DAIRY PRODUCTS

N Chandrababu Naidu's family's wealth surges Rs 1,225 crore as Heritage Foods shares double in 12 days

Chandrababu Naidu's family's wealth surges with Heritage Foods shares rising over 105%. Naidu's party, Telugu Desam Party, wins big in Andhra Pradesh elections.

Too hot, too good for e-tailers: ACs, ice creams and beauty products' online sales enjoy the heatwave

Consumers are increasingly turning to online shopping for a variety of products like air conditioners, beauty products, and snacks as heatwaves prompt them to stay indoors, especially during peak afternoon hours. Brands like Voltas and Panasonic have witnessed significant growth in online sales, particularly in the AC category. E-commerce platforms are seeing a surge in demand for large purchases like ACs and coolers, with quick commerce becoming popular for daily essentials. Companies like Parle, Mother Dairy, and Baskin Robbins are experiencing a boost in online sales.

Bikanervala Foods not to hike prices of sweets amid rise in cost of milk

Bikanervala Foods Ltd has decided not to raise prices of sweets, instead opting to absorb the increased milk rates from suppliers Amul and Mother Dairy. The suppliers raised liquid milk prices by Rs 2 per litre, impacting consumers and small sweet shops. Director Manish Aggarwal stated the company will bear the higher milk costs for now but may adjust prices in the future to balance consumer sensitivity and competition.

Milk prices in India on the boil: What’s causing the hikes time and again?

Following India's completion of the monumental 18th Lok Sabha elections, a surge in prices emerged notably in milk and tolls. The nation's top two milk cooperatives, Amul and Mother Dairy, have announced a Rs 2 increase in their milk prices, effective June 3. Consequently, the full cream variants of Mother Dairy and Amul, previously priced at Rs 66 per litre in 2023, will now be priced at Rs 68 per litre.

Mother Dairy, after Amul, hikes milk prices by Rs 2/litre

In a statement, Mother Dairy attributed the price hike to production costs, which it said have been on the rise for over a year.

Amul milk price hiked by Rs 2/litre from today, sparks consumer concerns post elections

The Gujarat Cooperative Milk Marketing Federation (GCMMF) has announced a Rs 2 per litre price hike for all variants of Amul milk, effective from Monday. The decision was made in response to the rising costs of operation and milk production. Jayen Mehta, Managing Director of GCMMF, confirmed the price increase, noting that the last adjustment was made in February 2023. The hike aims to compensate farmers for their increased production costs.

Mother Dairy increases milk prices by Rs 2 per litre in Delhi-NCR

Mother Dairy raised milk prices by Rs 2 per litre in Delhi-NCR market, following Amul. The price adjustment aims to offset rising production costs post-election, impacting various milk variants and sustainability in dairy farming.

Tips to reduce spiciness in food

Best Milk Chocolates in India: Relish the Perfect Creaminess (2024)

Are you looking for some of the best chocolates in the market? If so, then worry no more and continue reading this article to learn about the best milk chocolates in India. All of the mentioned options are from the most renowned chocolates brands across the world. You can get yours within a few clicks using the buying links shared in the article below.

Rameshwaram Cafe’s founder issues apology after police raid finds expired food items, netizens roast him for insincerity

​The Hyderabad branch of the iconic Rameshwaram Cafe recently came under scrutiny after Telangana Police found stocks of food items well past the expiry date on its premises. While the co-founder was quick to apologize, netizens thought the apology was half-hearted.

Plant-based food cos urge FSSAI to ease 'milk' label rules for plant-based dairy alternatives

Sethi called for FSSAI's chief executive officer (CEO) to engage with the industry, exchange ideas and foster collaboration to support startups and product innovation against bigger players. He proposed setting up "Plant Protein Clusters" across states to facilitate collaboration between institutes, startups and the government.

Assam: Purabi Dairy cooperative targets sale of 4 tons of local honey

“Our customers have consistently shared positive feedback, praising the rich, authentic taste and the purity of Purabi Honey. Initially, they tried the product by purchasing smaller packs, but now there has been greater demand for larger packs, which is why we introduced the half-kilogram pack,” said S M Hussain, Marketing, WAMUL.

