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Amul to invest Rs 1,500 crore in 2 years to set up dairy, edible oil, bakery, potato processing plants

GCMMF, which markets dairy products under the Amul brand, will invest around Rs 1,000 crore over the next two years to set up milk processing plants, and another Rs 500 crore on facilities for new products like edible oil,...

Ice cream business down by 40 pc amid COVID-19 scare

The ice cream business which amounts to about Rs 4,500 crore annually has been badly hit by the coronavirus spread as it is expected to slowdown by almost 40 percent. It is unlikely to recover in the current scenario...

Dairy infra fund to add 5 cr litre more milk, 30 lakh jobs: Sodhi

India's iconic brand, Amul has been instrumental in ensuring uninterrupted supply of milk and milk products across the country during the COVID-19 lockdown in difficult times. In an interview with IANS, Dr. R S Sodhi, Managing Director, Gujarat Co-operative Milk...

Amul eyes 15 percent growth in turnover this fiscal despite COVID-19 from over Rs 38,000 crore in FY'20

GCMMF, which markets dairy products under Amul brand, expects its turnover to grow 15 percent this fiscal year from Rs 38,550 crore in 2019-20 despite economic slowdown caused by the nationwide lockdown to control coronavirus outbreak. According to a PTI...

No need for panic buying of milk, other dairy products, says Amul MD

GCMMF, which markets its dairy products under Amul brand, on Saturday said there will be no shortage of milk and other dairy products and asked people to refrain from panic buying amid coronavirus scare. According to a PTI report: Gujarat...

Future Group and Fonterra Future launches new dairy brand Dreamery

Fonterra Future Dairy, the equal joint venture between Future Consumer, a part of the Kishore Biyani-led Future Group, and the New Zealand-based dairy major Fonterra, is expecting a revenue of Rs 6,000 crore and become one of top four...

The changing dynamics of the men’s innerwear market in India

This is what the typical innerwear buying behavior of the average Indian male is like – men will spend time to pick out a shirt or a trouser at a retail outlet. On the way to the billing counter,...

Amul aims to achieve a business turnover of Rs 50,000 crore by 2021

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the Amul brand, Tuesday said it aims to achieve a business turnover of Rs 50,000 crore by 2020-21.According to a PTI report: In the long...

Amul to invest Rs 600-800 cr this fiscal on capacity expansion

GCMMF, which markets dairy products under the Amul brand, will invest Rs 600-800 crore this fiscal in setting up new milk processing plants and expanding capacity of existing units, the company's MD R S Sodhi said.Gujarat Co-operative Milk Marketing...

Amul expects revenue to grow by 20 pc to Rs 40,000 cr in 2019-20

GCMMF, which markets dairy products under the Amul brand, is expecting 20 percent increase in its turnover this fiscal at around Rs 40,000 crore, driven by likely growth in volume and value terms, a top company official said.According to...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

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