Dudhsagar Dairy Announces Record-Breaking Profit of Rs 321 Crores
During its Annual General Meeting (AGM) on Tuesday, the Mehsana District Cooperative Milk Producers’ Union Limited (MDCMPU), which manages the Dudhsagar Dairy in Mehsana, North Gujarat, claimed a record profit of Rs 321 crore “for the first time in its 60 years of existence.”
This profit, which is distributed to milk producers , is roughly three times higher than the previous year.
“We have achieved a profit of Rs 321 crore for the first time in the 60-year history of Dudhsagar dairy. The company had made a profit of Rs 105 crore the previous year,” Ashok Chaudhari, chairman of Dudhsagar Dairy, told The Indian Express after the AGM concluded.
During an election year, the Bharatiya Janata Party (BJP) gains from the performance of the dairy in North Gujarat. After beating Congress rivals in the dairy’s elections in 2021, Chaudhari, the previous general secretary of the BJP for Mehsana district, ascended to power.
The MDCMPU was founded in 1960 and markets milk and milk products under the Amul, Sagar, and Dudhsagar brands. It is one of 18 milk cooperative unions in Gujarat.
“Our business grew in 2021-22 as. Our revenue grew by nearly Rs 1,000 crore to Rs 6,028 crore,” Chaudhari said.
In the districts of Mehsana, Patan, and Gandhinagar, the dairy receives milk from 6.5 lakh cattle rearers who are connected to 1200 village-level milk cooperatives. Rajasthan and Haryana milk are also collected.
Dudhsagar’s milk procurement has also increased over the last year.
“Last winter, our highest milk procurement was 45.5 lakh litres per day. This includes both Gujarat and Rajasthan procurement. The peak milk procurement in 2020-21 was 32 lakh litres per day,” Chaudhari noted.
MDCMPU also manages the Dudhmansagar Dairy in Manesar and the Dudhmotisagar Dairy in Dharuhera, in addition to the plant in Mehsana. Haryana is home to both dairies. At Boriyavi, Ubkhal, and Jagudan, the union operates cattle feed factories with a total capacity of 1,900 metric tonnes per day.