Milky Mist Plans ₹2,000 Cr IPO to Expand Nationwide
Milky Mist, a prominent dairy brand based in Erode, Tamil Nadu, is preparing for a ₹2,000 crore initial public offering (IPO) to support its expansion across India. The company has transitioned from a private limited to a public limited entity, now operating as Milky Mist Dairy Food Limited, and has appointed independent directors Radha Venkatakrishnan…
Tamil Nadu Targets 40 Lakh Litre Daily Milk Output
Tamil Nadu’s Minister for Milk and Dairy Development, Mano Thangaraj, has called upon more farmers to collaborate with the Tamil Nadu Cooperative Milk Producers’ Federation Limited (Aavin) to boost daily milk production from the current 35 lakh litres to 40 lakh litres. This initiative aims to enhance the state’s milk supply and strengthen the cooperative…
India-US Dairy Trade Talks Face Stalemate
India and the United States are in the final stages of negotiating a bilateral trade agreement, with agriculture and dairy sectors emerging as significant sticking points. India is advocating for a “zero-for-zero” tariff deal, seeking complete elimination of tariffs on goods from both sides. However, the U.S. is reportedly insisting on maintaining a 10% tariff…
U.S. Livestock Breeders Hit Hard by China Tariffs
The U.S. high-end livestock breeding industry has suffered significant financial setbacks following China’s retaliatory tariffs implemented in April 2025. These tariffs, a response to U.S. trade actions, have led to the abrupt cancellation of lucrative export deals, particularly with China, a major importer of American animal genetics since its 2018 African swine fever crisis. Dr….
Sudha Milk Prices Hiked by ₹2–₹3/Litre in Bihar
The Bihar State Milk Co-operative Federation Ltd (Comfed) has announced a price increase of ₹2–₹3 per litre for Sudha milk, effective from May 22, 2025. This hike applies to all milk variants and is implemented across Bihar and Jharkhand. The decision comes in the wake of rising operational costs and follows similar price adjustments by…
Govt to Establish 3 Multi-State Cooperatives for Dairy Sector Growth
The Indian government has announced the formation of three new multi-state cooperative societies aimed at bolstering the dairy sector’s sustainability and efficiency. This initiative focuses on enhancing animal feed production, implementing effective dung management practices, and promoting the circular use of dead cattle residues. Union Cooperation Minister Amit Shah, who chaired the meeting on sustainability…
GDT Dairy Prices Dip 0.9% in Season’s Final Auction
The Global Dairy Trade (GDT) auction on May 20, 2025, concluded the 2024/25 season with a 0.9% decline in the price index, signaling a cautious market sentiment. Cheddar cheese experienced a significant drop of 9.2%, settling at an average of US$5,007/MT, while lactose plummeted by 13.2% to US$1,398/MT. Whole milk powder, a key product influencing…
AI-Driven Startup MooRakshak Boosts Dairy Yields
MooRakshak Bio Sciences, an agritech startup incubated at IIT Kanpur, is revolutionizing India’s dairy sector through precision cattle nutrition. Leveraging AI and image processing, the company provides data-driven, cost-effective feed recommendations tailored to individual cattle needs. This approach has led to increased milk yields, reduced greenhouse gas emissions, and improved farmer incomes. The startup’s platform…
India Eyes Dairy Export Boost Amid U.S. Tariff Shifts
Media reports have suggested that retaliatory tariffs against American dairy may create an opening for India. While such optimism is understandable, a closer look reveals that these expectations warrant a more cautious assessment. India, the world’s largest milk producer, produces about 240 mn tonnes of milk annually. Yet, it accounts for less than 0.5% of…
India to Ease Liquidation of Defunct Dairy Cooperatives
Union Home and Cooperation Minister Amit Shah announced that the central government will soon introduce a policy to expedite the liquidation of defunct Primary Agricultural Credit Societies (PACS) and facilitate the registration of new ones. This initiative aims to revitalize the cooperative sector, particularly in the dairy industry. The government plans to establish 200,000 new…