Milky Mist gets SEBI nod for Rs 2,035 cr IPO, eyes expansion
Milky Mist Dairy Food Ltd, a Tamil Nadu-based value-added dairy products firm, has secured approval from the Securities and Exchange Board of India (SEBI) to launch an IPO worth about ₹2,035 crore (≈ fresh issue of ₹1,785 crore + offer-for-sale of ₹250 crore by promoters). The company plans to deploy around ₹750 crore of the…
Global Dairy Summit 2025: Sustainability & Innovation Insights
The 2025 IDF World Dairy Summit, held in Santiago, Chile, brought together global dairy leaders to discuss the future of the industry, with a strong focus on sustainability, innovation, and collaboration. The summit emphasized the pressing need for dairy sectors worldwide to adopt environmentally responsible practices, improve efficiency, and leverage technological advancements to meet growing…
Trump 5-Point Plan to strenghthen American beef industry
The latest Global Protein Digest highlights a sharp turn in global protein markets, where shrinking beef herds, volatile feed costs, and tight dairy supplies are rewriting trade equations. Worldwide, corn and soy prices remain unstable, while droughts in key regions have hit green fodder yields. With feed accounting for nearly 70% of dairy farm costs,…
EU Clears FrieslandCampina-Milcobel Merger, Enlarges Dairy Power
The European Commission has officially approved the proposed merger between Dutch cooperative FrieslandCampina and Belgian cooperative Milcobel. The deal, first announced in December 2024, will bring together operations processing around 10 billion kg of milk annually across nearly 11,000 member farms and 16,000 farmer‐members in the Netherlands, Belgium, Germany and northern France. The Commission concluded…
Nandini to Introduce QR Code to Combat Fake Dairy Products
Karnataka Milk Federation (KMF), under its flagship brand Nandini, will soon embed unique QR codes on all its dairy products to fight counterfeit and adulterated items. Each QR code enables consumers to verify product authenticity via smartphone scan, and the Federation has warned of legal action against falsifiers. KMF currently procures about one crore litres…
1 killed, 5 injured in blast at Ludhiana’s Verka milk plant
Ludhiana Milk Plant Boiler Blast: At least one man died and five others were seriously injured in a high-intensity blast at the Verka milk plant on the Ferozepur road in Ludhiana late Wednesday. The Verka brand is owned by the government’s milk procurement cooperative, Punjab State Cooperative Milk Producers’ Federation Limited (MILKFED). Sub Inspector Aditya Sharma,…
Thermal-Battery Chillers Revolutionising India’s Dairy Cold Chain
In an insightful report by Latitude Media, Promethean Power Systems’ thermal-battery technology is shown to be transforming cold storage for India’s dairy farmers. The system uses a phase-change “thermal battery” to chill milk rapidly, bypassing the limits of unreliable rural grids. Founded with an MIT grant in 2007, the company settled on dairy collection centres…
Dairy & Fisheries Co-ops to Serve as Bank Mitras: Financial Inclusion
The Ministry of Cooperation announced that dairy and fisheries cooperative societies will be designated as Bank Mitras of district central cooperative banks (DCCBs) and state cooperative banks (StCBs). Supported by NABARD, micro-ATMs are being deployed to these societies to enable door-step digital financial services in rural and semi-urban areas. The scheme began as a pilot…
Nandini Sweets Hits ₹46 Cr, Sets Record in Festive Season
Karnataka Milk Federation (KMF), through its Nandini sweets line, sold 1,100 metric tonnes of products and achieved a revenue of ₹46 crore during the Dasara–Diwali season—a 38% jump over last year. Last year, KMF had recorded 725-tonne volume and ₹33.48 crore turnover in the same festival period. KMF procures roughly one crore litres of milk…
Yili Leads Global Dairy Innovation & Sustainability Drive
Yili Group, China’s leading dairy firm, is ramping up efforts in both product innovation and environmental sustainability, according to an interview published by FoodBev Media. The company recently secured multiple nominations and wins at the International Dairy Federation (IDF) Dairy Innovation Awards at the 2025 World Dairy Summit, underlining its global ambitions. Key innovations include:…