The government advise NDDB to extend RTI Act to Mother Dairy
The National Dairy Development Board (NDDB) has been advised to bring all its subsidiaries, including Mother Dairy, under the RTI Act, 2005, the government said on Friday. In a written reply to the Rajya Sabha, Union Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala said the NDDB has been advised “to extend the provisions…
Ananda and Mother Dairy are value for money brands in dairy whiteners
There has been a surge in the consumption of dairy whiteners these days. Those who use them in coffee and tea find it dissolves easily and gives their tea a very great whitening ability. We have a good number of dairy whitener brands available in the market which gets sold on different claims. Be it…
India’s large dairies taking notice of Plant based alternatives to milk
Country’s Big Dairy Companies such as Amul, Mother Dairy , and other national and local milk co-operative brands that dominate India’s dairy sector has taken notice of the rising popularity, if not success, of soy, oat, and other alternatives to milk. As per The Economic Times report, India’s market for plant-based milk and meat replacements is quite tiny,…
Mother Dairy back in the black with a net profit of 186 Cr in FY 21
After two years of posting losses, Mother Dairy Fruits & Vegetables Pvt Ltd is back in the black with a net profit of ₹185.80 crore in FY20-21 compared to a net loss of ₹157.70 crore in FY19-20. However, according to its latest RoC filing sourced from business intelligence platform Tofler, the company’s total revenues remained…
Mother Dairy to set up 700 exclusive consumer stores in NCR by FY23
Mother Dairy on Thursday opened 15 kiosks in the NCT of Delhi in a single day. Of the 15 kiosks, nine have been established in 9 campuses of Delhi Skill and Entrepreneurship University (DSEU) and six in Delhi Cantonment area. Mother Dairy will establish over 700 exclusive consumer touchpoints in the national capital by 2022-23…
After Amul and Mother Dairy, Gokul also raise milk price by Rs 2 per liter
The Kolhapur District Milk Producers Cooperative Union, owner of the Gokul Milk brand, has announced an increase in the price of milk in Maharashtra by Rs 2 per liter from Sunday. However, this price increase will not be applicable to Kolhapur, Sangli and Konkan. A statement released on Saturday indicates that Gokul has increased the…
Mother Dairy to double its turnover from Rs10000+crores in next 4-5 years
Mother Dairy Pvt Ltd, the wholly-owned subsidiary of National Dairy Development Board, is aiming to double its turnover. It will be done over the next 4-5 years by strengthening its presence as a pan-India player. According to its filing with the Registrar-of-Companies (RoC), the company’s total revenues crossed the ₹10,000 crore-mark in FY 2019-20. In…
Early onset of summers will bring strong ice creams sales during season
The ‘warmest’ February and an early onset of summer is bringing cheer to ice-cream makers in India. After a nearly 90 percent drop in sales in 2020 due to COVID-19 pandemic, ice-cream makers are pinning their hopes on a strong summer season this year and have lined up new product launches. The lockdown, which was…
DAIRY NEWS MCA orders inquiry into books of Mother Dairy F&V Pvt Ltd
The government has ordered an inquiry into the books of Mother Dairy Fruit and Vegetable Private Ltd (MDFVL), a wholly-owned subsidiary of the National Dairy Development Board. Responding to a question in the Rajya Sabha, Minister of State for Finance and Corporate Affairs Anurag Thakur said, “An inquiry under Section 206 of the Companies Act,…
Mother dairy launches Mathura Peda and Laddoo on Uttarayan day
Giving a joyous start to 2021, Mother Dairy Fruit & Vegetable Pvt. Ltd., a wholly-owned subsidiary of National Dairy Development Board (NDDB), today announced that it will launch 5 new packaged products under its Mother Dairy and Safal brands, in the month of January 2021. The new packaged products are being introduced with the objective…