Amul, India’s leading dairy giant operating under the Gujarat Cooperative Milk Marketing Federation (GCMMF), has announced plans to rapidly transform its business model to further entrench its position across rural and suburban parts of the country Amul is targeting deeper penetration into smaller markets, aiming to reach pin codes with populations as low as 5,000 to strengthen its presence in rural and semi-urban India. The move comes as the …
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Amul
GCMMF, India’s biggest dairy cooperative, trading as Amul, has announced plans to invest 10,000 crore INR ($1.2 billion) in food processing over the next two to three years. The planned investment will add up to 12 new manufacturing units, expanding production capacity in dairy, ice cream and other food products. This expansion is intended to help the company achieve a turnover milestone of INR 1 lakh crore ($11 billion) over …
GCMMF, India’s biggest dairy cooperative, has announced plans to build the world’s largest curd manufacturing plant in Kolkata with an investment of 600 crore INR ($66 million). GCMMF, which sells dairy products under the Amul brand, is the world’s biggest farmer-owned dairy cooperative, with 3.6 million farmers in 18,600 Gujarat villages. It collects 30 million litres of milk daily through 18 unions and exports to 50 countries. Commenting on the …
Indian dairy giant Amul is planning to add 15 new milk processing plants in the 2024 financial year as it seeks to capitalize on the move from own-label to branded products. The company has reportedly lined up an investment of $40-53.33 million for capacity expansion and new initiatives. It currently has installed capacity of 47 million litres per day and expects to expand this by 3-4 million litres per day …
India biggest dairy co-operative Amul Dairy has announced a plan to build an ice cream plant in Khed City with an investment of RS 120 crore ($18 million). “Pune is our largest market for Amul ice cream and currently there is a supply shortage. We wanted a quick set up in and around Pune, and obviously, Khed City qualifies as our preferred destination”, Amul Dairy K Rathnam said in a statement. …
Indian dairy giant Amul is planning to invest Rs 5,000 crore ($810 million) over the coming year to set up 10 milk processing plants, according to a report in the Economic Times. The new facilities are designed to boost Amul’s revenue to in excess of Rs 50,000 crore ($8.1 billion) per annum. Speaking at the Indian Food Forum 2015, R S Sodhi, Amul Managing Director, said: “We will invest Rs …
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