence and growth over the decades is by all means commendable. From a very humble beginning in an informal manner, the industry grew to a large size thanks to a number of dedicated entrepreneurs backed by large-scale investment and…
Transforming Dairy Sector: Growth, Inclusion, Sustainability
Today, India is celebrating its 77th independence day. The entire nation has rallied together with renewed determination to achieve developed nation status by the year 2047. India has a unique distinction of trebling its milk production capacity and doubling its per capita milk availability every 25 years. We are looking at around 650 Mill MT…
Ice creams fly off shelves as cruel summer beats down
Ice cream makers are betting big on omni-channel sales with offerings spanning mass, mass premium, and premium categories even as they are hopeful of clocking 15-20% growth in sales this summer. The sweltering heat amid rising mercury levels has led to increased demand in several regions across the country, particularly southern India. With temperatures expected…
Amul converts complete range of Buttermilk into probiotics
The commodity segment has driven the maximum business growth for Amul and given the company surpluses with double-digit volume growth coming from across categories, says Jayen Mehta. The MD of Amul spoke to e4m Editor Naziya Alvi Rahman about the brand’s big launches this year, expansion to newer countries and his turnover plans for the…
FMCG, Dairy betting on double-digit sales growth this summer
Demand for ice creams and cold beverages like Cola have surged because of the onset of early summer and sales are likely to grow in strong double-digits this season, according to top executives of FMCG and dairy firms. The summer season will also get a tailwind in the form of an abatement of the pandemic…
Livestock sector Catching Up in Recent Years
The allied sectors of Indian agriculture – livestock, forestry & logging and fishing & aquaculture are gradually becoming sectors of buoyant growth and a potential source of better farm incomes. The livestock sector grew at a CAGR of 7.9 per cent during 2014-15 to 2020- 21 (at constant prices), and its contribution to total agriculture…
Supporting the Pakistan Dairy Industry
Historically, Pakistan has been a major player in the global dairy market. Its important role is reflected in the sector growth of 3.26 per cent in 2020-21, accounting for about 61.89pc of agriculture value additions and 14.06pc of the country’s GDP. As such, it is an important source of foreign exchange earnings, as well as…