Page 2 - Dairy Products

Milk that has its source in soil: The growing popularity of 'vegan milk'

In India, vegan milk has managed to carve out a niche market though the country, being the world's largest producer of dairy milk, has copious milk supplies

Cooperation ministry signs MoU with Swiggy Instamart to market products

The cooperation ministry has signed a memorandum of understanding with Swiggy Instamart to onboard cooperative dairy and other products on the e-commerce platform. Under the agreement, products under Bharat Organics and other cooperative dairy products will be available on Swiggy's e-commerce and q-commerce platforms. The agreement was signed on Friday by Swiggy Instamart CEO Amitesh Jha and Joint Secretary of the ministry D K Verma, with Cooperation Secretary Ashish Kumar Bhutani present at the ceremony. "The signing of MoU will facilitate cooperatives to connect to new age customers through new age technologies," the ministry said in a statement. Swiggy will create a dedicated "Cooperative" category on its platform, featuring organic products, dairy, millets, handicraft and other items developed by cooperative organizations. The partnership aims to support cooperative brands in marketing, promotion, consumer technology and capacity building, according to the ministry. The ...

Amul's revenue touches ₹90,000 crore in FY25 on strong double-digit growth

Jayen Mehta, managing director (MD) at Amul told Business Standard, "We are now aiming for Amul to be a ₹1-trillion brand in FY26 as we expect the strong growth, seen across categories, to continue"

Balanced diets, breed management can cut emissions in dairy sector: Report

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 .

Mother Dairy to market co-operative society NCOL's organic products in NCR

Mother Dairy on Tuesday said it has signed an agreement with the National Cooperative Organics Ltd (NCOL) to exclusively distribute the latter's organic products under the 'Bharat Organics' brand in Delhi-NCR. In a statement, Mother Dairy said it has "signed up with 'Bharat Organics' as the exclusive distribution partner for their range of organic staples to the Delhi NCR market." Under the initiative, Mother Dairy will ensure distribution of packed and certified brand Bharat Organics' produce for consumers across NCR through its network of booths across the region. The collaboration marks the launch of Bharat Organics Atta' and Bharat Organics Sweetener (Jaggery) in the NCR market. "With this partnership, Mother Dairy aims to build a healthier and more sustainable India. By combining NCOL's expertise in organic farming with our extensive distribution network and deep consumer trust, we are uniquely positioned to bridge the gap between premium organic products and affordability," ..

Amit Shah launches 'White Revolution 2.0' to boost Indian dairy sector

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

Dream run halted; Heritage Foods stock hits second straight lower circuit

The stock price of Heritage Foods had doubled in mere 12 trading sessions. On June 4, DSP Small Cap Fund sold 1.035 million or 1.12 per cent stake in Heritage Foods via open market.

Heritage Foods climbs 12% on strong Q4 results; profits jump two fold

On Wednesday, Heritage Foods reported a revenue of Rs 950 crore, marking a 16.3 per cent increase from Rs 817.6 crore in the corresponding period a year ago

World food prices up in April for second consecutive month, says UN agency

Dairy prices edged down, ending a run of six consecutive monthly gains

FSSAI to launch quality check of food items like dairy products, spices

After starting a probe into alleged violation of norms in branded spices, food regulator FSSAI plans to launch surveillance on other food items like fortified rice, dairy products and spices sold in the domestic market. According to sources, the Food Safety and Standards Authority of India (FSSAI) is planning surveillance on food items like fruit and vegetables, salmonella in fish products; spice and culinary herbs; fortified rice; and milk and milk products. FSSAI is already taking samples of spices in powder form of all brands, including MDH and Everest, from across the country in view of quality concerns flagged by Singapore and Hong Kong. "In view of the current development, FSSAI is taking samples of spices of all brands, including MDH and Everest, from the market to check whether they meet the FSSAI norms," a source had said on April 22. FSSAI does not regulate the quality of exported spices, sources said. Early last month, Hong Kong's Center for Food Safety (CFS) asked ...