Nandini’s partnership with T20 world cup will help dairy brand in global market, says Karnataka CM Siddaramaiah

The Karnataka Cooperative Milk Federation (KMF) has partnered with the Scotland and Ireland cricket teams, which Chief Minister Siddaramaiah believes will boost the global presence of the Nandini brand. This partnership was revealed as Cricket Scotland unveiled their jersey featuring Nandini's name for the ICC Men’s T20 World Cup. Siddaramaiah expressed delight in Nandini securing sponsorship for these teams, highlighting its existing popularity in countries like Malaysia, Vietnam, Singapore, UAE, and the USA.

As 'Nandini' sponsors T20 WC teams, Siddaramaiah says 'will take co-op brand to the world'

The Karnataka-based Nandini dairy brand has been announced as the official sponsor of the Scotland cricket team in the upcoming T20 World Cup in the US. Chief Minister Siddaramaiah praised the move as a significant step in making Nandini a global brand. The company, known in countries like Malaysia, Vietnam, Singapore, USA, Dubai, UAE, and UAE, is the second largest dairy co-operative in South India. KMF has 16 Milk Unions covering all districts of Karnataka.

Nandini redux? Speculations in MP over Amul's Sanchi Dairy takeover attempt

Amul's plans for Sanchi Dairy can spark big protests in Madhya Pradesh, in the same manner that the Nandini matter caused a huge furore in Karnataka.

FSSAI pushes for mandatory testing of all spice brands; Spices Board also steps up action

The Food Safety and Standards Authority of India (FSSAI) plans to conduct surveillance on various food items like fortified rice, dairy products, and spices sold in the domestic market. This comes after a probe into alleged violation of norms in branded spices. FSSAI is already taking samples of spices from all brands to check compliance with its norms. The number of samples analyzed by FSSAI has substantially increased over the years, showing efforts to enforce food safety regulations. Non-compliance can lead to penalties under the FSS Act, including fines and imprisonment.

Not too worried about rural demand dipping or any pressure in urban side: Amul India MD

Amul's Jayen Mehta notes 10%+ growth in dairy products, with fresh products up 14-15%. Daily Rs 200 crore milk purchase aids rural economy. 38% turnover from towns <20,000. Market expansion and competition focus highlighted.

Varun Beverages starts commercial production of carbonated drinks at Gorakhpur facility

Varun Beverages commences soft drink production in Gorakhpur, introducing new products and expanding capacities. It sees significant revenue contribution from the Indian Subcontinent and African markets, reporting a substantial net revenue in 2023.

45-50% growth in Amul’s summer product categories likely this year: MD

Amul India navigates cocoa price surge impact by passing on costs to consumers. However, as Amul is still a value for money brand, it would pinch the consumers much. Partnerships with CAMPCO aid cocoa bean producers. Expansion into the US fresh milk market and focus on ice cream and beverage SKUs drive growth expectations of 45-50%.

Kedaara acquires Ice cream maker Dairy Day

Kedaara Capital acquires majority stake in Dairy Day, a prominent ice cream brand in South India. The investment, valued at Rs 1200 crore ($150 million), provides full exit to existing investors. Dairy Day plans to expand production capacity and aims for accelerated growth with Kedaara's support.

Mother Dairy to invest Rs 750 crore to set up two dairy, fruits and vegetables processing plants

"In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations," Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said.

High temperatures expected to heat up ice-cream sales

The India Meteorological Department (IMD) has forecast summer season temperatures to be above normal this year with a greater number of heat-wave days. Leading ice-cream brands are already experiencing a surge in demand.

Chicken seekh kabab and soy milk are the most tried plant based meat and dairy products, shows GFI study

According to the report, consumption patterns reveal that the plant-based options are currently consumed similarly to their animal-derived counterparts. "However, the latter is consumed more regularly, with plant-based options reserved for special occasions. Taste remains a significant driver for conventional meat consumption, highlighting the need to further improve the taste of plant-based meat," the report stated.