The Gujarat Co-operative Milk Marketing Federation (AMUL) currently boasts an extensive network of 98 processing plants across the nation. To further bolster its operations and outreach, GCMMF has laid out plans to establish an additional 15 processing units in the upcoming fiscal year, ultimately increasing its total count to an impressive 113.
Also, Amul Group is set to expand into non-dairy segments, particularly the food and beverage industry, marking a significant development poised for rapid growth in fiscal year 2024.
One of the key objectives guiding this expansion is to bring the Amul brand closer to both consumers and its invaluable network of dairy farmers and suppliers. In line with this vision, Amul intends to capitalize on the ongoing trend of consumers shifting from unbranded to branded products. This expansion initiative will encompass a wide range of products, including milkshakes, curd, sweets, and bakery items. Moreover, Amul is actively considering the introduction of protein-based offerings such as buttermilk, lassi, probiotic chocolates, ice cream, and cheese.
To facilitate this ambitious expansion and support various new initiatives, GCMMF has allocated an investment budget ranging from Rs. 3,000 to Rs. 4,000 crores. Currently boasting an installed daily processing capacity of 470 lakh litres spread across its 98 processing facilities, the federation envisions an impressive capacity expansion of 30 to 40 lakh litres per day over the next two years.
With these strategic moves and investments, GCMMF aims to significantly boost its top-line revenue by an estimated Rs. 8,000 to Rs. 10,000 crores. This endeavour aligns with the cooperative’s overarching goal of achieving a remarkable one trillion rupees in revenue by the fiscal year 2026, cementing its position as a formidable player in the Indian dairy and food industries.