Topic
dairy
Manufacturing Milma targets ₹10,000 crore turnover by 2030-31, eyes global expansion via Lulu Group partnership
Milma (Kerala Cooperative Milk Marketing Federation) aims to achieve a turnover of ₹10,000 crore by 2030-31, expanding domestic and international market presence through a partnership with Lulu Group. Chairman KS Mani highlighted investment opportunities in Kerala's dairy sector, which imports nearly 50% of its milk requirement. Milma recorded a turnover of ₹4,344 crore in 2025-26 and passes 83% of selling price to farmers.
Finance Milky Mist Updating Books with FY26 Numbers, to File Updated DRHP for ₹2,035 Crore IPO
Milky Mist Dairy Food Ltd is updating its books with FY26 numbers and will soon file an updated draft red herring prospectus (UDRHP) for its ₹2,035 crore IPO. The company raised ₹357 crore in a pre-IPO round from Temasek and plans to use proceeds for a new facility in Baramati and expansion in protein products.
Commodities India's Dairy Demand Surges in Smaller Cities
India's dairy market is expanding beyond metropolitan areas, with smaller cities like Thrissur and Manipal driving demand for value-added dairy products. This shift is fueled by rising incomes and improved cold-chain infrastructure.
Supply Chain Dairy Pact Boosts Supply Chain Resilience in North-East India
The National Cooperative Dairy Federation of India (NCDFI) and Assam Rifles have signed a supply pact to enhance dairy product distribution to military units in north-east India. This agreement aims to generate ₹44 crore annually for cooperatives and improve supply chain resilience.
Manufacturing Cargill's Dairy Initiative Boosts Maharashtra's Livestock Sector
Cargill, in collaboration with Syngenta Foundation India and Digital Green India, has launched a ₹2.3 crore Integrated Dairy Development Initiative in Maharashtra. The program aims to improve livestock health and dairy productivity for over 3,000 farmers, utilizing AI-powered advisory services and mobile veterinary vans.
Commodities Dairy Prices Steady Amid Gender Policy Shifts in India
Dairy prices in India have remained stable as the country focuses on gender-inclusive policies in the dairy sector. The emphasis on empowering women in dairy farming is expected to enhance productivity and economic resilience.
Supply Chain Market-Linked Pricing: A New Era for Dairy Sustainability
The dairy industry is transitioning from cost-based to market-linked pricing to enhance sustainability and meet evolving consumer demands. This shift addresses structural challenges and aligns procurement with market expectations.