Dairy Sector

PM Modi launches Unified Genomic Chip for cattle: How will it help farmers?

PM Modi launched the 'Unified Genomic Chip' to help farmers identify high-quality cattle early, which is aimed at enhancing dairy farming quality in India

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

Dairy sensitive sector; no plans to open up in any FTAs: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday said dairy is a sensitive sector in India as it involves livelihood issues of small farmers and there are no plans at all to give any kind of duty concessions under any Free Trade Agreements (FTAs) in this area. He said that India has not given any duty concessions in the dairy sector even to Switzerland and Norway under the EFTA (European Free Trade Association) trade pact, which was signed in March. With Australia also, he said, that the sector was discussed but India clearly conveyed the sensitivities involved in this area. "Our average holding with the farmer is small. It is 2-3 acre farm with 3-4 live stocks whereas Australia's farm and their dairy farms are both very large and it would be near impossible for these large and small farms to compete with each other on a common footing. "We had discussed this issue even three years ago and on earlier occasions also and the dairy is such a sensitive sector that in any of our

BL Agro, Sweden-based DeLaval sign MoU for participation in dairy sector

BL Agro's arm B L Kamdhenu Farms Ltd, has signed an initial pact with Sweden-based DeLaval for a partnership in the dairy sector with an investment of around Rs 1,500 crore. On the second day of World Food India 2024, B L Kamdhenu Frams signed a Memorandum of Understanding (MoU) with Sweden-based DeLaval. The MoU was signed in the presence of HE Jan Thesleff, Ambassador of Sweden, who was the chief guest at the event. "The partnership focuses on promoting a zero-waste economy and long-term sustainability in cattle breeding and dairy technology, with an investment close to Rs 1,500 crore," a company statement said. The collaboration is designed to harness advanced technologies and farming solutions including milking essentials, farm management and cow comfort. By integrating all components of the milk value chainfrom feed requirements to waste managementthe initiative aims to create a circular economy, driving both economic growth and environmental sustainability. Navneet Ravikar,

Amit Shah launches White Revolution 2.0: What is it; know key details

Country facing fodder shortage, working to enhance availability: Govt

India has shortage of animal fodder and the Department of Animal Husbandry and Dairying has been supplementing the efforts made by state governments to enhance fodder availability, union minister Rajiv Ranjan Singh alias Lalan Singh informed Parliament on Wednesday. To a query on whether the government was aware of the shortage of animal fodder faced by the farmers, Singh said in a written reply to the Rajya Sabha, "Yes Sir. The country is deficit in fodder". "The ICAR- Indian Grassland and Fodder Research Institute (IGFRI) Jhansi has estimated that there is a deficit of 11.24-32 per cent and 23 per cent for green and dry fodder, respectively, in the country," he added. The Department of Animal Husbandry and Dairying has been supplementing the efforts made by the state governments by implementing the Centrally Sponsored Scheme National Livestock Mission with a Sub Mission on Feed and Fodder Development since 2014-15, he highlighted. The scheme was realigned in July 2021 with the ..

Dairy industry to witness 13-14% revenue growth this year on strong demand

India's dairy industry is expected to witness healthy revenue growth of 13-14 per cent this financial year, as strong consumer demand continues along with improved supply of raw milk, a report said on Wednesday. While demand will be supported by rising consumption of value added products (VAP), ample milk supply will be driven by good monsoon prospects, Crisil Ratings said in a report. Rise in raw milk supply will also lead to higher working capital requirements for dairy players, the report noted. Though continued capital expenditure (capex) by organised dairies over the next two fiscals will result in debt levels inching up, the credit profiles will be stable supported by strong balance sheets. "Amidst modest growth of 2-4 per cent in realisation, the dairy industry's revenues are seen rising on healthy 9-11 per cent growth in volumes. VAP segment - 40 per cent contributor to the industry revenues - will be the primary driver, fueled by rising income levels and consumer transitio

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

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 ...

India to produce 30% of world's milk by 2030, says NDDB chief Meenesh Shah

Talking about the uses of renewable energy in the dairy sector, the Chairman and Managing Director of NDDB said that, the NDDB is trying to become a net-zero dairy by 2050 or 2070

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

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

Gujarat dairy sector booming as 3.6 mn farmers get Rs 200 cr: Officials

Gujarat's focus on animal husbandry has contributed significantly to the prosperity of the state's people as 36 lakh milk producers collectively receive Rs 200 crore daily from the Gujarat Cooperative Milk Marketing Federation (GCMMF), officials said. The dairy sector in the state has grown to Rs 1 lakh crore, they said. The upcoming 10th edition of the Vibrant Gujarat Global Summit, to be held in Gandhinagar between January 10 and 12, will provide a platform for the government to showcase the state's exponential growth in agriculture, horticulture and animal husbandry, Chief Minister Bhupendra Patel has said. As per a statement issued by the government, the agriculture, horticulture and animal husbandry sectors in the state are experiencing significant growth through a combination of natural farming and advanced technologies, contributing to the circular economy of Gujarat and advancing its global reputation in the dairy sector. "The upcoming Vibrant Gujarat Summit 2024 will showc

