Milk prices to soar as water scarcity hits production
Milk prices tend to rise in summers as production falls, but this year may be worse. As sweeping heatwaves and drying dams leave dairy animals thirsty, milk productivity will fall and prices will rise, agriculture experts said. While spot traders said raw milk with 6.5% fat is currently being sold at ₹47-48 a litre against […]
Crisil Says India’s Dairy Success Holds Key To Food Price Stability
Retail inflation rose to 7.44%, the highest since April 2022, led by inflation in food and beverages which stood at 10.47%, the highest since January 2020. As prices of various food items rise due to a combination of global and local factors, including extreme weather conditions, the government has continued supply-side interventions. These include releasing […]
Consecutive double-digit revenue growth for dairies this fiscal
Rising procurement prices to curb profitability; credit quality outlook remains ‘Stable’ Revenue of the organised dairy sector in India is set for the second straight fiscal of double-digit growth – at 11-12%, a notch below last fiscal’s 13% growth. This will be driven by healthy demand for value-added products (VAP; 28% of overall sales), even […]
Consecutive double-digit revenue growth for dairies this fiscal
Rising procurement prices to curb profitability; credit quality outlook remains ‘Stable’ Revenue of the organised dairy sector in India is set for the second straight fiscal of double-digit growth – at 11-12%, a notch below last fiscal’s 13% growth. This will be driven by healthy demand for value-added products (VAP; 28% of overall sales), even […]
Expected dairy sales growth rate at 9.1% from FY18 to FY24 : Crisil
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on every Sunday. The channel will have expert interviews, market and technical analysis and a lot more sections very soon. You may share in comments about […]
