Amul

GCMMF, which markets dairy items under Amul brand, on Saturday announced reduction of retail prices of more than 700 product packs, including ghee, butter ice cream, bakery and frozen snacks, as it decided to pass on benefits of the GST rate cut to consumers. The new price will be effective from September 22. In a statement, Gujarat Cooperative Milk Marketing Federation (GCMMF) announced revision in price list of more than 700 product packs, offering full benefit of GST reduction to its customers, effective September 22, 2025. "This revision is across the range of product categories like butter, ghee, UHT milk, ice cream, cheese, paneer, chocolates, bakery range, frozen dairy and potato snacks, condensed milk, peanut spread, malt-based drink, etc," GCMMF said. The MRP of butter (100 gm) has been reduced to Rs 58 from Rs 62. Ghee rates have been cut by Rs 40 to Rs 610 per litre. The MRP of Amul processed cheese block (1kg) has been cut by Rs 30 to Rs 545 per kg. The new MRP of fr

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This is a 3-4 per cent increase in MRP, which the co-operative said is much lower than the average food inflation

Prices of Amul milk across all variants in the country will be raised by Rs 2 per litre with effect from May 1 (Thursday), the marketing federation which owns the popular dairy brand announced on Wednesday. The increase of Rs 2 per litre translates into a range of 3-4 per cent hike in MRP (maximum retail price) which is much lower than average food inflation, the Gujarat Cooperative Milk Marketing Federation (GCMMF) said in a release. The Anand, Gujarat based federation markets dairy products under the 'Amul' brand. Following the increase, 500ml pouch of Amul Gold milk will now be available for Rs 34, while 'Shakti' variant of 500ml will cost Rs 31 in Gujarat, said the release.

Jayen Mehta, managing director (MD) at Amul told Business Standard, "We are now aiming for Amul to be a ₹1-trillion brand in FY26 as we expect the strong growth, seen across categories, to continue"

India's leading dairy brand Amul's revenue is expected to rise more than 10 per cent to about Rs 1 lakh crore this fiscal due to rising consumer demand for milk and its products. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) sells dairy products under the 'Amul' brand. Besides, its 18 district cooperative milk producer's unions sell on their own in local district markets. In an interview with PTI, GCMMF Managing Director Jayen Mehta said the total revenue of the Amul brand is likely to touch Rs 1 lakh crore in 2025-26 fiscal against around Rs 90,000 crore in the previous year. "At GCMMF, we are targeting a 14 per cent growth this fiscal to Rs 75,000 crore," Mehta said, anticipating demand growth. The turnover from direct marketing of Amul products by 18 member unions will be around Rs 25,000 crore this fiscal, taking the total revenue to Rs 1 lakh crore. During the last 2024-25 fiscal, Mehta said the GCMMF recorded an 11 per cent rise in its revenue to Rs 65,911 crore

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under the 'Amul' brand, recorded an 11 per cent rise in its revenue to Rs 65,911 crore for the last fiscal, mainly driven by an increase in volumes across all categories, its MD Jayen Mehta said. GCMMF's turnover increased 8 per cent in 2023-24 to Rs 59,259 crore. "Our revenue during the 2024-25 financial year grew by 11 per cent to Rs 65,911 crore. We have clocked double digits across all product categories," Mehta told PTI. There has been decent growth in the last two quarters of the 2024-25 financial year, he added. "The rise in turnover was largely driven by volume growth. We did not increase prices much," Mehta said. Only in June last year, he said, the milk prices were raised because of a rise in input costs. In January this year, GCMMF reduced the prices of one-litre packs by Rs 1 per litre across India to encourage consumers to buy larger packs. The GCMMF Managing Director expects to ..

