Latest news with #AmulMilk
Time of India
4 days ago
- Business
- Time of India
Government to discontinue Bharat brand products as food prices stabilise
The government has discontinued the Bharat brand products, including subsidized wheat, rice, and pulses, due to stabilized prices and decreased food inflation. Increased domestic production of rice, wheat, maize, and pulses, coupled with a favorable monsoon forecast, has led to this decision. The Bharat brand may be reintroduced if prices rise again in the future. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Cons. Products 1. GCMMF launches Amul Milk in Spain The government has decided to discontinue Bharat brand products as prices of essential food items such as wheat, rice and pulses have stabilised, with food inflation falling to 1.78% in April from 8.7% a year this, the Centre has made the Bharat brand, a label it launched in 2023 to provide food grains and other essential food items to the middle class at subsidised prices, a periodic tool for price stabilisation instead of a perennial product."We have decided to discontinue the Bharat brand products as prices of all major food items have come down because of increase in production," said a senior government official from the consumer affairs, food and public distribution ministry, who did not wish to be stores owned by government agencies - National Agricultural Cooperative Marketing Federation of India (NAFED) and National Cooperative Consumers' Federation of India (NCCF) - have stopped selling Bharat Atta, Bharat Rice and Bharat dals in their has produced record rice, wheat and maize in the 2024-25 kharif season, according to the agriculture and farmers' welfare ministry's second advance estimates of production of major agricultural crops. Production of major pulses - tur, gram and lentils - has also gone up compared to the previous season, bringing prices under forecast of a good monsoon during the June-September period has led to expectations of a robust production which will help keep prices under check. "There does not seem to be an immediate need to sell food at subsidised prices," the official cost of home-cooked vegetarian and non-vegetarian thalis declined by about 6% each year-on-year in May, said ratings agency Crisil in its latest 'Roti Rice Rate' report. However, there is a possibility of launching the next phase of the brand in case prices go up in the future or if the government's procurement of a certain item increases, the official said.
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Business Standard
5 days ago
- Business
- Business Standard
Amul partners with COVAP to launch milk in Spain, eyes expansion in Europe
The Gujarat Cooperative Milk Marketing Federation (Amul), marketer of products under the brand name Amul, announced a strategic partnership with Spain's Cooperativa Ganadera del Valle de los Pedroches (COVAP) to introduce its flagship milk product in Spain and the European Union, the Mint reported. The rollout will begin in Madrid and Barcelona, followed by cities including Malaga, Valencia, Alicante, Seville, Córdoba, and Lisbon in Portugal. In the future, Amul plans to expand into other European markets like Germany, Italy, and Switzerland. The official launch event was held at the Embassy of India in Madrid. Amul's Managing Director, Jayen Mehta, said 'This association will ensure all our Spanish consumers will be nourished and energised with the goodness of Amul Milk. This is the first time that Amul fresh milk is being launched in Europe.' Highlighting India's broader vision for global dairy expansion, Mehta said, 'It is our great pleasure to bring the taste of India to the world, in alignment with the vision of our Honourable Prime Minister, Narendra Modi, to make Amul a global dairy brand…' COVAP, founded in 1959 in Pozoblanco, Córdoba, is a leading Spanish cooperative with more than 2,000 active farmer-members. Its advanced dairy plant processes over 400 million litres of milk annually, exporting to more than 30 countries, including the US, UK, and parts of Asia. Commenting on the collaboration, COVAP President Ricardo Delgado Vizcaíno said, 'This partnership with Amul allows us to work with another cooperative to help them grow their brand in Spain, benefitting not only our dairy farmer members but those in India as well..." Amul: India's dairy powerhouse Amul, the world's largest farmer-owned dairy cooperative with 3.6 million members, processes over 12 billion litres of milk annually through its 112 dairy plants across India. It boasts a turnover exceeding $11 billion and is recognised as the world's strongest dairy brand by global rankings. In April this year, Amul raised the price of its fresh pouch milk by ₹2 per litre across the country. This represents a 3–4 per cent increase in the maximum retail price, which the cooperative emphasised is significantly below the average rate of food inflation. In its statement, Amul highlighted that it distributes 80 paise of every rupee earned from the sale of milk and milk products back to milk producers. 'The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production,' the statement said. Meanwhile, Mother Dairy also implemented a similar price hike of ₹2 per litre. The release further said that Amul had extended benefits to consumers last year by adding 50 ml and 100 ml extra milk to 1-litre and 2-litre packs for nearly five months. Additionally, the price of 1-litre packs was reduced by ₹1 in all markets from January. Amul clarified that there had been no price increase in fresh pouch milk since June 2024.
