Heritage Foods Bets on Premium Dairy Play
The second-largest FMCG firm on The Next 500 list focuses on value-added products such as curd, paneer, cheese and cold coffee to cash in on a growing industry. INDIA IS…
Milk prices shall remain stable for a couple more quarters
Dodla Dairy’s MD, Sunil Reddy Dodla, foresees stable milk prices and positive growth for value-added products. In an interview with CNBC-TV18, Sunil Reddy Dodla, the Managing Director of Dodla Dairy,…
Dairy sector : Show me the money
It is an interesting time for the dairy industry globally. India is the world’s largest producer of milk in the world. Milk acts as an insurance policy for the farmer’s…
Protest over Amul’s entry into TN appears political
Tamil Nadu Chief Minister MK Stalin has raised a protest over the entry of Amul into the milk procurement scene in the State. The point of contention is whether Gujarat’s…
Mother Dairy announces aggressive plans for VAD segment
Mother Dairy Fruits and Vegetable Pvt Ltd is gearing up to strengthen its value-added dairy play with aggressive plans to launch nearly 100 products in the next three years. The…
Upcoming ‘flush’ season holds the key to cooling milk prices – CEO Jersey
Indian dairy and cattle farmers have been barely recovering their input costs this year, thanks to the increase in fodder and fertiliser prices. As a result, dairy manufacturers have resorted…
Scorching summer makes Mother Dairy bullish on VADP led by ice-creams
Ice-creams category grows by 40-50 per cent over 2019 levels; to ramp up distribution and portfolio of sub-brand Nutrifit Amidst soaring temperatures and revival of out-of-home sales, Mother Dairy expects to…
Dairy exporter Fonterra to invest $2.7 bln to grow and cut emissions
Fonterra Co-Operative Group Ltd , the world’s biggest dairy exporter, said on Monday it would invest about NZ$4 billion ($2.72 billion) by 2030 to move milk into higher value products,…
Sales of liquid milk to grow 4-5 pc in FY21
Even as institutional sales for dairy products have been impacted due to COVID-19 related disruptions, liquid milk sales are expected to grow by 4-5 per cent in 2020-21, while those…
Heritage foods net profit jumps from 11Cr to Rs 54 crores in second quarter
Heritage Foods Ltd, one of the leading private dairy players in India, has announced its financial results for the second quarter ended September 30, 2020. The consolidated revenue from operations…