Aavin is steadily showing remarkable growth in T.N.: Dairy Development Minister
Aavin is performing well and has been showing remarkable growth across the State, said Tamil Nadu Dairy Development Minister Mano Thangaraj in Madurai on Saturday. After inspecting the Aavin unit in Madurai, he told mediapersons that Aavin alone has been giving milk at a uniform price to its large network of consumers without any increase, […]
How the Plant-Based Products Market Is Winning Investors’ Favor
The plant-based ingredients sector is undergoing a transformative evolution, driven by a significant shift in consumer preferences and innovative advancements within the industry. Historically overlooked by investors who perceived it as a mere commodity sector, the burgeoning plant-based ingredients market is now being recognized for its immense potential for value-added expansion and wealth generation. According […]
Innovation key pillar of growth for Nestle India
Packaged foods major Nestle India has said that it is investing in innovation as an engine for growth in the country since India is the fastest-growing market for it globally. “Our total sales witnessed a double-digit growth as we navigated a dynamic market landscape,” said Suresh Narayanan, chairman and managing director (CMD), Nestle India, in […]
Dodla Dairy Poised for Robust Growth in FY25 with Expansion and Stability
FY25 is expected to see an accelerated double-digit growth for DDL, thanks to a pick-up in domestic milk volumes, commencement of a new plant in Kenya, and a massive increase in cattle feed capacity Outlook for DDL in FY25 Robust Growth Expected FY25 is poised for accelerated double-digit growth for DDL, driven by increased domestic […]
ITC Foods says dairy and beverage segment to grow amid inflation relief
ITC Foods, the branded packaged foods business of ITC, anticipates a demand revival for the dairy and beverage sector in six to nine months, driven by a hot summer and a favourable dairy season. It recently prioritised leveraging digital technology to streamline its supply chain, ensure consistent product quality, comply with food regulations, and enhance […]
GDT: Increase in SMP and Butter global prices raise hopes in India
Good news for farmers in the latest Global Dairy Trade auction, held overnight, with a 4.2 per cent increase across the board. This is the third positive event of the 2024 calendar year, with the index kicking off the new year with a 1.2 per cent bump on January 3 and 2.3 per cent at the last event […]
Dodla Dairy eyes 25% sales volume growth on VADPs
Hyderabad-based Dodla Dairy, a company specialising in processing and distributing milk and dairy products, is targeting a 25% increase in sales volume to average 20 lakh litre per day from around 16 lakh litre currently. https://youtu.be/V5wdZkOtG_g In an interview with CNBC-TV18, Sunil Reddy Dodla, Managing Director said Dodla Dairy wants to go into growth mode […]
Dodla Dairy impressive results in Q3
Dodla Dairy Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,468.41 million compared to INR 6,754.31 million a year ago. Revenue was INR 7,525.45 million compared to INR 6,819.63 million a year ago. Net income was INR 413.32 […]
Hatsun Agro Proudly Announces Growth in Milk Procurement
Hatsun Agro, a leading player in the dairy industry and Chairman R G Chandramogan, proudly announces a significant surge in milk procurement, ensuring a robust and stable supply for the coming months. In response to last year’s challenges, the company has undertaken strategic measures to overcome supply shortages and inflated purchase prices. Following a meticulous […]
Dairy industry and the untapped potential in Bangladesh
Although dairy as an industry did not have any organised footing in Bangladesh until recently, its emergence and growth over the decades is by all means commendable. From a very humble beginning in an informal manner, the industry grew to a large size thanks to a number of dedicated entrepreneurs backed by large-scale investment and […]