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The price cut comes as Gujarat's dairies experience a milk surplus, and several GCMMF unions have lowered milk procurement prices from farmers

Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has reduced milk prices by Rs 1 per litre across India. However, the reduction in prices is only for one-litre packs. "We have reduced the prices of one-litre packs by Rs 1 per litre across India," GCMMF managing director Jayen Mehta told PTI. "This is to encourage consumers to buy larger packs of milk and get incentive for the same," he said. In Delhi, the rate of Amul Gold milk has been reduced to Rs 67 from Rs 68 per litre while price of Amul Taaza will now be Rs 55 from Rs 56 per litre earlier. GCMMF's turnover increased 8 per cent to Rs 59,445 crore in the 2023-24 financial year. Mehta had earlier said that the cooperative is expecting double-digit growth in revenue during this fiscal on strong demand. GCMMF handled 310 lakh litres of milk per day on average during the last fiscal. It has a total annual milk processing capacity of around 500 lakh litres. GCMMF is the w

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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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Amul will enter the European market by the end of this month after launching its products in the US, GCMMF Managing Director Jayen S Mehta said on Monday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand. "We will be launching milk...fresh products in Europe by the end of this month," he said at the annual convocation of Indian Institute of Foreign Trade (IIFT) here. The company will launch the products in Spain first and then look at expanding to other countries in Europe. He also said that non-tariff barriers are being faced by the Indian dairy industry in other countries and removal of those will help in increasing exports. "Try to create a market opportunity for us," Mehta said adding that milk is a source of livelihood for more than 10 crore families in the country and most of the producers are small and marginal farmers. India allows the import of dairy goods at a 30 per cent duty. Amul has a turnover of Rs 80,

Managing Director of AMUL and Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) Jayen Mehta said AMUL's recently launched milk in US has been "highly successful" and they are now ready to enter the European market, which would mark a historic moment for the brand. Delivering the 11th Dr Verghese Kurien Memorial Oration on "AMUL Model: Transforming Lives of Million" organised by a private business management institute here on Saturday, Mehta said "India is now the largest milk producer in the world and is set to produce one-third of the world's total milk in the coming years", XLRI in a statement said. "Dairy isn't just a businessit's a lifeline for rural India," he said. Talking about Amul's recent launch of milk in the US, Mehta said it has been "highly successful", and they are now ready to enter the European market for the first time. To stay relevant, Amul focuses on offering protein-rich, organic, and chemical-free products that customers trust, while continuously ...

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday said its turnover has increased by 8 per cent to Rs 59,445 crore in the financial year ending March 2024 on better sales. "In the Golden Jubilee year of GCMMF, the organization registered a turnover of Rs 59,545 crore (USD 7 billion) for the financial year 2023-24 with a growth of 8 per cent year-on-year," the cooperative said in a statement after its 50th annual general meeting. The group turnover of brand Amul reached Rs 80,000 crore (USD 10 billion) in 2023-24 from Rs 72,000 crore (USD 9 billion) in 2022-23. Amul has been ranked as the world's strongest food brand and the strongest dairy brand as per Brand Finance, UK, world's leading brand consultancy. GCMMF said it is the world's largest farmer-owned dairy cooperative having 36 lakh farmers across 18,600 villages of Gujarat and its 18 member unions procure 300 lakh litres of milk per day. GCMMF also ranks 8th a

Police on Saturday registered a case against seven users of social media platform 'X' for allegedly spreading misinformation that the "low quality" ghee used for making laddus at the Tirupati temple belonged to the 'Amul' brand, an official said. A massive political row has erupted after Andhra Pradesh Chief Minister N Chandrababu Naidu claimed that animal fat was used in making laddus made Sri Venkateswara Swamy temple in Tirupati during the previous government in the state. Anand-based Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its milk and dairy products under the brand name 'Amul', has denied having supplied ghee (clarified butter) to Tirumala Tirupati Devasthanams (TTD), which manages the temple. As per the FIR, X users of seven different handles spread misinformation that ghee with animal fat used for preparing laddus for Tirupati Balaji temple belonged to the 'Amul' brand with the intention of harming the reputation of the GCMMF, the cyber crime ...