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Dairy Companies

Assam-based Purabi Dairy pacts with NDDB to double output to 3 LLPD

The West Assam Milk Producers' Co-operative Union Ltd (WAMUL), which operates under the brand Purabi Dairy, on Sunday said it has joined hands with the National Dairy Development Board (NDDB) to double production to 3 lakh litres per day. The two organisations signed a Memorandum of Understanding (MoU) at the recent 'Advantage Assam 2.0' business summit for the Guwahati-based milk producer's expansion exercise. "The expansion project, estimated at Rs 100 crore, will increase Purabi Dairy's Panjabari plant's capacity from 1.5 LLPD to 3 LLPD, ensuring a steady supply of quality dairy products to meet growing consumer demand," WAMUL said in a statement. It will also see an increase in fermented milk product capacity from 20 metric tonnes per day (MTPD) to 50 MTPD and the establishment of a new ice cream plant with a capacity of 20 TLPD. Along with enhancing the supply chain, this will also ensure better returns for dairy farmers through value-added products, the company said. In July

Updated On: 02 Mar 2025 | 7:50 PM IST

Mother Dairy turnover may rise 15% to cross Rs 17K cr in FY25: MD Bandlish

Mother Dairy is likely to achieve 15 per cent growth in turnover this fiscal to more than Rs 17,000 crore on strong demand for its food products and expansion of production capacity as well as distribution network. Besides fresh milk and other dairy products, Mother Dairy sells edible oils under 'Dhara' brand and horticulture (fresh and frozen fruits & vegetables) items under 'Safal' brand. It is the leading milk supplier in Delhi-NCR. In an interview with PTI, Mother Dairy Managing Director Manish Bandlish noted that fiscal year 2024-25 marks a momentous milestone for the company as it completed 50th year of inception. "We are poised to conclude the year with an impressive growth of approximately 15 per cent, achieving a turnover exceeding Rs 17,000 crore," Bandlish said. In 2023-24, Mother Dairy had achieved a turnover of Rs 15,037 crore. Dairy business contributed about 75 per cent to the total annual revenue. "This strong performance is a testament to our strategic ...

Updated On: 16 Feb 2025 | 12:21 PM IST

Nandini milk to launch on Nov 21 in Delhi to rival Amul, other brands

By launching Nandini milk in Delhi, Karnataka Milk Federation aims to capture a share of the competitive North Indian dairy market, in direct competition with Amul

Updated On: 20 Nov 2024 | 4:56 PM IST

Will 'White Revolution 2.0' propel India's dairy sector to new heights?

India's overall milk production increased from 188 million tonnes in 2018-19 to 231 million tonnes in 2022-23 but the annual growth rate has dropped from 6.47 per cent to around 4 per cent

Updated On: 02 Oct 2024 | 9:54 AM IST

Dairy firm in midst of Tirupati laddu row once made liquid oxygen

The Tamil Nadu-based AR Dairy Food is facing scrutiny over the alleged presence of animal fat in the laddu preparation process at Tirupati Tirumala Devasthanams (TTD)

Updated On: 23 Sep 2024 | 10:48 PM IST

Mother Dairy aims to up FY25 revenue by at least 10% on summers, festivals

It currently has a network of nine own dairy plants and four Safal plants

Updated On: 12 Sep 2024 | 6:15 AM IST

MP govt to let NDDB operate cooperative dairies for 5 yrs; Cong opposes

The Madhya Pradesh government has given its consent to hand over for the next five years the operations of the Madhya Pradesh State Cooperative Dairy Federation and the milk unions affiliated to it to the National Dairy Development Board (NDDB). This decision was made during a meeting chaired by Chief Minister Mohan Yadav on Tuesday here in Bhopal. The opposition Congress, however, resisted the move, claiming that it was Gujarat co-operative dairy Amul's "backdoor" attempts to take over MP's state-run milk brand Sanchi. "During the meeting, it was agreed that the Madhya Pradesh State Cooperative Dairy Federation and its associated milk unions will be managed and operated by the NDDB for the next five years. For this, necessary approvals will be obtained and legal action will be taken," an official release said. CM Yadav said that there is a consensus on giving responsibility to the NDDB to increase the income of farmers and cattle keepers by making the state a leader in milk ...

