Page 4 - Amul

Nandini vs Amul battle in Karnataka: Gujarat CM says no need for boycott

Amid the Nandini versus Amul battle in Karnataka, Gujarat Chief Minister Bhupendra Patel stressed on Monday that there is no need to boycott Amul in the southern state. The row involving the two unions -- Nandini and Amul -- started recently, after the latter announced that it would supply its milk varieties in Bengaluru. "There is no need to boycott Amul in my view. You keep doing what you want to do. If Amul is snatching something, it is a matter of protest," Patel said. The opposition Congress and Janata Dal (Secular) in Karnataka have alleged that the ruling Bharatiya Janata Party (BJP) wants to "kill" Nandini by allowing Amul in the southern state. They have also expressed their apprehension that a scarcity of Nandini products would be created to make way for Amul to take over. The Basavaraj Bommai-led BJP government in Karnataka has, however, denied the charge, saying there is no threat to Nandini from Amul. Interacting with reporters here, Patel also said Surat has good ..

Milky way: Beyond Amul vs Nandini, dairy brands that dominate their states

The Amul-Nandini controversy has been making headlines for the past few days but there are several regional dairy players in the country that have firm control on the market in their respective states

Explained | Amul vs Nandini: The dairy war dividing Karnataka

On 5th April, the Gujarat Cooperative Milk Marketing Federation announced that it would start selling its products in Karnataka. Soon, social media was flooded with various hashtags.

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

The entry of Amul in Karnataka is being seen as an attempt to trample upon KMF and its brand 'Nandini'

RIL sets sights on frozen food market, takes another bite at dairy

Move aims at competition with Amul, Mother Dairy

Oppn slams Amul's entry in Karnataka, calls it attemp to finish off Nandini

A political slugfest broke out between the ruling BJP, and opposition Congress and JD(S) on Saturday over the "threat" to Karnataka Milk Federation's famed dairy brand 'Nandini' following Amul's entry to the state. Three days ago, Gujarat-based cooperative society Amul tweeted: "A new wave of freshness with milk and curd is coming to Bengaluru. More information coming soon. #LaunchAlert. From Kengeri to Whitefield, wishing everyone a Taaza day." In another tweet, the dairy brand said, "The #Amul family is bringing in some Taaza into #Bengaluru city. More updates coming in soon. #LaunchAlert. Taaza arriving soon in Bengaluru." While the opposition parties have charged that the BJP government was out to finish Nandini, Chief Minister Basavaraj Bommai said the government is clear on the issue of Amul. Accusing Congress of politicising Amul's entry to Karnataka, Bommai said: "We have absolute clarity with regard to Amul. Nandini is a national brand. It's not restricted to Karnataka. We

All Kannadigas should pledge not to buy Amul products: Siddaramaiah

"BJP government is going to betray the farmers by shutting down Karnataka Milk Federation (KMF)," he added

Reliance Retail ropes in former Amul chief RS Sodhi to drive grocery biz

In January, Sodhi stepped down from the role of MD of GCMMF

Amul revenue grew by 18.5% in FY23 to Rs 55,055 cr on better demand

GCMMF, which sells dairy products under the Amul brand, on Sunday said its revenue grew by 18.5 per cent last fiscal to Rs 55,055 crore on better demand. In a statement, the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) said it has registered a provisional turnover of Rs 55,055 crore for the financial year 2022-23. The turnover growth of 18.5 per cent is largely due to demand for branded consumer products, it added. "Our fresh products grew by 21 per cent with a contribution of 50 per cent to the GCMMF turnover and ice cream range grew by 41 per cent. "Our consumer products have registered a growth of 23 per cent YOY with products such as cheese, butter, UHT milk, milk beverages, paneer, cream, buttermilk and dahi having grown at 20-40 per cent," GCMMF said. The provisional unduplicated group turnover of member unions of the Amul group has crossed Rs 72,000 crore (USD 9 billion) last fiscal. With a focus of increasing our distribution across top 400 towns in terms of

