Dairy Industry

Parag Milk Foods Ltd reported 56.28 per cent surge in consolidated net profit to Rs 45.65 crore for the second quarter of the 2025-26 fiscal on higher sales. The company had clocked a net profit of Rs 29.21 crore in the same quarter previous fiscal, according to a regulatory filing. Total income rose 15.58 per cent to Rs 1,025.98 crore in the July-September quarter of the 2025-26 fiscal, from Rs 887.61 crore in the year-ago. Expenses remained higher at Rs 975.49 crore as against Rs 852.04 crore in the said period. The Pune-based dairy sells milk and milk-related products in the brand name such as Gowardhan, Go, Pride of Cows. Its subsidiary firm in Dubai incorporated during 2024-25 fiscal is yet to commence operation.

Lab-grown milk, sometimes called "animal-free dairy," is real dairy produced without cows and contains actual milk proteins (casein and whey)

Union Home Minister Amit Shah on Friday said India has made significant strides in the dairy sector over the past 11 years, noting that it has grown by 70 per cent during this period and is now the fastest-growing sector in the world. He said under the leadership of Prime Minister Narendra Modi, India's dairy sector has expanded by 70 per cent in terms of capacity. In the world, India's dairy sector is the fastest-growing, Shah said after inaugurating the newly constructed Sabar Dairy Plant facility in Industrial Model Township here, as part of efforts to promote the cooperative sector. Built at a cost of Rs 325 crore, the plant will house state-of-the-art machinery and is expected to generate direct and indirect employment. The newly inaugurated Sabar Dairy plant here is the country's largest production facility for curd, buttermilk, and yogurt, with a daily capacity of 150 metric tonnes of curd, 3 lakh litres of buttermilk, 10 lakh litres of yogurt, and 10 metric tonnes of ...

Mother Dairy on Thursday said it will pass on the benefits of the reduction in GST on a wide range of products to consumers. Mother Dairy is one of the leading dairy firms in the country. It clocked a turnover of Rs 17,500 crore in the last fiscal year. Reacting to the decision of the GST Council, Manish Bandlish, Managing Director of Mother Dairy, said, " We commend the Union Government's decision to reduce GST rates on a wider range of dairy products, including paneer, cheese, ghee, butter, UHT milk, milk-based beverages, and ice creams." The move would significantly boost the affordability and accessibility of value-added dairy products for consumers. "This is a particularly big boost for packaged categories, which are fast-growing favourites in Indian homes and will see stronger demand momentum going forward," Bandlish said. Mother Dairy is committed to ensuring that the advantages of this reform are effectively passed on to the consumers, he assured. "By lowering the tax sla

The election meeting was held on Tuesday and witnessed full participation from all 18 member unions of GCMMF, the dairy major said in its release

Milky Mist Dairy Food has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹2,035 crore through an IPO, marking the largest IPO in India's dairy space to date

With trade providing only limited relief, we're most likely to see shortages, as rising demand from developing countries is met with limited increases in supply

The US told the WTO that India's updated dairy certificate remains trade-restrictive and unscientific, raising concerns as both sides negotiate a broader bilateral trade agreement

Partnership will help 10,000 farmers by ensuring fair pricing and access to high-nutrition cattle feed solutions, say companies

The company, on Wednesday, launched a new Pro range of products enriched with protein

President Droupadi Murmu on Monday termed India's achievements in the field of milk products "extraordinary", saying livestock plays an important role in the rural economy of the country. The president made the remarks after virtually inaugurating/launching cow induction, Giftmilk and market support for the Odisha State Cooperative Milk Producers' Federation (OMFED) initiatives of the National Dairy Development Board from the Rashtrapati Bhavan here. India has a diverse range of livestock breeds, all of which have contributed to the rich agricultural heritage of the country, she said. Stating that livestock plays an important role in the rural economy and rural household income, Murmu said, "To support and promote our livestock, several measures and policy efforts have been taken by the government for their breed development and genetic upgradation." India's achievements in the field of milk and milk products are extraordinary, she added. "The productivity of our Milch cattle has

Balanced diet, effective breed and manure management and precision dairy farming technologies could improve dairy productivity in India and reduce planet-warming greenhouse gas emissions from the sector, according to a new report. The report, titled "India's Dairy Future: Aligning Livelihoods, Growth, and Climate Solutions", says the doubling of the female bovine population in India -- from 122.7 million in 1972 to 246.7 million in 2019 -- has led to a corresponding doubling of greenhouse gas emissions from dairy animals. India's livestock sector is projected to account for 15.7 per cent of global enteric methane emissions by 2050, it said. According to the data published by the International Energy Agency earlier this year, India is the third largest emitter of methane. Studies suggest livestock are responsible for about 48 per cent of all methane emissions in the country, with cattle accounting for the majority of it. Despite the significant rise in female bovine population and .

The Delhi Pollution Control Committee has directed cow shelters and dairy farms in the city to obtain pollution control consent within 15 days, warning of strict action in case of non-compliance. The Committee issued a public notice on Sunday directing all 'gaushalas' and dairy farms with 15 or more cattle, and all dairies operating in dairy colonies in Delhi to apply for mandatory consent under the Water (Prevention and Control of Pollution) Act, 1974, and the Air (Prevention and Control of Pollution) Act, 1981. The directive has been issued in compliance with recent court orders and must be adhered to within 15 days of the notice, failing which legal action will be initiated. The notice follows the "Guidelines for Environmental Management of Dairy Farms and Gaushalas" issued by the Central Pollution Control Board (CPCB) as per the National Green Tribunal's (NGT) order on May 20, 2020. These guidelines categorise dairy farms and 'gaushalas' as "Orange" and "Green" categories ...

A trade deal could be concluded swiftly if sensitivities were respected on both sides, Goyal told the Asia-Pacific conference of German business in the Indian capital

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 ...

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

In a major push to transform India's dairy cooperative sector, Union Minister Amit Shah on Thursday unveiled 'White Revolution 2.0', a comprehensive initiative aimed at empowering women farmers and creating job opportunities. The programme focuses on four key areas - empowering women farmers, enhancing local milk production, strengthening dairy infrastructure, and boosting dairy exports. The programme is one of the three initiatives undertaken in the first 100 days of the Modi government's third term. "Maximum women are engaged in the dairy sector, with some generating business worth Rs 60,000 crore in Gujarat alone. This new initiative will focus on empowering women and further strengthening the fight against malnutrition," Shah said while addressing the gathering. The minister also launched the nationwide rollout of RuPay Kisan Credit Cards for dairy farmers and the installation of micro-ATMs at dairy cooperative societies. Additionally, he released standard operating procedures f

CM Yadav says MoU with NDDB to boost milk procurement prices in 11,000 villages across the state

China will examine 20 subsidy schemes from across the 27-strong bloc, specifically those from Austria, Belgium, Croatia, Czech Republic, Finland, Italy, Ireland, and Romania, it said in a statement

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