Mint
5 days ago
- Business
- Mint
Amul expands international operations, launches milk in Spain & EU
The Gujarat Co-operative Milk Marketing Federation Limited (Amul) and Cooperativa Ganadera del Valle de los Pedroches (COVAP), a leading Spanish cooperative, inked a fresh deal to introduce Amul milk in Spain and across the European Union. The official launch was held at the Embassy of India in Madrid and the event was attended by H.E. Dinesh K Patnaik, Ambassador of India to Spain, along with D. Fernando Heredia Noguera, Deputy Director for International Relations and Community Affairs at the Spanish Ministry of Agriculture, Fisheries and Food. Ricardo Delgado Vizcaíno, President of COVAP, as well as senior representatives from Amul and its Spanish distribution partners, were also present there. Amul with its 3.6 million dairy farmers is the world's largest farmer owned dairy cooperative. The Amul brand is rated as world's strongest dairy brand and India's largest consumer products group brand with a turnover of more than USD 11 billion and handling more than 12 billion litres of milk every year. Amul is also world's 8th largest milk processor (Ranking by IFCN), it operates 112 dairy plants across India with a total milk handling capacity of 42 million litres per day. COVAP is Spain's first-tier cooperative, founded in 1959 in Pozoblanco, Córdoba. With over 2,000 active farmer-members, COVAP is a cornerstone of Andalusia's agri-food sector. Their dairy plant, one of Europe's most advanced, processes more than 400 million liters of milk annually. COVAP exports to over 30 countries, including the US, the UK and various Asian markets. Through this partnership, Amul Milk will be launched initially in Madrid, Barcelona, and subsequently it will be launched in Malaga, Valencia, Alicante, Seville, Córdoba and Lisbon in Portugal. In the future, Amul also plans to launch milk and other products in countries like Germany, Italy, and Switzerland. Jayen Mehta, Managing Director, Amul said, 'We are very honoured and pleased to enter an association with COVAP, a very respected Spanish dairy cooperative. This association will ensure all our Spanish consumers will be nourished and energized with the goodness of Amul Milk. This is for the first time that Amul fresh milk is being launched in Europe. It is our great pleasure to bring the taste of India to the world, in alignment with the vision of our Honourable Prime Minister, Mr Narendra Modi to make Amul a global dairy brand. We at Amul are confident that in 2025, the International Year of Cooperatives, as declared by the United Nations, our team will bring the brand Amul closer to every Indian across the world and showcase the power of cooperation between cooperatives.' COVAP President Ricardo Delgado Vizcaíno - 'This partnership with Amul allows us to work with another cooperative to help them grow their brand in Spain, benefitting not only our own dairy farmer members, but those in India as well. The collaboration brings together COVAP technology capabilities and high-quality milk with the Amul brand's rapidly growing and well-known, international reputation for premium dairy products.'
