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Plant milk is catching up in India: Dairies are ‘concerned’

Plant milk is catching up in India: Dairies are ‘concerned’ - Dairy News 7X7

On World Vegan Day this year, the Internet was rife with a list of celebrities who have adopted a life free of animal products. The names included actors Aamir Khan and Sonam Kapoor, and cricketer Virat Kohli. Then there are premium magazines that fill in readers about elaborate vegan diet plans of India’s biggest celebrities. […]

Mother Dairy announces aggressive plans for VAD segment

Mother Dairy announces aggressive plans for VAD segment - Dairy News 7X7

Mother Dairy Fruits and Vegetable Pvt Ltd is gearing up to strengthen its value-added dairy play with aggressive plans to launch nearly 100 products in the next three years. The leading milk and milk products major, on Tuesday, announced its new portfolio with over 15 new products for the summer season of 2023. The company […]

Milk prices to stay elevated till Diwali: Mother Dairy MD

Milk prices to stay elevated till Diwali: Mother Dairy MD - Dairy News 7X7

Milk prices are likely to be at elevated levels till October this year due to high cost of feed and raw material, and supply challenges, a senior official of Mother Dairy, a major milk supplier in the Delhi-NCR region, said on Monday. Organised players, including Mother Dairy and Amul, hiked milk prices multiple times in the […]

Consumer prices set to rise: Milk, etc to cost 3-10% more

Consumer prices set to rise: Milk, etc to cost 3-10% more - Dairy News 7X7

Prices of several consumer goods including packaged food and dairy products, liquor, refrigerators, air-conditioners, imported apparel and personal care products are set to increase up to 10% with companies passing on certain input price increases and the impact of rupee depreciation. Top executives of companies, however, said the proposed price hikes of 3-10% over the […]

Mother Dairy planning Rs 800 crore capex in 3-4 years

Mother Dairy planning Rs 800 crore capex in 3-4 years - Dairy News 7X7

To cater to the exponential demand, milk and milk products major Mother Dairy has planned a mega capex fund worth around Rs 800 crore for the next couple of years. In a conversation with Moneycontrol, company Managing Director Manish Bandlish said that a proposal for capacity expansion by setting up new plants has been planned. “Some of […]

Mother Dairy reported a 46% decline in fiscal 2022 net profit

Mother Dairy reported a 46% decline in fiscal 2022 net profit - Dairy News 7X7

Mother Dairy Fruit And Vegetable Private Limited which manufactures dairy products and edible oils reported a 46% decline in fiscal 2022 net profit to ₹100 crore, according to financial data accessed by business intelligence platform, Tofler. The company had reported a profit of ₹185 crore in the previous fiscal. Meanwhile, for the financial year ended 31 March […]

Amul hikes milk prices by Rs 2 per litre, except in poll-bound Gujarat

Amul hikes milk prices by Rs 2 per litre, except in poll-bound Gujarat - Dairy News 7X7

Amid the festive season, The Gujarat Cooperative Milk Marketing Federation Ltd, which markets its products under the Amul brand, hiked the rates of milk by Rs 2 per litre. The price of full cream milk has increased from Rs 61 per litre to Rs 63 per litre, which is expected to impact household budgets. Amul has also […]

Mother Dairy expects 20% revenue growth in FY23 to Rs 15,000 crore

Mother Dairy expects 20% revenue growth in FY23 to Rs 15,000 crore - Dairy News 7X7

Delhi-NCR’s leading milk supplier Mother Dairy is expecting 20 per cent growth in turnover this fiscal year to about Rs 15,000 crore on better demand for products, its MD Manish Bandlish said. The turnover of Mother Dairy, which also sells edible oils and fruits & vegetables, stood at Rs 12,500 crore in last fiscal year. […]

At IDF World Dairy Summit, India to look for milk productivity improvement

At IDF World Dairy Summit, India to look for milk productivity improvement - Dairy News 7X7

Despite being world’s largest milk producer with largest cattle population, India’s lags behind in yield India will look to improve its per animal milk productivity by drawing lessons from advanced nations at the four-day International Dairy Federation World Dairy Summit (IDF WDS 2022), scheduled to be held in New Delhi from September 12. Currently, the […]

Indian dairy firms address climate concerns via green initiatives

Indian dairy firms address climate concerns via green initiatives - Dairy News 7X7

For a dairy organisation, generating 400 metric standard cubic meters (MCM) of gas on a daily basis is something unthinkable. But at AmulFed dairy in Gandhinagar, it is one of the several green initiatives aimed at addressing climate concerns. It uses dairy waste to generate natural gas, which is used in boilers and the canteen. […]