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…
Dairy firm Hatsun Agro’s Q3 profit rises 24%, slowest in 3 quarters
India’s Hatsun Agro Product, which sells products under brands such as Arun IceCreams and Arokya Milk, reported its slowest quarterly profit growth in three quarters, hurt by heavy floods in its home state of Tamil Nadu. Last month, cyclone Michaung flooded a large part of the southern Indian state, which is home to 13 of…