KMF to invest Rs 1000 crore for inorganic growth in Maharashtra and Goa
KMF’s Managing Director BC Sateesh said that the co-operative is planning to buy two plants; in Mumbai and one each in Goa and Pune. “The tenders for the acquisition in Mumbai have been issued. We have drawn a Rs 1000 crore expansion plan by acquiring the dairy processing units,” he said. On the spree of […]
KMF Milk launched in Vidarbha and plans are to scale from 10K-30K LPD
Karnataka Milk Federation (KMF) will sell 10,000 lpd of fresh milk in six districts of Vidarbha from August 1. The target is to increase this figure to over 30,000 litres covering the entire region by the end of 2021. Situated in eastern Maharashtra, Vidarbha region has 11 districts;Amravati, Akola, Bhandara, Buldhana, Chandrapur, Gadchiroli, Gondia, Nagpur, […]
Milk prices in Karnataka to be reduced by Rs 1.50 per litre from June 1
Milk unions in Karnataka will be reducing the purchase price of milk from farmers by Rs 1.5/litre from June 1. They are doing it due to the decline in dairy consumption amid the pandemic-induced lockdown. The bad news is that this low demand has occurred during a glut in production because of decent rains. The […]
DAIRY NEWS KMF milk sales down by 27% as time frame for milk sale shrinks
One of the largest milk farmers’ bodies in the country, the Karnataka Milk Federation (KMF) is facing a herculean task of sustaining during the curfew. A very short window of four hours between 6 a.m. and 10 a.m. for milk business to operate daily has brought down sales by over 27%. KMF has seen an […]
Amul plans to sell up to 4 mn litres of milk across the Southern region
Reported by Nidheesh MK and Sharan Poovanna For decades, legacy dairy cooperatives have dominated the southern states and made a tidy profit selling milk. Now, India’s largest dairy brand, Amul, is making a push to expand in the south, which could shake up the milk industry in the five states of the region. Amul, the force […]
Milk procurement prices again getting slashed in Karnataka : Unions seeking more price subsidy
Karnataka Milk Federation has created history in procuring more than 90 lakh litres of milk per day. During Covid-19 , the federation has seen a sharp decline in demand of its milk and milk products. KMF interestingly is a amongst the few federations who have been giving price subsidy to dairy farmers since a long […]
The toil behind smiles of dairy farmers in Karnataka-KMF story during Covid
Nandini is a second largest dairy brand in the country and third most popular brand under food and beverage category. The brand has a turnover of RS 14000 Crores and it represent over 9 lakh dairy farmers in Karnataka. KMF has 14 milk unions which collects milk from 254000 villages and caters to 10 million […]
Dairy is an IT business now, transacting in milk
This title may sound weird , but it is a fact in today’s environment. The government announced lockdown in last week of March 2020 which induced tremors in dairy industry. Most of the dairy companies were not riding the wave of IT led supply chain over online platforms. Amul has been investing Rs 600-800 crores annually […]