Odisha govt to launch scheme to boost milk production
The Odisha government on Saturday decided to launch a Rs 1,400 crore ‘Mukhyamantri Kamadhenu Yojana’ to enhance milk production in the state. The decision was taken at the Cabinet meeting chaired by Chief Minister Mohan Charan Majhi. The aim is to boost the dairy sector and increase the income of dairy farmers in the state, […]
Vaishno Devi Dairy Directors Ordered to Refund ₹25 Crore
Market regulator Securities and Exchange Board of India (SEBI) has ordered Vaishno Devi Dairy Products Ltd (VDDPL) and six of its directors to refund the money which it had raised illegally from investors and also barred them from the securities market between three months to four years. These entities had raised Rs25 crore through the […]
Warning for Tesco, Morrison, Sainsbury’s Shoppers Over Dairy
Tesco, Morrisons and Sainsbury’s shoppers have been issued a warning as they could be paying more for their milk in different branches of the same supermarket chain. Consumer champions Which? conducted research comparing prices from 42 everyday essentials, including milk, at larger supermarkets to their smaller ‘local’ or ‘express’ stores. The study revealed that Tesco charged eight percent more for the same carton […]
Katraj Dairy Announces ₹ 2/liter Milk Price hike for Farmers
In a welcome move for milk producers, the Pune District Milk Producers Association (Katraj Dairy) has announced to give ₹2 per liter in milk prices, effective immediately. The decision was made at the 65th Annual General Meeting of the association, chaired by President Bhagwan Pasalkar. The move is expected to benefit thousands of milk-producing farmers […]
Assam’s ‘Purabi’ Dairy Launches Flavoured Milk
The West Assam Milk Producers’ Cooperative Union Ltd (WAMUL), which operates under the brand ‘Purabi’, has launched a new range of long shelf-life flavoured milk, becoming the first dairy unit in the North East to offer this product, a statement said on Saturday. Assam’s Minister for Cooperation Nandita Gorlosa launched three variants of flavoured milk […]
Danone Reinvests in India, Six Years After Exiting Dairy Market
Indian consumers will soon see more Danone products on shelves as the French food company considers India a priority market and will continue investing in it, chief executive Antoine de Saint-Affrique told Mint in an interview on Friday. He declined to share details of the new products, saying, “Competitors in India are so strong that […]
Heritage share delivers over 300% return in 18 months
In its note, domestic brokerage firm HDFC Securities has maintained its optimistic view on Heritage Foods, highlighting its well-diversified product portfolio, robust distribution network, strong long-term relationships with farmers, and commitment to high-quality premium products, enables it to capitalize on the growing dairy industry in India. The company boasts a strong balance sheet characterized by low […]
Dairy sector will stay protected in FTAs
Commerce and Industry Minister Piyush Goyal on Wednesday said dairy is a sensitive sector in India as it involves livelihood issues of small farmers and there are no plans at all to give any kind of duty concessions under any Free Trade Agreements (FTAs) in this area. He said that India has not given any […]
Why ghee is naturally prone to adulteration ?
Union Health Minister J P Nadda on Friday (September 20) said he had sought a report on the controversy over the alleged use of animal fat in the preparation of laddus that are distributed as prasadam at the Tirupati temple in Andhra Pradesh. On September 18, Andhra Pradesh Chief Minister N Chandrababu Naidu had alleged that during the previous […]
Ghee and milk products inflation drops
Ghee inflation is at a 41-month low of 0.21 per cent in August, data from the Statistics Ministry showed. While inflation for ghee is the lowest, it is on the decline for the entire range of milk products. Experts attribute this to two reasons – a higher base effect and lower prices of fodder and […]