Time of India
6 days ago
- Business
- Time of India
GCMMF launches Amul Milk in Spain
Amul milk is now available in Spain. Gujarat Cooperative Milk Marketing Federation has partnered with Cooperativa Ganadera del Valle de los Pedroches. Initially, Amul milk will be sold in Madrid and Barcelona. Later, it will expand to other Spanish cities and Lisbon, Portugal. Amul plans to introduce more products in Germany, Italy, and Switzerland. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Gujarat Co-operative Milk Marketing Federation Ltd ( GCMMF ), which sells dairy products , has launched Amul Milk in a statement on Wednesday, the GCMMF announced "its partnership with Cooperativa Ganadera del Valle de los Pedroches (COVAP), Spain's first-tier cooperative to launch Amul Milk in Spain and EU."Through this partnership, Amul milk will be launched initially in Madrid, Barcelona, and subsequently it will be launched in Malaga, Valencia, Alicante, Seville, Cordoba and Lisbon in the future, Amul also plans to launch milk and other products in countries like Germany, Italy, and launch event took place at the Embassy of India, Mehta, Managing Director of GCMMF, said, "This association will ensure all our Spanish consumers will be nourished and energized with the goodness of Amul Milk."When contacted, Mehta said the GCMMF will sell Amul Gold full cream milk in tetra pack with a shelf life of six months. The placement of milk has started in the year, the federation had launched fresh milk in the US recorded an 11 per cent rise in its revenue to Rs 65,911 crore during the last fiscal, mainly driven by an increase in volumes across all launch took place in the presence of Dinesh K Patnaik, Ambassador of India to the Kingdom of Spain, D. Fernando Heredia Noguera, Deputy Director for International Relations and Community Affairs, Spanish Ministry of Agriculture, Fisheries and Food, Ricardo Delgado Vizcaino, President, COVAP and senior officials of Amul and its channel partners of with its 3.6 million dairy farmers is the world's largest farmer owned dairy cooperative The Amul brand is rated as the world's strongest dairy brand and India's largest consumer products group brand with a turnover of more than USD 11 billion and handling more than 12 billion litres of milk every is also world's 8th largest milk processor (Ranking by IFCN), it operates 112 dairy plants across India with a total milk handling capacity of 42 million litres per is Spain's first-tier cooperative, founded in 1959 in Pozoblanco, over 2,000 active farmer-members, COVAP is a cornerstone of Andalusia's agri-food sector. Their dairy plant, one of Europe's most advanced, processes more than 400 million liters of milk annually. COVAP exports to over 30 countries, including the US, UK, and various Asian markets.
Indian Express
30-04-2025
- Business
- Indian Express
Amul milk prices up by Rs 2 per litre; GCMMF says ‘lower than average food inflation'
Amul Milk is all set to get dearer by Rs 2 per litre across the country, effective from Thursday. The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and milk products under the brand name of Amul, has announced an increase of Rs 2 per litre on all variants of fresh milk pouches. As per the new effective rates for Gujarat, 500ml of Amul Gold will now cost Rs 34, while 1 litre pack will cost Rs 67, Amul Shakti will cost Rs 31 for a 500 ml pouch, Amul Taaza will cost Rs 28 for a 500ml pouch and Rs 55 for 1 litre pouch, while 500 ml pouch of buffalo milk will now cost Rs 37 and 1 litre will cost Rs 73. Amul T Special will cost Rs 63 for the standard one litre pouch, while cow milk will cost Rs 29 for a 500 ml pouch. In a release late on Wednesday evening, the GCMMF said, 'The increase of Rs 2 per litre translates to range of 3-4% increase in MRP, which is much lower than the average food inflation, It is worthwhile to note that Amul offered benefits to the consumers by giving 50ml and 100ml extra milk on 1 litre and 2 litres packs for almost five months in the last year and thereafter also reduced the prices of 1 litre packs by Re 1 across all markets since January 2025. The GCMMF has made no increase in prices of fresh pouch milk since June 2024.' Attributing the price hike to 'increase in input costs of production of milk to 36 lakh milk producers', the release said, 'Our member unions have also increased farmer's price in the same proportion over the last one year. Amul as a policy passees on almost 80 paise of every rupee paid by the consumers for milk and milk products to the milk producers. The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production.'
