GCMMF

Amul will enter the European market by the end of this month after launching its products in the US, GCMMF Managing Director Jayen S Mehta said on Monday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand. "We will be launching milk...fresh products in Europe by the end of this month," he said at the annual convocation of Indian Institute of Foreign Trade (IIFT) here. The company will launch the products in Spain first and then look at expanding to other countries in Europe. He also said that non-tariff barriers are being faced by the Indian dairy industry in other countries and removal of those will help in increasing exports. "Try to create a market opportunity for us," Mehta said adding that milk is a source of livelihood for more than 10 crore families in the country and most of the producers are small and marginal farmers. India allows the import of dairy goods at a 30 per cent duty. Amul has a turnover of Rs 80,

Southern states see threats to the cooperative value chains with GCMMF's attempt to enter the procurement business

The entry of Amul in Karnataka is being seen as an attempt to trample upon KMF and its brand 'Nandini'

In January, Sodhi stepped down from the role of MD of GCMMF

GCMMF, which sells dairy products under the Amul brand, on Sunday said its revenue grew by 18.5 per cent last fiscal to Rs 55,055 crore on better demand. In a statement, the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) said it has registered a provisional turnover of Rs 55,055 crore for the financial year 2022-23. The turnover growth of 18.5 per cent is largely due to demand for branded consumer products, it added. "Our fresh products grew by 21 per cent with a contribution of 50 per cent to the GCMMF turnover and ice cream range grew by 41 per cent. "Our consumer products have registered a growth of 23 per cent YOY with products such as cheese, butter, UHT milk, milk beverages, paneer, cream, buttermilk and dahi having grown at 20-40 per cent," GCMMF said. The provisional unduplicated group turnover of member unions of the Amul group has crossed Rs 72,000 crore (USD 9 billion) last fiscal. With a focus of increasing our distribution across top 400 towns in terms of

GCMMF plans to achieve sales turnover of Rs. 1,00,000 crores by 2025

Gujarat spared; in milk, 80% of consumer price is passed on to farmers as procurement cost

Jayen Mehta appointed as interim MD with immediate effect of Amul

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

In the "Pashudhan" tool of Amul's Milk Producers' app, the cattle rearers can upload pictures of their cattle and enter details like the day's milk yield and breed in order to sell them

The hike -- which comes days before Janmashtami celebrations and months ahead of the flush season when milk supplies usually rise -- may impact household budgets

Inoculation drive in full swing as over a million cattle get vaccinated

At a time when other food and beverage (F&B) brands took a hit during the lockdown, Amul was on a product-launching spree.

Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover

India's leading dairy cooperative GCMMF, which markets dairy products under Amul brand, is expecting an 18% growth in turnover this fiscal year to around Rs 46 bn on better demand, said MD RS Sodhi

The second of a 5-part series looks at the challenges in food export business

After his election to the top post, Patel said his priority will be to ensure better procurement prices for milk producers

The consolidated turnover of the Amul brand of products exceeded Rs 52,000 cr in 2019-20, the Gujarat Cooperative Milk Marketing Federation, which sells and produces Amul products, said

Currently, GCMMF has two smaller plants in Punjab that largely make liquid milk, curd and buttermilk, and is looking to expand capacity in this space in the state

Unduplicated group turnover of Amul brand crosses Rs 410 bn, up 10%