With the early onset of summer fuelling demand for milk and milk products, India’s dairy industry anticipates a robust growth in revenue in the coming…
View More Dairy sector anticipates robust sales growth due to early onset of summerCategory: Dairy
SAUDI ARABIA’s DAIRY COMPANY ALMARAI TAKES 100% SHARE IN PEPSICO JV
Almarai paid SAR255 million (US$68 million) for full control of International Dairy and Juice Ltd. Almarai, a Saudi dairy firm, has purchased the remaining part…
View More SAUDI ARABIA’s DAIRY COMPANY ALMARAI TAKES 100% SHARE IN PEPSICO JVIncrease in milk prices due to escalation in fodder cost: Union minister Balyan
In the past few months, India’s domestic milk market has seen a rise in milk prices, and according to Union Minister Sanjeev Kumar Balyan, this…
View More Increase in milk prices due to escalation in fodder cost: Union minister BalyanFonterra Prohibits its Milk Suppliers from Killing Bobby Calves
Dairy giant Fonterra is now prohibiting its suppliers from killing newborn calves on their farms from June 2023 onwards. According to the new rules, beginning…
View More Fonterra Prohibits its Milk Suppliers from Killing Bobby CalvesShamal Patel re-elected as chairman of GCMMF-AMUL
Dairy cooperative leader Shamal Patel has been unanimously re-elected as the chairman of AMUL, the Gujarat Cooperative Milk Marketing Federation (GCMMF). The board of GCMMF,…
View More Shamal Patel re-elected as chairman of GCMMF-AMULPerfect Day doubles production via SBL acquisition and gets the green light for animal-free dairy in India
Precision fermentation specialist Perfect Day has completed its acquisition of Indian firm Sterling Biotech Limited (SBL), which will double its production capability and also get…
View More Perfect Day doubles production via SBL acquisition and gets the green light for animal-free dairy in IndiaAmul MD R.S. Sodhi steps down; COO Jayen Mehta takes interim charge
Dr. R.S. Sodhi stepped down as the Managing Director of Amul Ltd. and will be replaced by Jayen Mehta, at least provisionally.Sodhi had been the…
View More Amul MD R.S. Sodhi steps down; COO Jayen Mehta takes interim chargeBritannia Industries, French cheese maker Bel declares JV
The deal will be retitled as Britannia Bel Foods Pvt. Ltd. As part of the agreement, Bel will acquire 49% of Britannia Dairy Pvt. Ltd…
View More Britannia Industries, French cheese maker Bel declares JVIncreased dairy exports deplete India’s butter and ghee stocks
With a nearly two-fold increase in dairy product exports last fiscal year, along with higher consumption during Diwali, the supply pipeline and stockpiles of butter…
View More Increased dairy exports deplete India’s butter and ghee stocksDairy industry revenue expected to witness 12-14 per cent growth in FY23: ICRA Report
As hotels, restaurants and catering (HoReCa) segment have recovered strongly along with the increase in retail prices are likely to help the dairy industry achieve…
View More Dairy industry revenue expected to witness 12-14 per cent growth in FY23: ICRA Report