Topic
dairy
Finance Sid's Farm Raises ₹81 Crore in Pre-Series B Round Led by Omnivore and NSFO
Direct-to-consumer dairy and foods brand Sid’s Farm has raised over ₹81 crore in a Pre-Series B funding round led by Omnivore, NSFO, Dodla Dairy, Next Bharat Ventures, and LIO. The capital will be used to strengthen supply chain, expand manufacturing and distribution, and invest in product innovation and farmer partnerships.
Commodities India Retains Global Dairy Lead as USDA Forecasts Milk Output Rise to 105.4 MT in 2026
India is set to strengthen its position as the world's largest milk producer in 2026, with cow's milk production forecast to rise to 105.4 million tonnes, according to the USDA. The increase is accompanied by a dairy herd of 62.5 million head and rising domestic consumption of fluid milk, butter, and non-fat dry milk. The report portrays India as a domestic consumption-driven market, with little emphasis on export growth despite Amul's international expansion.
Commodities UK Dairy Farmers Rely on Cow Showers and Fans as Heatwave Cuts Milk Output by 20%
Dairy farmers in Wiltshire and Somerset are investing in ventilation and sprinkler systems to combat heat stress in cattle. Extreme heat has cut milk production by up to 20%, with farmers reporting drought conditions not seen in 50 years. The trend of hotter summers is forcing earlier use of winter feed.
Business Milky Mist to Launch ₹1,553 Crore IPO in Early August, India's Largest Dairy Issue
Milky Mist Dairy Food Ltd, a value-added dairy company, is expected to launch its ₹1,553 crore IPO by mid-August, following a ₹482 crore pre-IPO placement led by Temasek. The issue is the largest by an Indian dairy firm. Proceeds will be used for debt repayment and capacity expansion.
Business Hatsun Agro Product Q1FY27 PAT flat at ₹133 crore on higher material costs despite 19% revenue growth
Hatsun Agro Product (HAP) reported a 1.5% decline in PAT to ₹133 crore for Q1FY27, impacted by a 37% rise in material costs, despite revenue growing 19% to ₹3,093 crore. Chairman RG Chandramogan highlighted strong brand equity and an expanded network of 42,000+ retail outlets across 22 manufacturing facilities in six states.
Commodities India’s next white revolution will be powered by smarter feed and farm technology
India’s dairy sector, contributing nearly 25% of global milk volumes at 240 million tonnes annually, enters a new growth phase under White Revolution 2.0. The government aims to boost milk procurement by cooperatives by 50% over five years. CRISIL expects 13-15% revenue growth, but challenges remain with 80 million smallholders and low per-animal productivity. Smarter feed and farm technology are critical to meeting rising demand.
Commodities Milk production slows to 4% but organised dairies eye 13-15% revenue growth: CRISIL
CRISIL Ratings expects India's raw milk production to slow to 4% this fiscal, down from a 5% CAGR, due to El Niño-linked weather disruptions and rising fodder costs. However, organised dairies are projected to grow revenues by 13-15%, driven by price increases and expansion in value-added dairy products, despite flat operating margins.
Manufacturing Milky Mist Invests ₹480 Crore in Capacity Expansion Ahead of IPO, Founder Says
Milky Mist Dairy Food Chairman & Managing Director Satish Kumar T revealed at the businessline MSME Growth Conclave 2026 that the company borrowed ₹480 crore to build capacity when its topline was ₹200 crore and debt was ₹20 crore. The Erode-based dairy processor is heading toward an IPO and owns an integrated cold chain from farm to fork.
Commodities Milk Prices May Rise Again by July as El Niño Threatens Fodder Supply
Milk prices in India, already raised 2-3% in May by major dairies, may increase another 3-4% by July or August if El Niño conditions and deficient monsoon worsen fodder shortages and impact milk production, according to dairy industry executives. Companies like Amul, Mother Dairy, and Parag Milk Foods are monitoring the situation, while the Maharashtra government has urged farmers to boost fodder production.
Manufacturing Milma Receives Spice Coast Excellence Award, Reports ₹4,344 Crore Turnover
Kerala Co-operative Milk Marketing Federation (Milma) has been awarded the Spice Coast Excellence Award by The Cochin Chamber of Commerce & Industry and Altacit Global. Milma Chairman K S Mani received the award at the 2026 ceremony. The cooperative reported a turnover of ₹4,344 crore for 2025-26 and has partnered with LuLu Group for global expansion, with plans to enter major e-commerce platforms.
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.