Chitale Bandhu Expands Snack Portfolio, Eyes Global Markets
Chitale Bandhu, a legacy dairy brand from Pune, is undergoing a significant transformation into a modern Fast-Moving Consumer Goods (FMCG) player. With a recent ₹265 crore capacity expansion, the company aims to increase its market share in India’s ₹1 trillion salty snack market from 1% to 10%. The expansion includes the launch of new products […]
SIG to invest 40 mn euros for plant expansion in India
Global packaging solutions provider SIG will invest 40 million euros (around Rs 360 crore) in the second phase to increase capacity of its plant in India, a “key growth market” for the Swiss multinational, a top company official said. With the new tranche of fund infusion, the total investment of SIG at the Ahmedabad-based plant […]
Dodla Dairy: Poised for solid growth through expansion
With solid domestic and international performance, a new Maharashtra plant, and enhanced distribution channels, Dodla expects continued revenue and margin growth in FY26. The demand scenario for dairy products remains robust, post-festive seasons, with the management indicating an uptick in consumption patterns as summer approaches. Highlights: Revenue growth remains strong Expect improvement in margins Strategic […]
Dodla Dairy Poised for Robust Growth in FY25 with Expansion and Stability
FY25 is expected to see an accelerated double-digit growth for DDL, thanks to a pick-up in domestic milk volumes, commencement of a new plant in Kenya, and a massive increase in cattle feed capacity Outlook for DDL in FY25 Robust Growth Expected FY25 is poised for accelerated double-digit growth for DDL, driven by increased domestic […]
Godrej Jersey To Expand Its Retail Presence and Parlours Across India
Godrej Jersey, an Indian dairy company, is trying to make a move into the untapped potential of the milk market by addressing the competitive dynamics of the sector. Lucrative opportunities exist in areas such as value-added dairy products, organic/ farm fresh milk and exports. The market growth in Dairy requires support of significant infrastructure investment […]
Dairy firm Almarai to invest over $4.8 bln under five-year plan
The Middle East’s biggest dairy firm Almarai (2280.SE), plans to spend over 18 billion riyals ($4.8 billion) through 2028 under a new plan aimed at boosting growth while focusing on areas including supply chain capabilities and food security. Saudi Arabia’s sovereign wealth fund, Public Investment Fund, owns a stake of around 16% in the firm through […]
Mother Dairy to invest Rs 750 crore to set up 2 dairy, F&V plants
Mother Dairy will invest Rs 650 crore to set up two new plants for processing of milk as well as fruits and vegetables to expand its business amid rising consumer demand. Mother Dairy, which is a l eading milk supplier in Delhi-NCR, will also invest another Rs 100 crore to expand capacities of its existing […]
Amul’s MD says we are ruthless in protecting our turf
In an interview with CNBC-TV18’s Shruti Mishra, Jayen Mehta, the Managing Director of Amul, shed light on the company’s market dominance, strategic approach to competition, and its unique stance on public listing. Amul, often hailed as the market leader in various dairy product categories, prides itself on not only protecting its turf but also actively […]
Karnataka’s Nandini milk eyes TN market
Following Gujarat-based Amul, Karnataka’s Nandini milk is set to expand its footprint in Tamil Nadu. The entity will soon tie up with manufacturers and individuals here to pack, market and sell dairy products. Karnataka Cooperative Milk Producers’ Federation Limited (KMF), which manufacturers Nandini milk and other dairy products, has advertised that October 20 is the last date […]
Amul planning Rs 800-1,000 crore expansion of ice cream biz
Dairy major Amul is planning to invest up to Rs 800-1000 crore in its ice cream business to double its production capacity by the end of 2023, said GCMMF MD Jayen Mehta. Amul is owned by the Gujarat Cooperative Milk Marketing Federation (GCMMF). How many ice cream units does AMul plan to set up? Amul […]