Page 2 - Amul

Amul strongest food brand in the world in 2024: Brand Finance report

Amul shares its prestigious AAA+ brand strength rating with Hershey's, though the latter saw a slight 0.5% dip in brand value to $3.9 billion, placing it second after leading the list last year

State Bank of India invites EoIs for stressed exposure in Amul Industries

Entities submitting EoIs will be allowed to conduct due diligence on the asset by August 5, following which binding bids will be invited during the e-auction on a 100 per cent cash basis

Remove social media post that claimed centipede found in Amul ice cream: HC

The Delhi High Court has directed a Noida-resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her. Justice Manmeet P S Arora, while dealing with a lawsuit by Gujarat Cooperative Milk Marketing Federation which markets products under Amul brand, further restrained the customer from posting and uploading any other identical or similar content on social media platforms until further orders. In a post on social media platform 'X' on June 15, Deepa Devi had shared a picture purportedly showing a centipede inside her Amul ice cream tub that she ordered through an instant delivery app. The plaintiff company argued in high court that the claim was false and incorrect as it was absolutely impossible for any foreign substance, let alone an insect, to be present in an ice cream tub packed at its facility. In an order passed on July 4, the court observed that the non-cooperation of the customers who have also remained absent in the

On the boil: Why are milk prices rising when the supply is healthy?

While private players had increased prices, cooperatives and state-supported enterprises had managed to maintain stable prices. Interestingly, dairies in southern India have reduced their retail rates

Bikanervala Foods won't hike sweets' prices; to absorb rise in milk prices

Bikanervala Foods Ltd said it will not increase the prices of sweetsas of now and has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy. With effect from Monday, Amul and Mother Dairy have increased the liquid milk prices by Rs 2 per litre. "The recent surge in milk prices is likely to have an impact on the consumers and small sweet shop owners, leading to higher prices for milk-related products. However, it's important to note that the demand for 'mithai' and other milk-based products may not be significantly affected by these rising costs," said Manish Aggarwal, Director, Bikano, Bikanervala Foods Pvt Ltd. "We are absorbing the increased cost of milk and have no immediate plans to pass it on to our consumer," he added. Aggarwal said the company is carefully balancing consumer price sensitivity with price elasticity and competitive dynamics. "While we aim to maintain a steady volume momentum, if this scenario persists, we may need to consider

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 price hiked by Rs 2 per litre across all variants from June 3

The price of Amul milk across all variants has been hiked by Rs 2 per litre with effect from Monday in view of the increase in the overall cost of operation and production of milk, Gujarat Cooperative Milk Marketing Federation (GCMMF) said. With this, the price of the Amul milk pouch will go up by Rs 2 per litre in all markets across the country. The price of Amul milk across all variants has been raised by Rs 2 per litre with effect from June 3, said Jayen Mehta, MD of GCMMF, which markets the milk and dairy products under the 'Amul' brand. The last time GCMMF had raised the milk price was in February 2023. The hike is necessitated to compensate farmers for their increased cost of production, Mehta said. With the fresh hike, the revised milk prices for variants such as 500 ml Amul buffalo milk, 500 ml Amul Gold milk, and 500 ml Amul Shakti milk stand at Rs 36, Rs 33, and Rs 30, respectively. "The increase of Rs 2 per litre translates to the range of 3-4 per cent increase in MRP w

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

Amul will sponsor USA men's cricket team in upcoming T20 World Cup

Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has become a lead sponsor for a USA cricket men's team in the upcoming T20 World Cup. In a statement, GCMMF said that Amul has joined as the Lead Arm sponsor of USA Cricket men's national cricket team for the ICC Men's T20 World Cup 2024. The ICC tournament will commence on June 1 this year with the opening match scheduled between USA and Canada in Dallas, TX. As co-hosts of this major ICC event, the USA will make its debut appearance in this global championship. This association with GCMMF signifies a significant step towards expanding and popularizing cricket across the nation. Having initiated its association with international cricket back in 2011 through the Netherlands' cricket team, Amul has maintained a strong bond with the sport by supporting various international teams in numerous ICC events, the statement said. Venu Pisike, Chairman of USA Cricket, said, "We are pl

