Shifting Consumer Preferences and Buying Habits
With some consumer companies reporting poor September quarter numbers, stock market investors are being fed many interesting theories about the state of the Indian economy and consumers. Are rising rents prompting folks to skimp on their daily bread and cookies? Are sluggish Maggi and Kitkat sales a sign of a middle-class squeeze? Should patchy sales…
Mother Dairy posts net profit of ₹106 crore in FY24
Mother Dairy and Vegetables Pvt Ltd was back in the black in FY23-24. The packaged dairy and food company posted a net profit of ₹106.27 crore in FY 24, as per its RoC filing sourced from business intelligence platform Tofler. In FY23, the wholly-owned subisidary of NDDB, had posted a net loss of ₹133.32 crore….
Mother Dairy to market NCOL’s organic products in Delhi
Mother Dairy has entered into a memorandum of understanding (MoU) with NCOL to distribute the ‘Bharat Organics brand across multiple channels and geographies. New Delhi: Mother Dairy on Tuesday said it has signed an agreement with the National Cooperative Organics Ltd (NCOL) to exclusively distribute the latter’s organic products under the ‘Bharat Organics’ brand in Delhi-NCR….
OBJECTIVES OF NATIONAL PROG FOR DAIRY DEVELOPMENT (NPDD)
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 2025-26with the following two components: (i) The Component ”A” of NPDD focuses on creating/strengthening of infrastructure for quality milk testing equipment…
Link farmers with cooperatives to raise milk production-Yogi
To boost cooperative dairy in the state, Chief Minister Yogi Adityanath has issued directions to enhance the operations of the Pradeshik Cooperative Dairy Federation. Reviewing plans to expand its reach and increase its membership on Monday, the CM said there should be healthy competition among milk cooperative societies and dairy unions. The CM said that employees…
Milk Brands Face Backlash Over Additives in Cow Feed
Arla Foods has announced some of its farmers will be trialing adding a new ingredient to the feed for their dairy cows which is meant to reduce the amount of methane the livestock produce in their burps. It does this by stopping an enzyme in the cows’ stomach that is responsible for producing methane, it is…
Himachal’s Dairy Revolution: ₹5.96 Crore profit
The Himachal Pradesh Milk Federation has ushered in a new era for the state’s dairy industry, earning a commendable profit of ₹5.96 crore in the financial year 2023-24. Operating across 11 districts, the Federation has adopted the successful Anand model of Gujarat to enhance milk collection, creating opportunities for farmers and strengthening the dairy ecosystem….
Joint Closing Statement by the IDF and GDP for COP 29
COP29 has concluded in Baku, Azerbaijan, and the International Dairy Federation (IDF) and Global Dairy Platform (GDP) reaffirm the global dairy sector’s steadfast commitment to a sustainable food system, climate action, and global nutrition security. The dairy sector continues to prioritize environmental progress while producing nutrient-dense food and generating positive socio-economic impact in a world…
Is India Losing the Creamy Legacy of Its Buffalo Milk?
National Milk Day 2024 marked the 103rd birth anniversary of Dr. Verghese Kurien, the Father of the Milk Revolution in India. The Government of India celebrated the occasion on a grand scale, conferring the prestigious Gopal Ratna awards and honoring Dr. Kurien’s remarkable legacy. On this day, the Department of Animal Husbandry and Dairying (DAHD)…
National Milk Day celebrated at Purabi Dairy
Purabi Dairy, a milk and dairy products manufacturing company in Northeast has sold nearly 1 lakh units of its falvoured drinks in just five months, S.K. Parida, Managing Director West Assam Milk Producers’ Co-operative Union Ltd. (WAMUL) told Business North East (BNE). On November 26, National Milk Day, Purabi Dairy organized a free milk distribution campaign,…