Milk Consumption

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under the 'Amul' brand, is expecting double-digit growth in revenue during this fiscal on strong demand, its MD Jayen Mehta said. GCMMF had seen a demand of nearly Rs 60,000 crore last year. GCMMF's turnover increased 8 per cent in the 2023-24 financial year to Rs 59,445 crore. In an interview with PTI, Mehta said the co-operative has witnessed growth in demand across all product categories, including fresh milk, cheese and ice cream, during the first eight months of the current 2024-25 fiscal. "We are expecting a double-digit growth in the turnover," he said when asked about the revenue outlook for the full financial year. Mehta said the GCMMF handled 310 lakh litre of milk per day on average during the last fiscal. It has a total annual milk processing capacity of around 500 lakh litre. On the expansion plan, he said the GCMMF had announced plans to invest Rs 11,000 crore to expand its capaci

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59% stuck to their preferred brands, 19% cut down on consumption; 16% moved to cheaper alternatives of the same brand; a small number bought local milk or completely stopped consumption

In milk, around 80 per cent of what consumers pay is passed on to the farmers in the form of procurement price

GCMMF, which sells milk under the Amul brand, has hiked the prices of Amul Gold and buffalo milk by Rs 2 per litre each across all markets except Gujarat. "Prices have been increased by Rs 2 per litre for Amul Gold and buffalo milk due to increase in fat prices," Gujarat Cooperative Milk Marketing Federation (GCMMF) managing director R S Sodhi told PTI. Prices have been raised for all markets except Gujarat, he added. The Cooperative had last increased the milk prices on August 17 by Rs 2 per litre citing rise in milk procurement cost. GCMMF passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers. Apart from Gujarat, GCMMF mainly sells milk in Delhi-NCR, West Bengal and Mumbai. GCMMF sells more than 150 lakh litres of milk per day and out of the total quantity, Delhi-NCR accounts for nearly 40 lakh litres per day.

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India's milk production is expected to jump three-fold to 628 million tonnes in the next 25 years with an average annual growth of 4.5 per cent, Amul Managing Director R S Sodhi said on Monday. The country's milk production was 210 million tonnes in 2021, the MD of Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, said. "Milk production in India is projected to grow at a CAGR of 4.5 per cent to reach 628 million tonnes in the next 25 years," he said while giving a presentation on the outlook of the Indian dairy sector over the next 25 years. Sodhi was speaking at International Dairy Federation World Dairy Summit (IDF WDS) 2022, being organised at India Expo Centre & Mart here during September 12-15. India's share in global production is estimated to nearly double to 45 per cent in the next 25 years from 23 per cent now. The demand is also set to increase because of the rising population, Sodhi said. The demand for milk is .

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We plan to touch Rs 1 trillion of Amul brand's turnover in next five years, says GCMMF MD R S Sodhi

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