Kerala Cuts Power Tariffs for Dairy Farms, Boosting Sector Relief
The Kerala State Electricity Board (KSEB) has decided to reclassify dairy farms under the ‘agricultural’ consumer category for electricity, significantly lowering power tariffs for these units. Milma (Kerala Co-operative Milk Marketing Federation) has hailed the decision as a long-overdue relief for the state’s struggling dairy farmers, who had been demanding the reclassification to reduce escalating […]
Milma Weighs Milk Price Hike Amid Cost Pressures
Kerala’s state co-operative, Milma, is exploring a potential milk price revision following farmer demands driven by rising feed and operational costs. Regional unions across Malabar, Ernakulam, and Thiruvananthapuram are compiling reports for the federation’s end-of-month board meeting Currently, retail milk sells at ₹52/litre, while farmers receive ₹42–48/litre based on quality. Production costs now average around […]
Milma Achieves ₹4,327 Cr Revenue, Enhances Farmer Incentives
The Kerala Co-operative Milk Marketing Federation (Milma) has reported a record revenue of ₹4,327 crore, marking a significant milestone in its operations. In response to this achievement, Milma is set to enhance incentives for dairy farmers, aiming to bolster milk production and ensure consistent supply. The federation’s strategic initiatives focus on strengthening the dairy sector’s […]
Milma looks to new products, including baby food, to match competition
The Kerala Co-operative Milk Marketing Federation (KCMMF), which sells milk and milk products under the Milma brand, is looking to new value-added products, including baby food, to meet challenges from both private brands and milk cooperatives. The slew of new value-added products will add a new chapter to the history of the apex milk cooperative […]
Milma in talks to export dairy products to U.S., Europe
The Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as Milma, is in talks with international business networks to export its high-value dairy products to the U.S. and Europe. Milma Chairman K.S. Mani said the milk cooperative was exploring the export potential of its long-shelf-life products, such as clarified butter (ghee) and milk powder, from […]
Milma, Kerala Bank sign MoU to extend credit
Milma, aimed at enhancing credit flow to the dairy sector, has signed an MoU with Kerala Bank to ramp up credit support to dairy farmers. The MoU was exchanged by Milma Managing Director Asif K Yusuf and Kerala Bank CEO Jorty M Chacko in the presence of Milma Chairman KS Mani and Kerala Bank President […]
Milma increased milk prices for farmers by Rs 15/liter
The annual general body meeting of Milma’s Thiruvananthapuram Regional Cooperative Milk Producers’ Union (TRCMPU), held on Thursday, announced an additional price of Rs 15 per litre of milk procured from farmers affiliated to the cooperative societies under it. The meeting, presided over by chairman Mani Viswanath, also announced a cattle feed subsidy of Rs 200 […]
Ksheerasree portal for collection, distribution of milk launched in Kerala
Kerala Chief Minister Pinarayi Vijayan has launched Ksheerasree portal, an online system facilitating the seamless collection and distribution of milk from dairy cooperatives. Set up by the Dairy Development Department, the portal is a first-of-its-kind facility in the country, enabling the integration of all government services for the dairy sector under one umbrella. The Chief Minister […]
Milma clocks 5.52% growth in turnover for 2023-24
The Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as Milma, has recorded a turnover of ₹4,346.67 crore for the 2023-24 financial year, reflecting a growth of 5.52% over the previous fiscal year. In 2022-23, Milma’s turnover stood at ₹4,119.25 crore. The financial results were disclosed at the 51st annual general body meeting held at […]
Milma’s Malabar Union hikes milk procurement price by ₹2
The Malabar Regional Co-operative Milk Producers’ Union (MRCMPU) of Milma has announced an additional incentive of ₹2 per litre for milk procured from dairy farmers for three months starting from June 1, which also marks World Milk Day. The decision will increase the procurement price of milk from ₹45.95 per litre to ₹47.95 per litre, […]