Kerala LSG Minister urges Milma to use reusable cover
Minister for Excise and Local Self-Governments (LSG) M.B. Rajesh has urged the Kerala Cooperative Milk Marketing Federation (Milma) to shift to reusable covers. “Plastics that cannot be reused or recycled are the biggest challenge in environment conservation,” said Mr. Rajesh. “Milma can be a model. The responsibility of plastic waste is not with the consumer […]
Varun Beverages to expand capacities of juices, value-added dairy items in 2024
Varun Beverages, leading bottler of beverage major PepsiCo, is expanding its production capacities in the juices and value-added dairy products segments in 2024, according to the latest annual report of the company. Besides, Varun Beverages Ltd (VBL) is strengthening its distribution network and chilling infrastructure, which is essential to enhance presence in the existing and […]
Heritage Foods Bets on Premium Dairy Play
The second-largest FMCG firm on The Next 500 list focuses on value-added products such as curd, paneer, cheese and cold coffee to cash in on a growing industry. INDIA IS THE WORLD’S largest milk producer, accounting for 24% of global production. The domestic dairy sector has seen a paradigm shift in recent times, with a surge […]
Milk prices shall remain stable for a couple more quarters
Dodla Dairy’s MD, Sunil Reddy Dodla, foresees stable milk prices and positive growth for value-added products. In an interview with CNBC-TV18, Sunil Reddy Dodla, the Managing Director of Dodla Dairy, shared valuable insights into the current state of the dairy industry and the company’s strategic outlook for the future. He reassured consumers and stakeholders that […]
Dairy sector : Show me the money
It is an interesting time for the dairy industry globally. India is the world’s largest producer of milk in the world. Milk acts as an insurance policy for the farmer’s cash flow in India . It not only contributes almost one third of total value added by agriculture but 5% to Indian GDP also. It […]
Protest over Amul’s entry into TN appears political
Tamil Nadu Chief Minister MK Stalin has raised a protest over the entry of Amul into the milk procurement scene in the State. The point of contention is whether Gujarat’s Amul (which like Karnataka’s Nandini sells its value added products in all States) should be allowed to procure milk outside its home State, in Tamil […]
Mother Dairy announces aggressive plans for VAD segment
Mother Dairy Fruits and Vegetable Pvt Ltd is gearing up to strengthen its value-added dairy play with aggressive plans to launch nearly 100 products in the next three years. The leading milk and milk products major, on Tuesday, announced its new portfolio with over 15 new products for the summer season of 2023. The company […]
Upcoming ‘flush’ season holds the key to cooling milk prices – CEO Jersey
Indian dairy and cattle farmers have been barely recovering their input costs this year, thanks to the increase in fodder and fertiliser prices. As a result, dairy manufacturers have resorted to several price hikes. The flush season, or the period when milk production is high, will play a key role in moderating the prices of […]
Scorching summer makes Mother Dairy bullish on VADP led by ice-creams
Ice-creams category grows by 40-50 per cent over 2019 levels; to ramp up distribution and portfolio of sub-brand Nutrifit Amidst soaring temperatures and revival of out-of-home sales, Mother Dairy expects to rake in revenues of ₹2,000 crore in FY23 for its value-added dairy business comprising of products such as ice-creams and dairy-based beverages. The company also […]
WORLD DAIRY NEWS Dairy exporter Fonterra to invest $2.7 bln to grow and cut emissions
Fonterra Co-Operative Group Ltd , the world’s biggest dairy exporter, said on Monday it would invest about NZ$4 billion ($2.72 billion) by 2030 to move milk into higher value products, pursue growth, and reduce emissions. The New Zealand-based firm expects to return NZ$1 billion to investors over the next decade on the back of asset […]