Amul increases milk prices by Rs 2 per litre in state of Gujarat

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells its dairy products under the popular brand name 'Amul', on Saturday increased milk prices by Rs 2 per litre in the state. Prices of Amul milk have been raised across Saurashtra, Ahmedabad and Gandhinagar markets in Gujarat from Saturday, GCMMF sources said. Sources said 'Amul Gold' will now be available for Rs 32 per 500 ml, 'Amul Standard' for Rs 29 per 500 ml, 'Amul Taaza' for Rs 26 per 500 ml and 'Amul T-Special' for Rs 30 per 500 ml, among others. This is the first hike in Amul milk prices in the state since December's Assembly polls, which were won by the Bharatiya Janata Party with a record 156 out of 182 seats. GCMMF had last raised Amul milk prices, by Rs 2 per litre, in Gujarat in August last year. On February 3 this year, GCMMF had hiked milk prices by Rs 2 per litre for all markets in the country except Gujarat. Currently, the member unions of GCMMF procure an average 264 lakh litres of milk every d

Amul aiming to become a total foods and beverages company: MD Jayen Mehta

Commenting on high inflation in the dairy sector and three price hikes in the last one year, Mehta said that it was 'imperative' as 'cost of feed and fodder is a direct cost to the farmer'

Milk prices increased due to rise in fodder cost: Union minister Balyan

Milk prices in the country have risen due to increase in the feed and fodder cost, Union Minister Sanjeev Kumar Balyan said in Rajya Sabha on Friday. Balyan, who is Minister of State of Fisheries, Animal Husbandry and Dairying, said dairy companies pass on 75 per cent of the retail price to farmers. There is a need to balance between farmers and consumers. Farmers need to get higher returns on milk for them to take up dairy farming, he said. In the recent time, there has been increase in the prices of feed and fodder due to which prices of milk have gone up. If fodder rates come down, automatically milk prices will also decline, the minister added. Replying to another supplementary question, Balyan said three private firms are conducting trial of a vaccine developed by Hisar-based ICAR institute for the control of Lumpy Skin Disease (LSD) in cattle. "The trial is underway. I am hopeful after the trial, the vaccine will be commercialised soon," he added. Milk prices have been hike

Amul again hikes milk prices by Rs 3 a litre; fodder rates blamed

Gujarat spared; in milk, 80% of consumer price is passed on to farmers as procurement cost

Amul hikes milk prices by Rs 2 per litre for all markets except Gujarat

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Friday increased the prices of its milk brands by Rs 2 per litre for all markets except Gujarat. Jayen Mehta, Managing Director of the federation, made it clear that the hike in milk prices is not applicable to Gujarat and the new rates are meant only for other markets, including Mumbai, Kolkata and Delhi. The new prices will be effective from Friday morning, the GCMMF said in a statement.

Top headlines: Wipro fires 452 freshers, Sodhi's exit from Amul and more

Business Standard brings you the top headlines at this hour

Sodhi's exit from Amul shows chronic problem between management and board

The abrupt dismissal of the managing director points to a chronic problem between the milk marketing behemoth's management and its board

National Cooperative Society to have Rs 500 crore share capital

National Dairy Development Board (NDDB), Amul and NAFED will be among the five promoters of the newly announced national-level cooperative society for organic food products, which will focus on enhancing farmers' income by improving production, certification and marketing system. Last week, the Cabinet Committee on Economic Affairs (CCEA) approved a proposal to establish three new national-level multi-state cooperative societies to promote organic products, seeds and exports. A national-level cooperative organic society, a cooperative seed society and a cooperative export society will be registered under the Multi-State Cooperative Societies (MSCS) Act, 2002. According to sources, the National Cooperative Organic Society, to be based in Anand, Gujarat, will be set up with an authorised share capital of Rs 500 crore. It will have an initial paid-up share capital of Rs 100 crore, sources said. NDDB, co-operative NAFED, Gujarat Co-operative Milk Marketing Federation (GCMMF), which ...

TMS Ep345: Amul's RS Sodhi, Oyo IPO, Auto Expo 2023, Montreal Protocol

How will RS Sodhi's departure affect Amul? Why is the Oyo IPO getting delayed? Can new launches at Auto Expo 2023 put auto stocks in top gear? What is the Montreal Protocol? All answers here

RS Sodhi steps down as Amul MD; Jayen Mehta given interim charge

Jayen Mehta appointed as interim MD with immediate effect of Amul

RS Sodhi resigns as MD of Amul, COO Jayen Mehta to be interim MD

RS Sodhi was in-charge of the company since 2010