Amul Dairy

Amul's revenue may touch Rs 1 trn by FY26; GCMMF's share likely at Rs 75Kcr

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

Revenue of Amul's parent firm GCMMF rises 11% to Rs 65,911 crore in FY25

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 ..

World's largest curd plant coming to Kolkata as Amul invests Rs 600 crore

Amul is investing Rs 600 crore in Kolkata to set up the world's largest curd manufacturing plant, catering to Bengal's rising demand for dairy products and boosting India's dairy sector

Will 'White Revolution 2.0' propel India's dairy sector to new heights?

India's overall milk production increased from 188 million tonnes in 2018-19 to 231 million tonnes in 2022-23 but the annual growth rate has dropped from 6.47 per cent to around 4 per cent

Amul brand operator GCMMF says turnover rises 8% to Rs 59,445 cr in FY24

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

National policy on farmer producer organisations for cheaper loans

Suggests making Amul-like three-tier institutional architecture for FPOs

Amul seeks return of ice cream tub to investigate centipede complaint

Amul on Monday requested a woman customer in Noida to return the ice cream tub, in which she claimed to have found centipede, for further investigation and asserted that it offers superior quality dairy products in both India and global markets. A woman in Noida has claimed she has found a centipede inside an ice cream tub she ordered through an instant delivery app, said food safety officials, who have launched a probe into the matter. In a post on X on June 15, the woman, who identified herself as Deepa Devi, shared a picture showing the insect inside the ice cream tub. Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under Amul brand, regretted the inconvenience caused to the woman customer in Noida. Noida's food safety department has launched a probe into this matter. In a statement, Amul said it immediately responded to the complaint on social media. "We deeply regret the inconvenience caused to her because of this incident," the statement

How Amul navigated the tricky terrains of India's ice cream market

Amul has expanded from 19 operational ice cream plants until last year to 25, having invested more than Rs 1,000 crore this year in capacity. It aims to double ice cream capacity in two years

After Amul, Mother Dairy hikes milk price by Rs 2/litre; Check latest rates

Mother Dairy's full cream milk is now priced at Rs 68 per litre, while toned and double-toned milk are available at Rs 56 and Rs 50 per litre

Amul milk launches in US: Key details of its new products and history

Amul has tied up with 108-year-old cooperative organisation Michigan Milk Producers Association (MMPA) to launch fresh milk in the US market

Temple of billion hopes, dairy brand Amul shares Ram Mandir's doodle

Dairy brand shares Ram Mandir doodle on its Instagram. Pran Prathistha of Ram Lalla took place on January 22, 2024. Check the post here

Mother Dairy launches buffalo milk in Delhi-NCR at Rs 70 per litre

Mother Dairy, one of the leading suppliers of milk and milk products, on Tuesday announced the launch of buffalo milk variant in the Delhi-NCR market and is expecting to make this new segment Rs 500 crore brand by March next year. Mother Dairy supplies 35-36 lakh litres of milk per day in Delhi-NCR and 45-47 lakh litres per day across India. In Delhi-NCR, it sells milk in pouches and milk booths. In an interview with PTI on Tuesday, Mother Dairy Managing Director Manish Bandlish said, "We are launching buffalo milk at Rs 70 per litre. We are introducing this variant in Delhi-NCR." Mother Dairy will be supplying 50,000-75,000 litres of buffalo milk per day in Delhi-NCR. The milk will be available in the market from this week. "By March 2025, we aim to reach 2 lakh litres per day. We intend to make the buffalo variant a Rs 500 crore brand in one year. This segment is growing. There is a demand for high-fat milk," Bandlish said. The Mother Dairy MD said the company would launch the .

Fake Amul cheese, Sharam, going viral on social media, Amul responds

A fake AI-generated Amul cheese packet, branded 'Sharam', went viral on social media. The dairy brand has responded saying the rumour about the launch of the new product is fake

FMCG brand Amul aims to cross Rs 80,000 crore turnover in FY23-24

Slew of product launches in organic and protein ranges lined up ahead of festive season

Sylvester daCunha, creator of Amul's 'utterly butterly' girl, passes away

Sylvester daCunha, a doyen of the Indian advertising industry, has been associated with Amul since the 1960s

After Nandini row in Karnataka, now it's Amul vs Aavin in Tamil Nadu

Stalin writes to Amit Shah against Amul procuring milk from Aavin's milkshed area

Unlikely weather in the north hits AC, ice cream, soft drink business

Manufacturers are worried as they have large stocks in place and due to lower demand the inventory of dealers is also rising

TMS Ep411: Amul backlash, dating apps, bank stocks, Cognyte spyware

Why is Amul facing backlash in Karnataka? How are Indian dating apps penetrating tier 2 cities? Ahead of Q4 results, which bank stocks should you bet on? What is Cognyte spyware? All answers here

Row over Bengaluru entry: It's always been Amul & Nandini, says Jayen Mehta

Amul products will only be sold on e-commerce and not through the general trade

All you need to know about Amul vs Nandini battle in poll-bound Karnataka

As the Amul vs Nandini battle heats up in poll-bound Karnataka, at the heart of a seemingly corporate war is the Kannadiga pride and the rural economy dependent on the home-grown brand and the ruling BJP may have to do a tightrope walking to steer clear of the issue that may well dominate the political narrative in the coming days, much as it has hogged the limelight over the weekend. What is the Amul Vs Nandini battle. Why does the opposition see red over the Gujarat dairy brand's Bengaluru foray with its brand of milk and curd. An explainer from PTI seeks to shed light on the issue. Gujarat-based dairy cooperative Amul's announcement on April 5 to enter enter the Karnataka market to supply its milk and curd has given the opposition yet another ammunition to fire at the ruling BJP, much as it came months after Union Home Minister Amit Shah's announcement that the two brands' cooperation could "do wonders" for the dairy sector. Shah also holds the Cooperation portfolio. The oppositi