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| Dairy News | |||||||||||||||||||||||||||||||||||||
Reliance Retail is believed to be in negotiations with FMCG major Nestle, for a possible strategic alliance in its dairy business, according to sources familiar with the matter. There have been reports that Nestle is looking to restructure its dairy business in India, which is believed to be making losses. Amul to be lone GCMMF milk brand in Gujarat (9/5/2006, The Hindu Business Line) The looming threat of a possible split in the Gujarat Cooperative Milk Marketing Federation (GCMMF) petered out on Tuesday, at least for the time being Dairies strike export chord (12/19/2003, The Economic Times) The Tamil Nadu Co-operative Milk Producers Federation (which owns the Aavin brand), and India’s largest private sector dairy company, the Tamil Nadu-based Hatsun Agro Products, have chalked out plans to enter Sri Lanka. The Karnataka Milk Federation has in the last six months begun exporting badam powder to Sharjah and Singapore, and skimmed milk powder to Nepal. Kurien opposes giving up majority stake in milk co-ops (1/31/2003, Business Standard) The man behind the ‘white revolution’ in the country, Dr V Kurien, opposed the idea of offering a majority 51 per cent stake to multinational and private players in proposed joint ventures between milk co-operatives in the country and multinational companies. EU, US cut export subsidy; global supply tightening — Domestic milk powder prices on a roll (1/8/2003, The Hindu Business Line) DOMESTIC skimmed milk powder (SMP) prices are on a roll, reflective of tightening world supplies and massive cuts in export subsidies announced by the European Union and the US. Amul-Mother Dairy tussle set to intensify (12/27/2002, The Hindu Business Line) THE ongoing tussle between Amul and the National Dairy Development Board (NDDB) over the latter's move to establish joint venture marketing companies with State-level dairy federations is set to intensify, with the Institute of Rural Management at Anand (IRMA) slated to hold a two-day open session beginning January 16 to `debate' the issue. Record milk buys by co-operatives (10/28/2002, The Hindu Business Line) ORGANISED dairy co-operatives in the country have procured a record average 175.96 lakh kilograms per day (LKPD) of milk from their farmer-members during 2001-02. The total annual procurement of 6.42 million tonnes (mt) works out to roughly eight per cent of the country's milk production. Ghee prices harden on higher edible oil prices (9/16/2002, The Hindu Business Line) HIGH edible oil (`vegetable fat') prices seem to have rubbed off on ghee (`animal fat'), with market sentiments in the latter showing marked improvement over the last 3-4 months. Milma to tie up with Mother Dairy (8/14/2002, The Hindu Business Line) KERALA Co-operative Milk Marketing Federation (Milma) proposes to launch an aggressive campaign for marketing of milk and milk products through a joint venture company to be floated along with Mother Dairy Foods, a subsidiary of National Dairy Development Board (NDDB). Heritage Foods to set up 4 more processing units (8/2/2002, The Hindu Business Line) HERITAGE Foods (India) Ltd (HFIL), engaged in the business of milk and milk products, is setting up four more milk procurement and processing centres during the current fiscal at a cost of Rs 8 crore. | |||||||||||||||||||||||||||||||||||||
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Disclaimer: All information is true to source. The links are provided from the SCS Group website to the news source. The SCS Group holds no responsibility for the content mentioned in the article. | |||||||||||||||||||||||||||||||||||||
