Milk Consumption

Milk production growth has slowed to 3.5-3.7 per cent, while climate risks could raise procurement costs, squeeze margins and affect value-added dairy products

Tamil Nadu Chief Minister C Joseph Vijay on Monday announced major policy decisions regarding a further hike in Aavin milk procurement price for dairy farmers, and also unveiled a multi-crore infrastructure push spanning power, semiconductors, and logistics. Announcing further increase in the Aavin-milk procurement prices, aimed at providing a crucial relief for the dairy farmers across the state, he said the state government has approved a Rs 3 per litre increase in the milk procurement price, raising it from Rs 41 to Rs 44 per litre. The announcement on enhancing the procurement prices comes closely on the heels of an earlier hike announced on August 19 in the Assembly, that had raised the price from Rs 38 to Rs 41. He said the decision to address dairy farmers' growing concerns over rising cattle feed costs and maintenance expenses would entail the state government an additional financial outlay of Rs 60 crore monthly, translating to an annual expenditure of Rs 720 crore. Apart

While companies have started to pass input cost rise to consumers, inflation, according to G Chokkalingam, founder and head of research at Equinomics Research has not become a major issue yet.

Dev Milk Foods, the entity behind the consumer dairy and ice cream brand FruBon, has raised funding from Fireside Ventures, Narotam Sekhsaria Family Office and a group of angel investors, the company said on Monday, but did not disclose the size of the capital raise. The fundraise would be utilised to expand distribution and strengthen ice cream and value-added dairy portfolio. It will accelerate market expansion, scale manufacturing capabilities, and drive product innovation across north and west India. Announcing the funding from Fireside Ventures, Narotam Sekhsaria Family Office and a group of angel investors, Dev Milk Foods, in a release, said the investment marks a significant milestone in the growth journey as the company continues to strengthen its presence in the ice cream and value-added dairy segment across north India. "The company plans to utilise the newly raised capital to expand its retail footprint, enhance production and cold chain infrastructure, and accelerate ...

As India's dairy production reaches record highs, synthetic milk rackets are compromising the nation's foundational staple

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Milk collection capacity will see a substantial increase from 79,000 kg to 500,000 kg per day and the milk processing capacity in the state will triple to 400,000 litres per day

From 6.62 per cent in FY18, India's milk production growth rate has fallen sharply to 3.78 per cent in FY24. The country, however, still remains the world's largest producer of milk

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

Watching the restored version of the 1976 film Manthan reminds one of the Emergency but also gives hope for a renewed democracy

Ages-old bias could also be affecting what traditionally deprived communities earn

What has caused this transformation and will it last? Milk industry veterans point to a couple of factors for this U-turn

The Food and Agriculture Organization (FAO) of the United Nations (UN) established World Milk Day in 2001. It is observed annually on June 1st

Milk Federations in the country should re-dedicate themselves to the founding ideals of the co-operative dairy movement while refraining from inter-state competition, said K.S.Mani

Bolbola gram panchayat in, Kondagaon district of Chhattisgarh, has scripted a success story in India's white revolution

59% stuck to their preferred brands, 19% cut down on consumption; 16% moved to cheaper alternatives of the same brand; a small number bought local milk or completely stopped consumption

In milk, around 80 per cent of what consumers pay is passed on to the farmers in the form of procurement price

GCMMF, which sells milk under the Amul brand, has hiked the prices of Amul Gold and buffalo milk by Rs 2 per litre each across all markets except Gujarat. "Prices have been increased by Rs 2 per litre for Amul Gold and buffalo milk due to increase in fat prices," Gujarat Cooperative Milk Marketing Federation (GCMMF) managing director R S Sodhi told PTI. Prices have been raised for all markets except Gujarat, he added. The Cooperative had last increased the milk prices on August 17 by Rs 2 per litre citing rise in milk procurement cost. GCMMF passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers. Apart from Gujarat, GCMMF mainly sells milk in Delhi-NCR, West Bengal and Mumbai. GCMMF sells more than 150 lakh litres of milk per day and out of the total quantity, Delhi-NCR accounts for nearly 40 lakh litres per day.

On the impact of LSD on the country's milk production, Balyan said there will be a minimal impact on annual milk production, if any.