As whole sale milk price simmer, dairy cos may take further hike
With the price of wholesale milk continuing to rise across the country, dairy companies will need to increase prices again in the second half of FY23, according to a report by ICICI Securities. These companies will need to focus on increasing the share of Indian value-added products to protect their profitability, analysts at the brokerage […]
Assam: Purabi Dairy hikes milk procurement rate
Bringing cheers to thousands of dairy farmers, West Assam Milk Producers’ Cooperative Union Ltd (WAMUL) on Monday said it has hiked the milk procurement rate by Rs 2 per kg with immediate effect. The decision by the Guwahati-based cooperative, which markets milk and milk products under the Purabi Dairy brand, will directly benefit around 25,000 […]