RBI uses milk supply data for dairy farmer loans
For many farmers or dairy farmers, getting a bank loan is impossible for want of any credit history. But here is a solution: A new platform by the Reserve Bank Innovation Hub that enables a borrower to tap into the data on milk sold by the dairy farmer to Amul or the land records available […]
Vipul Chaudhary sentenced to 7 years in prison for graft
A Gujarat court on Thursday sentenced former minister Vipul Chaudhary, 57, and 14 others to seven-year imprisonment after convicting them in the case related to siphoning off ₹750 crore from the Mehsana District Milk Producers Federation, popularly known as Dudhsagar Dairy. The dairy is India’s largest co-operative dairy and part of the Gujarat Co-operative Milk Marketing […]
Amul caught in a fresh row over new AP dairy project
Co-operative giant Amul is trapped in a fresh controversy. This time trouble is brewing around its new dairy project in Andhra Pradesh. The dairy major, owned by Gujarat Milk Marketing Federation, is investing ₹385 crore to revive the Chittoor Co-operative Dairy. While it is geographically a strategic investment for Amul as it is close to […]
Amul to add 80 lakh litres of milk processing capacity
Gujarat Cooperative Milk Marketing Federation, which sells milk products under the Amul brand, will invest Rs 4,000-5,000 crore over the next two to three years, largely into milk processing plants across the country. “We would be adding about 15-16 new plants, as we plan to go closer to the consumers,” said Jayen Mehta, managing director […]
CM to lay stone for Amul Dairy unit in Chittoor on July 4
Chief Minister Y.S. Jagan Mohan Reddy is scheduled to lay the foundation stone for an Amul Dairy unit here on July 4 (Tuesday). The Gujarat-based cooperative dairy, which took over the defunct Chittoor-based Vijaya Dairy through a 99-year lease, will be investing ₹385 crore, which includes setting up an ice cream plant with ₹150 crore, […]
Greater Guwahati Dairy Farmers’ raises milk prices by Rs 5/ltr
In a recent development, the Greater Guwahati Dairy Farmers’ Association has announced a substantial increase in milk prices in Guwahati, India. According to reports, the decision to raise the prices by Rs 5 per litre was driven by the surge in fodder costs, posing challenges for dairy farmers. Consequently, the new rate for a litre […]
Sylvester daCunha, creator of iconic Amul girl, no more
Sylvester daCunha, the man who created Amul’s Utterly Butterly girl, is no more. The advertising legend, who conceived the rosy-cheeked blue-haired moppet wearing a polka-dot frock as Amul’s mascot in the 1960s, passed away in Mumbai on Tuesday night. daCunha, who was equally renowned for his theatrical talent penning several English plays, was in his […]
Congress’ methods of milking division hurt the Dairy industry
Congress is known to be a party since Independence that thrives on divide & rule policy. Right from dividing our country based on religion, it went on to divide on the basis of caste, language etc. Now, it has reached a disgusting level of creating a divide based on economic origin – which is absolutely […]
Amul Dairy taps fast-growing poultry , fish feed and pet food
The milk business is no longer about just cows and buffaloes. The Kaira District Co-operative Milk Producers Union Limited (KDCMPUL), popularly known as Amul Dairy, has now started tapping the rapidly expanding poultry sector. Amul Dairy which has one of the largest cattle feed manufacturing unit has now launched Amul poultry feed for farmers. And […]
Amul’s expansion plan is signal for other coop to shape up
Amul, the local and biggest FMCG brand in India, is in an aggressive expansion mode. Its hunger for growth well beyond the home state of Gujarat is both natural and disturbing. For some state cooperatives in the south, and now increasingly in Madhya Pradesh, Amul’s aggressive expansion into their territories has become a source of […]