Page 2 - Amul Dairy

GCMMF turnover up 18% in FY23 to Rs 55,055 cr, eyes trillion rupees by 2025

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

Amul aiming to become a total foods and beverages company: MD Jayen Mehta

Commenting on high inflation in the dairy sector and three price hikes in the last one year, Mehta said that it was 'imperative' as 'cost of feed and fodder is a direct cost to the farmer'

Amul hikes milk prices by Rs 2 per litre for all markets except Gujarat

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Friday increased the prices of its milk brands by Rs 2 per litre for all markets except Gujarat. Jayen Mehta, Managing Director of the federation, made it clear that the hike in milk prices is not applicable to Gujarat and the new rates are meant only for other markets, including Mumbai, Kolkata and Delhi. The new prices will be effective from Friday morning, the GCMMF said in a statement.

Podcast: What's behind the rise in milk prices across the country?

Milk production may have increased, but the prices have risen sharply too. What's behind the rise in milk prices this year?

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

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

Is there a shortage of Amul dairy products in the market?

Amul's Pashudhan is opening an alternative business for farmers, eBay style

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

Amul Gold, buffalo milk rates rise by Rs 2/litre everywhere, except Gujarat

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.

India's milk output to jump 3-fold to 628 mn tonnes in 25 years: Amul MD

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 .

Amul, Mother Diary hike milk prices by Rs 2 due to rise in procurement cost

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

Amul bucked Covid blues, launched more than 100 products during lockdown

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

Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz

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

Amul dairy says bracing for sales disruption due to straws ban

India last week refused to waive an impending ban on straws that are packaged with small juice and milk beverage packs

Amul price hike: What does this mean for dairy-related stocks?

The price hike may spark a bullish rally in dairy-related stocks like Hatsun Agro Product, Heritage Foods and Parag Milk Foods indicate charts.

Amul to invest Rs 1,500 cr in 2 yrs to set up dairy, various other plants

GCMMF has forayed into edible oil and potato processing segments as part of its objective to boost income of farmers from Gujarat and other states.

This IITian and ex-Infy techie is creating India's first kiddie dairy brand

Gaurav Haran's firm has launched its Nutrinos brand of yoghurt in three flavours, and will soon be coming out with cheese-based snacks and flavoured milk as well

Affordability a key aspect in India as far as food is concerned: GCMMF MD

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

Amul brings nostalgia back in ads to stay relevant amid Covid-19 lockdown

Leaning in on nostalgia and its long-standing relationship with customers, the legacy brand strives to be seen and heard amidst a lockdown

Amul clocks 17% uptick in FY20 sales at Rs 38,550 cr in tepid dairy market

GCMMF has been achieving a CAGR of more than 17 per cent since last 10 years on the back of higher milk procurement

Govt will protect milk sector's interests under RCEP, says Amul MD

Amul Managing Director RS Sodhi told PTI he had a discussion with Goyal on RCEP on Wednesday