Page 4 - Dairy Sector

Parag Milk Foods up 7% on launching a new product in its premium category

The profit margins of dairy companies are expected to increase in the September quarter after a sharp contraction in the March and June quarters.

Dairy decline

Milk farmers need support to deal with demand slump

Dairy firms hope for an improvement in margins in September quarter

Overall situation is likely to improve with partial opening up of hotels, restaurants and catering services

UP to amend textile, tourism policies to reboot industry, create jobs

The state signs MOUs with four leading industrial bodies to create employment for 1.1 mn returning migrants

How India is ensuring uninterrupted supply of milk during Covid-19 lockdown

The cooperative model in India went out of the way to protect milk producers

Dairy sector hopes to attract Rs 60,000 cr, create 10 mn jobs over 5 years

FM had announced a target of doubling the annual milk processing capacity to 106 MT, from the existing 53 MT in five years

Say cheese! Dairy brands increasingly turning to chefs to whip up recipes

Heritage Foods, Amul, and Parag Milk have chef-run campaigns to bring down marketing cost by a tenth

Govt will protect milk sector's interests under RCEP, says Amul MD

Amul Managing Director RS Sodhi told PTI he had a discussion with Goyal on RCEP on Wednesday

Giriraj Singh objects to imported milk, asks govt to keep dairy out of RCEP

"We will not accept the milk produced by cattle that are given animal protein. Our condition is milk imported should have not any animal feed," said Giriraj Singh

Top 10 biz headlines: No GST relief for auto cos, opposition to RCEP & more

From chances of the auto industry having to wait longer for a GST rate cut on cars to Maruti Suzuki planning to lease 100 sales outlets to car dealers, here are the top business headlines for Monday

Dairy farmers start feeling the pinch of dwindling buffalo meat exports

The average size of a buffalo brought for slaughter is 100-450 kg. Buffalo suppliers have also reduced their purchase from dairy owners as they are incurring a loss in their business

Big brands line up to buy local players in dairy despite steep valuations

Lactalis, Danone, Nestle, Britannia and ITC are getting aggressive

Milk price hike: Dairy sector crisis seems over for now but will fester

India usually exports around 100,000 tonnes of skimmed milk powder annually, but the drop in international milk prices has forced it to cut exports

Maharashtra dairy farmers withdraw stir as govt hikes rate to Rs 25/litre

Under attack from dairy farmers' bodies seeking a fair procurement price, the government announced that milk suppliers would get Rs 25 per litre rate from July 21

Dairy sector to see Rs 140-billion investment in 3 years: CRISIL

Companies with a focus on value-added products are set to do well but those with focus on bulk liquid milk selling would remain laggards, says the study, due to oversupply of liquid milk as commodity

PE-VC deal value in dairy double of last year's

The domestic dairy industry has off late grabbed the eyeballs of private equity (PE) funds and venture capitalists (VCs), with the sector bagging $60 million investments in just two deals so far this year. As per data sourced from Venture Intelligence shows that so far in 2017 only two deals in the dairy space has fetched around $60 million (around Rs 385 crore). The deal values have been consistently on the rise in the past five years or so. From $13 million in 2013 to $30 million in 2016 and 2017 has already beat the previous year's cumulative deal value. (Refer Table 1) Venky Natarajan, managing partner, Lok Capital, a leading VC fund which has exposure to the dairy sector, feels that the sector has the potential to attract around Rs 5,000 crore over the next five years easily. In fact, Lok has identified dairy as one of its key investment sectors in its Fund III. It had made its maiden investment in dairy in 2016, when it led a series B funding of $6.7 million in HR Food ...

Dairy sector growth to stay high for now

Capacity expansion and brand building to improve margins

Adityanath wants Amul to bolster Uttar Pradesh dairy sector

UP has country's largest livestock population and is top dairy producer, yet its yield is quite low

Govt preparing action plan to attract more FDI in dairy sector

The Department of Animal Husbandry under the aegis of Agriculture Ministry is holding a series of discussion with private players in this regard