Updated On: 11 Sep 2024 | 3:41 PM IST

Milk price rise: Will dairy stocks milk gains for investors? Analysts weigh

Analysts believe the momentum in dairy stocks such as Dodla Dairy, Heritage Foods, Hatsun Agro is here to stay

Updated On: 11 Jul 2024 | 12:16 AM IST

Dairy firm Heritage Foods looks East in line with pan-India ambition

In Odisha, Heritage launched its products about six to nine months back

Updated On: 11 Jul 2024 | 12:09 AM IST

Nandini milk price up by Rs 2 from June 26, quantity enhanced by 50 ml

The Karnataka Milk Federation (KMF) on Tuesday announced a hike in milk prices with effect from June 26, but it also said it would be enhancing the quantity of milk in its half and one litre packets by 50 ml. This comes days after the Karnataka government hiked sales tax on fuel, following which petrol prices have gone up by Rs 3 per litre and diesel by Rs 3.5 per litre in the state. "As it is the current harvest season, the storage of milk in all district milk unions is increasing every day and the current storage is close to one crore litres. In this background, the price of each packet is being increased by Rs 2 with an additional 50 ml of milk being given to the consumers only for each half liter (500ML) and one liter (1000ML) packets," KMF said in a statement. Currently, the 500 ml toned milk packet of Nandini costs Rs 22. With this hike, the 550 ml packet will now cost Rs 24. Similarly, the 1000 ml (1 litre) packet was priced at Rs 42 and will now be sold as 1,050 ml at Rs ...

Updated On: 25 Jun 2024 | 3:05 PM IST

PM Modi gives target to make Amul producer GCMMF world's biggest dairy firm

Prime Minister Narendra Modi on Thursday gave the target of making GCMMF, which owns Amul brand, the number one dairy company in the world from its current eighth position. The PM was speaking at the golden jubilee celebration of the Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its products under the brand 'Amul', at the Narendra Modi stadium here. "While the global dairy sector is developing at 2 per cent per annum, India's dairy sector is developing at 6 per cent," Modi said. "Today Amul (GCMMF) is the eight largest dairy company in the world, your target is to make it number one, the government will give all its support. This is Modi's guarantee," he said. Addressing thousands of members of the co-operative dairy union who had come from all over the state, Modi said after India's independence many brands were created, but none of them is like 'Amul'. PM Modi also said that the contribution of women is paramount in the development of the country's dairy .

Updated On: 22 Feb 2024 | 12:22 PM IST

Heritage Foods Q3 results: Profit surges 96% on strong dairy demand

Earlier this month, analysts at HDFC Securities said the demand for organised dairy products in India is going up due to rising income and a preference for healthier options

Updated On: 29 Jan 2024 | 5:30 PM IST

Akshayakalpa Organic announces new, modern dairy facility near Chennai

The facility is equipped with modern-day technology and has an impressive installed capacity of processing 40,000 litres of high-quality organic dairy products daily

Updated On: 22 Jan 2024 | 11:56 AM IST

Dairy products' stocks rally post Hatsun Agro's Q1 results; Dodla zooms 20%

The industry is likely to benefit from the much-anticipated flush season during October-November 2023

Updated On: 20 Jul 2023 | 3:20 PM IST

Cooler summer halts the dairy crisis, industry looks at a turnaround

What has caused this transformation and will it last? Milk industry veterans point to a couple of factors for this U-turn

Updated On: 07 Jul 2023 | 5:40 PM IST

Further dairy price hikes unlikely as companies cut procurement rates

Owing to a fall in demand, the procurement price of milk has been cut by Rs 3-5 per litre in Maharashtra, Punjab, Haryana and Uttar Pradesh

Updated On: 26 May 2023 | 10:13 AM IST

Shree Radhe Dairy eyes Rs 1,000 cr turnover by 2026, says founder Sukhadiya

Surat-based Shree Radhe Dairy is eyeing Rs 1,000 crore revenue by 2025-26, on the back of capacity expansion with an investment of Rs 70 crore, according to a top company official. "We have reached a turnover of Rs 100 crore for the fiscal year ended March 31, 2023, and are expecting to touch the Rs 1,000 crore mark by 2026. For this, we are expanding our ghee production capacity from the current 50,000 litre per day to 1 lakh litre per day. We have earmarked Rs 70 crore for this expansion," Shree Radhe Dairy founder and chairman Bhupat Sukhadiya told PTI on Monday. The company, which produces ghee, milk and butter milk under Vastu Dairy brand, is mainly focusing on ghee, 80 per cent cow and 20 per cent buffalo, he said, adding that the product is available in 25 states. "Our main focus is on production of ghee. For this, we procure milk from farmers from Gujarat, Maharashtra and Rajasthan," he said. Currently, Vastu Dairy is available through mom-and-pop-stores with a market share

Updated On: 24 Apr 2023 | 8:13 PM IST

Ease in margins seen from Q4 for dairy cos; stay stock selective: Analysts

Dairy stocks: Analysts see the benefits of price hikes to begin accruing from the March quarter onwards, while the financial year 2023-24 (FY24) will be a steady year for the industry's margins

Updated On: 21 Dec 2022 | 10:53 PM IST

Amul's utterly butterly supply melts; eateries switch to alternatives

Consumers across the country have reported a shortage of Amul butter in the market

Updated On: 30 Nov 2022 | 12:32 PM IST

Britannia Industries enters into a JV with French cheese maker Bel SA

It sells 49 per cent stake in Britannia Dairy for Rs 262 crore

Updated On: 29 Nov 2022 | 10:14 PM IST