New-age dairy firms changing milk consumption paradigms in India

New age dairy firms in India are promising the discerning Indian consumer not just high-quality milk, but also an array of value-added products. Except for Amul and Mother Dairy, India’s traditional milk co-operatives, however, are trying to keep pace, not very successful though. Milky Moo an app-based retailer owned by dairy start-up Milk Mantra has […]

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PLI scheme in food processing to assist Parle Products increase its expects by 20-25%

Mumbai-based biscuits major Parle Products expects 20-25 per cent growth in exports on the back of the government’s production-linked incentive (PLI) scheme in the food processing sector, for which it has received approval. The company, which exports its products to over 100 countries globally, feels that the PLI scheme will help it in becoming cost […]

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India’s GCMMF eyes expansion as milk sales increase significantly

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The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the brand Amul, expects a 12-15 per cent growth in revenue in the current fiscal year over the previous year despite the COVID-19 pandemic and operational hurdles after a nationwide lockdown, The optimism stems from the growing household demand for branded food […]

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Amul plans to invest Rs 1,500 crore to set up dairy, edible oil, bakery and potato processing plants

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The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), owner of the famed Amul brand in India, has plans to invest around Rs 1,000 crore over the next two years to set up milk processing plants. Another Rs 500 crore will be invested on facilities for new products like edible oil, Managing Dierctor R S Sodhi […]

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