500 crores export subsidy for SMP could bring 270 million USD and 120 million smiles

Maharashtra government finally ended their scheme of collecting 1 million LPD of milk at Rs 25 per litre on tuesday. The scheme was extended twice since April 2020. Farmers associated with state cooperatives were the major beneficiaries. The total collection of milk under this scheme could reach to maximum of 5.5 lakh litres per day….

Reliance – Big Bazar deal may soon be closed at Rs 27000 Crores

Reliance group (RIL) has reached the final stages of negotiations to take over Big Bazar. As per the market reports the deal is likely to be structured around Rs 27000 Crores. This acquisition would create significant consolidation in India’s retail market. Kishore Biyani has been building his organised retail business since the late 1980s. In…

Seven listed dairy stocks almost doubled their investor’s wealth during Covid

The whole world is facing the wrath of Covid-pandemic since early this year. Most businesses were shut down during the lock down and have not been in a position to recover till now. During the same period, essential products witness higher demand. Milk and milk products emerged as the least impacted sector during the pandemic…

FSSAI and ASCI verifying immunity claims of food products launched during Covid

Dairy and food companies launched a large number of healthy products during the lock down period. There are three key elements of new product development namely health and nutrition, indulgence and convenience. Most of the companies focussed on health and nutrition while developing and launching their products. Also read Mother Dairy Launches Haldi Doodh Ayush ministry…

FSSAI’s standards of Paneer creates opportunity for differentiation

Covid times has taught us a lot about healthy and nutritious food. Consumers became more aware on their food selection and intake. The consumption of animal meat products reduced to very low level . It was because of the fact that Corona has emanated out of an animal. Social media has promoted the immunity boosting…

MD of Mehsana district milk Union suspended

Dudhsagar dairy board has taken a decision to suspend it’s Managing Director Mr Nitish Baxi with immediate effect. 600 MT of adulterated ghee caught from their Rajasthan based manufacturing facility. Dudhsagar manufactures milk and milk products under Amul and Sagar brands. The sample of ghee was first checked at Amulfed Gandhinagar plant . It contained 16% palm…