Mother Dairy: Mother Dairy News & Mother Dairy India Latest Updates | The Economic Times (original) (raw)
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Mother Dairy launches India's first naturally degradable milk pouch ahead of World Environment Day
Mother Dairy has introduced India's first naturally degradable milk pouch. This innovation will begin in Delhi-NCR on June 5. The new packaging breaks down into natural elements in soil within years. This addresses plastic waste from milk pouches. The company assures consumers that prices will not change. This development marks a significant step for sustainable packaging in India's dairy sector.
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Extreme heat tests India's record milk production
India's booming dairy sector, a global leader, faces a significant threat from escalating heatwaves. Farmers like Neeraj Bharadwaj are witnessing premature births and reduced milk yields, forcing costly adaptations. While research into heat-resilient breeds and improved farm practices is underway, smallholders struggle to afford these changes, jeopardizing future milk supply amidst growing demand.
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Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparency
The Indian government is set to introduce new rules for edible oil packaging. This move aims to standardize pack sizes, making it easier for consumers to compare prices. Manufacturers believe this will lead to fairer competition and better transparency. The initiative also focuses on sustainable packaging practices. Consumers will benefit from clearer choices and increased confidence in packaged edible oils.
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Economists warn fuel, milk price hikes may raise retail inflation by up to 0.42%
Retail inflation is set to rise by 0.42 percent due to increased fuel and milk prices. Economists predict broader impacts on transportation, logistics, and food costs. Petrol and diesel prices saw a hike of Rs 3 per litre. Milk prices also increased by Rs 2 per litre. These changes will affect household budgets and producer costs.
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On their toes: Brands step up anti-counterfeit drive as fake products flood markets
Companies are fighting a rising tide of fake goods. Brands from toothpaste to cigarettes are changing packaging and tightening checks. Counterfeiters are becoming more skilled, replicating even holograms. This crisis is escalating, forcing businesses to take enforcement into their own hands. Social media amplifies the damage to brand image, making continuous education of distributors and retailers crucial.
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Premiumisation and expansion into new markets key focus areas: Mother Dairy MD
Mother Dairy is prioritizing premium products and expanding into new markets. The company is also strengthening its distribution network and increasing its presence on quick commerce platforms. This strategy aims to meet evolving consumer demands and address competition. Mother Dairy anticipates significant growth in the coming fiscal year, projecting revenue to reach Rs 24,000 crore.
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Amit Shah lays foundation of 10,000 litres per day dairy plant in Kargil
Union Home Minister Amit Shah inaugurated a 10,000 litres per day dairy plant in Kargil and launched several dairy development initiatives for Ladakh. These efforts, including mobile milk testing labs and modern cooling systems, aim to boost self-reliance and farmer incomes in the Union Territory.
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Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD
Mother Dairy aims for a 13% increase in turnover to Rs 17,000 crore this fiscal year, anticipating strong demand for its dairy and edible oils products. The company, a key milk supplier in Delhi-NCR, also markets 'Dhara' branded edible oils nationwide and operates around 400 'Safal' retail outlets in Delhi-NCR for fresh fruits and vegetables.
Mother Dairy refutes Amul's No 1 claim
A day after GCMMF-owned Amul claimed that it has overtaken rival NDDB’s Mother Dairy in branded packaged milk sales in the Delhi market, the latter has rubbished the claim.
Mother Dairy milk to cost more in Delhi
Already hit by a hike in fuel prices, people in Delhi and the NCR now will have to fork out more for their milk as well, with the biggest supplier Mother Dairy hiking prices by up to Rs 2 a litre.
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Mother Dairy to invest Rs 750 crore to set up two dairy, fruits and vegetables processing plants
"In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations," Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said.
Mother Dairy launches healthy edible oil
Mother Dairy has extended edible oil brand Dhara into health segment b y launching Dhara Health refined sunflower oil, which has up to 21.8 % low oil absorption.
Not just fuel, shell out more for milk too
Already hit by a hike in fuel prices, people in Delhi and the NCR now have to fork out more for their milk as well, with the biggest supplier Mother Dairy hiking prices by up to Rs 2 a litre.
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Mother Dairy faces high attrition at top level
The company, one the country’s leading dairy players with sales of around Rs 8,000 crore, has lost some of its top executives after its former MD & director S Nagarajan abruptly quit in the middle of last year.
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Mother Dairy to increase milk prices by Rs 2/litre in NCR from tomorrow
This is the fifth time the prices have been hiked this year by Mother Dairy, which is one of the leading milk suppliers in Delhi-NCR with volumes of more than 30 lakh litres per day. The dairy has increased the price of full-cream milk by Rs 2 to Rs 66 per litre, while toned milk rate has been revised to Rs 53 per litre from Rs 51 per litre.
Mother Dairy aims $1 bn turnover in 2 years
After becoming a pan-India player recently, dairy chain Mother Dairy, a subsidiary of the National Diary Development Board, is now eyeing a turnover of one billion dollar in the next two years.
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Milk prices in India on the boil: What’s causing the hikes time and again?
Following India's completion of the monumental 18th Lok Sabha elections, a surge in prices emerged notably in milk and tolls. The nation's top two milk cooperatives, Amul and Mother Dairy, have announced a Rs 2 increase in their milk prices, effective June 3. Consequently, the full cream variants of Mother Dairy and Amul, previously priced at Rs 66 per litre in 2023, will now be priced at Rs 68 per litre.
Mother Dairy eyes $1 bn turnover in 2 years
“Following expansion of our business in other cities and with the launch of new products, we are expecting to cross $1-billion by the end of FY09,” Mother Dairy CEO Paul Thachil said.
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Mother Dairy to focus on increasing market share in organised ghee segment
Sanjay Sharma, Business Head - Dairy Products, Mother Dairy Fruit & Vegetable Pvt Ltd said, "Mother Dairy has stepped-up focus on the ghee category and has plans to outpace the industry growth rate in the next 3 years. Our efforts are aligned towards clocking a growth rate of more than 20 per cent, compared to the industry's growth rate of 13 per cent".
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Mother Dairy to scale up D2C app, to invest Rs 1,400 crore on capex
Mother Dairy is expanding its direct-to-consumer app amid changing consumer buying patterns and plans to invest Rs 1,400 crore on capacity expansion. Demand for value-added dairy remains strong despite an urban slowdown. The company aims for sales of Rs 20,000 crore by FY27 and is entering the protein market with affordable daily-consumption products.
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Mother Dairy to invest Rs 600 crore in new fruits, vegetable processing plants
Mother Dairy plans to invest Rs 600 crore to build two new processing plants in Gujarat and Andhra Pradesh. The Gujarat plant will cost Rs 400 crore and be completed in two years, while the Andhra Pradesh plant will cost Rs 150-200 crore. Additionally, a new Nagpur plant for milk processing is set to begin operations by 2026.