Varun Beverages to expand capacities of juices, value-added dairy items

Varun Beverages, leading bottler of beverage major PepsiCo, is expanding its production capacities in the juices and value-added dairy products segments in 2024, according to the latest annual report of the company. Besides, Varun Beverages Ltd (VBL) is strengthening its distribution network and chilling infrastructure, which is essential to enhance presence in the existing and under-penetrated markets, its promoter & Non-Executive Chairman Ravi Jaipuria told shareholders. "Central to our expansion strategy for CY 2024 is the further development of manufacturing facilities, with a focus on adapting to evolving consumer preferences and market trends. We are particularly concentrating on increasing our production capacities in the juices and value-added dairy products segments," he said. The company operates across six countries. Three markets of the Indian Sub-continent, India, Sri Lanka and Nepal, contributed 83 per cent of its net revenues, while three African countries, Morocco,

Huge demand for Indian chicken, basmati rice in Middle East: UAE industry

Seeking Indian government support for imports, the UAE food industry said that huge demand is there in the Middle East countries for chicken, dairy, basmati rice, frozen marine goods and wheat products from New Delhi. The UAE industry has sought the support of the Indian government in smooth certification processes, more coordination with Agricultural & Processed Food Products Export Development Authority (APEDA), and harmonisation of standards. They also said that high quality packaging of Indian products would help boost New Delhi players to increase exports of food and food products in countries like Bahrain, Kuwait, the Sultanate of Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). Commerce and Industry Minister Piyush Goyal, who was in the UAE, last week held detailed discussions with these importers and discussed ways to increase exports from India. "There is huge scope for India to export frozen products in these countries," Global Food Industries LLC Head of ...

Dairy products' stocks rally post Hatsun Agro's Q1 results; Dodla zooms 20%

The industry is likely to benefit from the much-anticipated flush season during October-November 2023

Cooler summer halts the dairy crisis, industry looks at a turnaround

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

Cross-border sale: Dairy Board calls co-op federations' meet to sort issue

The National Dairy Development Board (NDDB) will be holding a meeting of the chairman and managing directors of co-operative dairy federations of the country this month to sort out the sensitive issue of cross-border marketing of liquid milk. The meeting has been called by NDDB Chairman Meenesh C Shah, in response to serious objections raised by K S Mani, Chairman of Kerala Co-operative Milk Marketing Federation (KCMMF) over the issue at a meeting of the National Cooperative Dairy Federation of India (NCDFI) held in Varanasi recently, KCMMF said in a statement here on Thursday. Earlier, KCMMF, known by the brand Milma, had voiced serious concern over Karnataka Milk Federation (KMF) foraying into parts of Kerala to sell its Nandini brand of liquid milk. Making a strong pitch at the NCDFI meet, Mani said, "This is a complex and multifaceted issue, as co-operative dairies have different priorities and interests". He further pointed out that by working together co-operative dairies coul

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

Prices of dairy products likely to remain firm on account of higher demand

A spurt in demand for dairy products amid an almost stagnant milk output in the last one year has led to tight supply situations and elevated prices, industry experts said, and warned that rates may remain firm this summer. The Centre, along with National Dairy Development Board (NDDB), is monitoring the supply-demand gap in dairy products and will take a decision on imports depending on the situation. India is the world's largest milk producer. The output stood at 221 million tonne in 2021-22, up 6.25 per cent from 208 million tonne in the previous year. However, the production in 2022-23 is estimated to remain flat or witness slight growth. While announcing the monetary policy, RBI Governor Shaktikanta Das on Thursday said, "milk prices are also likely to remain firm going into the summer season due to tight demand-supply balance and fodder cost pressures". The RBI governor had also pointed out that consumer price inflation has increased since December 2022, driven by price press

Govt may import dairy products on tight supply amid stagnant milk output

The country may look at importing dairy products if needed as there is a supply constraint for such items due to milk production remaining stagnant in the last fiscal, a top government official said on Wednesday. The government will intervene to import dairy products like butter and ghee, if required, after assessing the stock position of milk in Southern states, where the flushing (peak production) season has started now, he added. Milk output in the country stood at 221 million tonne in 2021-22, up 6.25 per cent from 208 million tonne in the previous year, as per the official data. Addressing a press conference, Animal Husbandry and Dairy Secretary Rajesh Kumar Singh said the country's milk production remained stagnant in the 2022-23 fiscal due to lumpy skin disease in cattle, while the domestic demand grew by 8-10 per cent in the same period because of a rebound in the post-pandemic demand. "There is no constraint in milk supply as such in the country...There is an adequate ...

Amul's utterly butterly supply melts; eateries switch to alternatives

Consumers across the country have reported a shortage of Amul butter in the market

Britannia Industries enters into a JV with French cheese maker Bel SA

It sells 49 per cent stake in Britannia Dairy for Rs 262 crore