ITC introduces dairy beverage range Sunfeast Wonderz Milk in four variants
With this launch, the company has forayed into the rapidly-growing ready-to-drink milk-based beverage segment.
Himalayan Creamery collaborates with dairy tech startup Mr Milkman
Few other firms such as Milk Mantra, Whyte Farms, Amlaan A2 Milk, Go4Life and Milk Valley Farms have also collaborated with Mr Milkman for hassle-…
Karnataka's ice-cream brand Adityaa Milk to sell biz to HUL
Since HUL took over Kwality ice cream in phases after buying the trademark in 1994 or even after Malaysian PE firm Navis lapped up Nirula’s in 2006…
Amul Expects Rs 50K cr group turnover in 2019 fiscal
GCMMF, however, registered only 8 per cent increase in turnover to Rs 29,220 crore in financial year 2017-2018, owing to a decline in commodity…
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Ananda To Open 150 outlets in Kanpur, Invest Rs 10 cr for expansion
In addition to its six already present in the city, Ananda has revealed two company owned company operated (COCO) stores.
Mother Dairy faces attrition at top level management
The company which holds the one of the largest market share in the country registers sales of around Rs 8,000 crore.
Ananda Dairy Predicts Revenue To Rise By 30 percent
The company is planning to open 500 retail company-owned and company-operated outlets by end of next fiscal at places like Delhi-NCR, Haryana, Uttar…
Danone Exits Dairy Business in India
Danone was incurring losses on its dairy business and could not sustain maintaining its margin.
OMFED Partners With Grozip for online marketing of milk products
Odisha government had asked OMFED to start online marketing of milk and milk products in 2015
Amul cuts skimmed milk prices by 6-7 per cent on weak domestic demand
This decision has accounted for a decrease of the prices by about Rs 10 per kg making the the current prices of SMPs to be around Rs 220 per kg.
Dairy Q1 profit margins pulled down due to procurement cost and strike
Companies with increased focus on value-added products have maintained their profit margins in the June quarter despite interruption in milk supply…
?PepsiCo extends Quaker Oats brand to packaged milk
Beverage maker PepsiCo has said it is foraying in the dairy market by extending its Quaker Oats brand to packaged milk.
Amul to start selling vegetables and fruits in Ahmedabad
For this, GCMMF has roped in the National Dairy Development Board (NDDB) to carry out technical evaluation of the project.
HFL plans to set up five milk processing units across India
​HFL aims to achieve $1 billion in the next five years
Mother Dairy aims 20% growth from health segment
The milk portfolio accounts for a little over 70 per cent of its annual earnings but its contribution to overall sales is poised to fall to around 60 per cent by 2018-19 as sales of its value added dairy products pick up
Mother Dairy to hike milk prices of both poly pack and bulk vended milk in Delhi NCR by Rs.2 a litre
Mother Dairy said that they have increased farm prices by about Rs 2.5 – Rs 3 a kg over July and compared to last year the prices are up by Rs 5 - Rs 6 a kg.
Edible oil surpass dairy as India's largest packaged food items
Sales are increasing by more than 25 per cent in rural India, where increasing farm gate prices of cereals and vegetables are helping broaden the consumer base.
To prevent high nutritional deficiency disorder, NDDB asks dairy sectors to start fortification of food
Rath said milk is India's single largest agricultural commodity in value terms and is more than the combined value of paddy and wheat.
Kwality signs an agreement with Bank of Baroda for Rs 4000 crore loan to farmers
Kwality Ltd, a reputed dairy firm recently signed an agreement with Bank of Baroda for providing Rs 4,000 crore loans to the former's one lakh farmers.
International dairy players are not ready to take a dig at the Indian market
Non-milking cattle goes to slaughter house, which is not the case in India. So it's a big challenge for global dairy companies that want to enter the Indian market.
Mumbai based Prabhat Dairy launches Dahi with no preservatives
The company has adopted a unique model being used for first time in India called ‘Raftar’ which directly delivers fresh Dahi in chilled vans to 10,000 local grocery shops.
Jetha Bharwad becomes Amul's first vice-chairman
Since its start in 1973, this is for the first time that GCMMF created the post of vice-chairman by amending their by-laws recently.
ITC to invest Rs 1000 crore in juice, dairy biz
The Kolkata-based company will make the proposed investment in the short term on manufacturing capacity, marketing and brand building and distribution expenses.
Hassad Food files FIR against Bush Foods
Hassad Food, owned by Qatar Investment Authority has alleged that it invested around Rs 750 crore in Bush Foods in April 2013 for 69.5 per cent stake based on false financial statements and nonexistent inventory.