Demand for butter, cheese, ice-cream down 30-40%: Amul’s Sodhi
As India reels under a fierce second wave of COVID and lockdown fears loom, RS Sodhi, GM of Gujarat Co-operative Milk Marketing Federation (Amul) said that companies as well consumers are better prepa...Read More
Nestle India’s Net profit jumps by 14.6% in last quarter of FY 20-21
Revenue from operations for the quarter ended 31 March was up 8.5% at ₹3,610.82 crore from the ₹3,325.27 crore it reported in the year-ago period Packaged foods company Nestlé India on Tuesday report...Read More
Chhattisgarh’s Godhan Nyay Yojana gets lukewarm response on ground
A recent parliament committee report praised Chhattisgarh’s Godhan Nyay Yojna under which the state government purchases cattle-dung from farmers, converts it into vermicompost and sells it to farm...Read More
At Amul, we don’t check if our advertising is working or not: RS Sodhi
Speaking at AFAA’s ‘Inspiration’ series, (Asian Federation of Advertising Association), RS Sodhi, managing director, Gujarat Cooperative Milk Marketing Federation (GCMMF), stated how Amul doubled its...Read More
Dairy Farmers begun throwing away their milk in Chattisgarh
A joint decision taken by the dairy farmers in Chhattisgarh’s Balod district to throw away 1,500 litres of milk down the drain daily has invited wrath and criticism by the people even as the district...Read More
Flavored milk has differential GST tarriff line from 5% to 12% across India
Flavoured milk has found different flavours with different Authorities for Advance Rulings (AARs). While Gujarat AAR followed its counterparts in Tamil Nadu and Andhra Pradesh to hold GST at the rate...Read More
Vadilal is targeting Rs 800 Crores Ice cream Sales in FY 22
The company, which suffered a grim summer season owing to lockdown and limited supply, is looking to tap into revival in consumer demand and an extended summer Vadilal Industries Limited, which sells...Read More
DAIRY NEWS Milk prices may further go down from Rs 27 to Rs 25 /ltr from April 16th
Some dairies in Maharashtra are planning to introduce a further correction in the procurement price of milk. From April 16, some private dairies have decided to pay farmers only Rs 25 per litre as aga...Read More
Prabhat dairy to be delisted from the stock exchange from April 30th
Prabhat Dairy will be delisted from BSE and NSE on April 30, while trading in its equity shares will be discontinued from April 23, the exchanges said. This comes after the company complied with the...Read More
Covid second wave will impact consumption of chilled dairy products
Ice-cream, buttermilk and flavoured milk could see some short-term demand constraints as consumers focus on essentials amid fresh round of restrictions to curb spread of covid-19, according to a repor...Read More
Parag Milk Food aims to raise Rs 300 crore via preferential allotment
Shares of Parag Milk Foods are trading higher after the announcement of its fundraising plans. The company aims to raise over Rs 300 crore via preferential allotment. CNBC-TV18 spoke with Devendra Sha...Read More
Milk Pouch sales dropped by 25-30% across Maharashtra due to Covid
Milk sales across Maharashtra have dropped by almost 25-30%, from an average per day sales of 1.2 crore litres to 86-90 lakh litres since the lockdown-like restrictions came into force, rough estimate...Read More