Dairy sector to see 11-12 pc revenue growth in FY23 aided by value-added products: Report
This revenue growth will be driven by a healthy demand for VAP (28 per cent of overall sales), even as sales of liquid milk stays steady and the full-year benefit of retail price hikes implemented last fiscal is realised, it noted.
Milk procurement prices rise by Rs 55 per kg fat for dairy farmers in Punjab
Punjab cooperation minister Harpal Singh Cheema on Tuesday announced an increase in milk procurement prices by Rs 55 per kg fat for dairy farmers.
With unlockdown in progress, state dairies hopeful of increase in demand for milk, other products
Since the start of the lockdown, farmers have seen a drastic reduction in the procurement prices with dairies paying between Rs 20-25/litre for milk.
Robust festive sales just a pent-up demand or definite revival?
Here’s what Mondelez India has to say.
Kerala: Cows turn pricier as demand increases
With more people taking up dairying as a livelihood due to Covid-19-related disruptions, the state is witnessing huge demand for dairy cows, making them 20% pricier after the outbreak of the pandemic.
Demand for dairy products yet to reach pre-Covid level
The success of the ‘Operation Flood’ led to India emerging as the highest milk producing nation in the world more than two decades back.
Milk oversupply amid low demand: What dairy manufacturers did with extra milk
With India being under a nationwide lockdown during March to June, dairy producers found themselves with high milk supplies even while the overall consumption fell and demand dropped.