Dairy giant Amul to sponsor US and South Africa in T20 World Cup in June

Indian dairy giant Amul will sponsor USA and South Africa during the T20 World Cup in June, the cricket boards of the respective teams announced on Thursday. The USA will be making their tournament debut as co-hosts of the tournament beginning June 1. Part of the event, including the semifinals and finals, will take place in the Caribbean. Amul has been named the Lead Arm sponsor of the both USA and South African squad. The World Cup opener will be played between USA and Canada on June 1. The Indian dairy behemoth with global footprints has sponsored cricket teams in the past as well including the Netherlands, South Africa and Afghanistan. Amul milk is also now being sold in the USA. USA recently beat Canada 4-0 in a bilateral series. "The goodness of Amul Milk will empower the USA Cricket team to win hearts and laurels from across the world. We wish our best to the team for the upcoming ICC T20 World Cup 2024," Jayen Mehta, Managing Director of Amul, said in a statement. On the

Amul launching four variants of milk in US market within a week: MD Mehta

For the first time, Amul fresh milk will be available outside India, with the Gujarat Cooperative Milk Marketing Federation (GCMMF) launching four variants of milk in the US market within a week, to cater to Indian diaspora and Asian population. "We have been exporting dairy products for many decades. This is the first time we are launching fresh milk outside India," GCMMF MD Jayen Mehta told PTI. He said "the GCMMF has tied up with 108-year old cooperative organisation Michigan Milk Producers Association (MMPA) to launch fresh milk in the US market," The milk collection and processing will be done by MMPA, while GCMMF will do marketing and branding of Amul fresh milk. "Recipe will be ours. Within one week, Amul Taaza, Amul Gold, Amul Shakti and Amul Slim n Trim will be available in the US market," he said. Mehta said fresh milk will be available in New York, New Jersey, Chicago, Washington, Dallas and Texas among others. GCMMF will target non-resident Indians (NRIs) and the Asia

PM Modi gives target to make Amul producer GCMMF world's biggest dairy firm

Prime Minister Narendra Modi on Thursday gave the target of making GCMMF, which owns Amul brand, the number one dairy company in the world from its current eighth position. The PM was speaking at the golden jubilee celebration of the Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its products under the brand 'Amul', at the Narendra Modi stadium here. "While the global dairy sector is developing at 2 per cent per annum, India's dairy sector is developing at 6 per cent," Modi said. "Today Amul (GCMMF) is the eight largest dairy company in the world, your target is to make it number one, the government will give all its support. This is Modi's guarantee," he said. Addressing thousands of members of the co-operative dairy union who had come from all over the state, Modi said after India's independence many brands were created, but none of them is like 'Amul'. PM Modi also said that the contribution of women is paramount in the development of the country's dairy .

Govt branches out: One highly beneficial neem tree for 10 Indians

Seeding Change: Need 'Amul' model for neem seed collection to boost coverage, say experts

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

Madhya Pradesh govt in talks with Amul for selling the surplus milk

The State government is working on a plan to sell surplus milk to Amul (Gujarat Co-operative Milk Marketing Federation Ltd) to increase the income of its milk producers

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

Govt to make investments worth Rs 33,129 cr during 2nd World Food India

Global and domestic investors have committed an investment of Rs 33,129 crore in India's sunrise food processing sector during the second edition of World Food India, the government said on Monday. The Union Food Processing Industries Ministry has signed Memoranda of Understanding (MoUs) with various companies in this regard during the three-day World Food India that concluded on November 5. "The event concluded with a substantial surge of investment interest, resulting in the signing of MoUs worth Rs 33,129 crore underscoring the event's significant impact on propelling India's food processing sector," an official statement said. Companies such as Amul, ITC, Mondelez, Kellogg's, AB InBev, IB Group, Balaji Wafers, Ananda Dairy, Fertis, and Bikanerwala were among the signatories, it said. Addressing a valedictory session of the event, President Droupadi Murmu had highlighted that the first edition had attracted a large number of investment commitments and "Rs 22,711 crore of investm

Amul expects no price hike after timely monsoon in Gujarat: Chief Mehta

Amul does not anticipate any price hike as the situation is "pretty" good this year after timely monsoon rains in Gujarat and flush milk procurement season is starting, GCMMF Managing Director Jayen S Mehta said on Wednesday. The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand. The situation is pretty good this year because of timely monsoon in Gujarat at least which means the pressure on producers for the feed and fodder cost is not high, and we are entering the flush season of milk procurement, so we are not anticipating any hike, Mehta told PTI. He said this while replying to a question about whether there would be any kind of price rise in the coming months. On the investment plans, he said that they are investing close to Rs 3,000 crore every year and that is going to be there for the next several years. "with increase in milk procurement and processing facilities also need expansion, we will be announcing a new dair

Maruti to Amul: Disney Star onboards 18 sponsors for Asia Cup 2023

Asia Cup 2023 is set to take place from August 30 to September 17 and the tournament will be broadcast live on Star Sports Network and Disney+ Hotstar

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