Growth in milk output slows in FY23 due to various diseases, LS informed

Milk production growth rate slowed down to 3.83 per cent last fiscal year due to diseases like Lumpy Skin Disease, Parliament was informed on Tuesday. In a written reply to Lok Sabha, Union Minister of Fisheries, Animal Husbandry & Dairying Parshottam Rupala said, "Annual growth rate of milk production in the country has come down to 3.83 per cent in the year 2022-23 from 5.77 per cent during the year 2021-22." Milk production stood at 230.6 million tonne in 2022-23, 222.1 million tonne in 2021-22 and 210 million tonne in 2020-21. However, he said, as per the latest statistics released by Food and Agriculture Organisation (FAOSTAT) of the United Nations, India maintains the position of the largest producer of milk in the world. "Diseases like Lumpy Skin Disease (LSD) was the main reason behind the slower growth of milk production in 2022-23," Rupala said.

Strong demand to boost revenue of dairy industry by 14-16% in FY24: CRISIL

Strong demand for value added products and stable consumption of liquid milk will lead to a 14-16 per cent revenue growth for the organised dairy industry in 2023-24, a report said on Thursday. With raw milk supply improving, there will be fewer price hikes and profitability will recover 20-50 basis points, Crisil Ratings said in the report. "We believe the strong revenue growth in VAP (Value Added Products) seen over the past few years will continue. This fiscal, the segment should grow 18-20 per cent and consequently, the share of VAP in overall revenue could rise to 40 per cent from 35 per cent four fiscals back," Crisil Ratings Senior Director Mohit Makhija said. He also said that given that demand from both retail and institutional segments remained strong, the share of VAP will continue to rise and on the other hand, liquid milk revenue will grow 8-10 per cent this fiscal backed by steady demand. Further, the report said that in the last fiscal, disruptions in raw milk supply

Karnataka's dairy brand Nandini puts on hold its Kerala expansion plan

Popular Karnataka dairy brand Nandini, which opened a few of its outlets in Kerala recently, has decided to put on hold its expansion plan in this southern state. Kerala Minister for Animal Husbandry, Dairy Development, and Milk Cooperatives J Chinchurani said she has received information in this regard from the CEO of the Karnataka Milk Federation (KMF), which uses the trade name Nandini. "Information has been received from the CEO that Nandini will not open new outlets in the state for the time being," the minister told reporters here. Welcoming the KMF's decision, Chinchurani said this shift has come in the wake of change of government in Karnataka following the victory of the Congress. She also said the state wanted the milk and milk products of the Kerala Cooperative Milk Marketing Federation's (KCMMF) Milma. The CPI (M)-led LDF government in Kerala had recently expressed concern over the entry into the state of milk and dairy products from Karnataka's Nandini. The Kerala ..

Milk shortage was created and no crisis anywhere: Parshottam Rupala

Briefing the media on the Modi government's achievements during the last nine years, Rupala said the sector is likely to grow at 7 per cent in 2023-24 against over 6 per cent in 2022-23

Shah holds meeting with NDDB members; discusses issues of dairy sector

Cooperation Minister Amit Shah on Thursday held a meeting with NDDD's board members here to discuss issues related to the dairy sector. National Dairy Development Board (NDDB) has been constituted as a body corporate and declared an institution of national importance by an Act of Parliament. According to a government official, Shah held a meeting with board members of the NDDB in the national capital. He discussed the future roadmap and various issues related to the dairy sector. Meenesh C Shah is the Chairman of Anand-based NDDB. NDDB was created to promote, finance and support producer-owned and controlled organisations. Its programmes and activities seek to strengthen farmer-owned institutions and support national policies that are favourable to the growth of such institutions. Fundamental to NDDB's efforts are cooperative strategies and principles. NDDB's efforts transformed India's rural economy by making dairying a viable and profitable economic activity for millions of mil

Dairy sector plays a special role in making women self-reliant: President

President Droupadi Murmu on Monday said the dairy sector has a special role in making women self-reliant and changing their social and economic status. Addressing the convocation function of the Indian Council of Agricultural Research-National Dairy Research Institute (ICAR-NDRI) here, Murmu said women have over 70 per cent participation in the dairy sector and should be provided easy loans and market access to set up new ventures. Murmu said women power plays an important role in the dairy industry in India. "The dairy sector has a special role in making women self-reliant as well as in changing their social and economic status," she said. Therefore, there is a need to provide them with more opportunities in education, training and skill development. Women should also be provided easy loans and market access to set up ventures in the dairy sector, she said. Congratulating the students who received degrees and medals at the convocation function, the President said it is a matter o

High milk prices likely to continue till October: Mother Dairy MD

For the next six months, we will have a portfolio of various categories, says Manish Bandlish