Latest news with #GCMMF
Time of India
3 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.
Time of India
4 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.
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Business Standard
26-05-2025
- Business
- Business Standard
India seeks to shield small dairy farmers in free trade talks with US
India, the world's largest milk producer, must protect millions of small dairy farmers in its trade talks with the United States to avoid market disruption from any surge in US imports, industry officials said. India is negotiating a comprehensive bilateral trade agreement with the United States after Washington imposed reciprocal tariffs including a 26% duty on Indian goods, later paused for 90 days. The United States, whose dairy exports reached $8.22 billion last year, is pushing for greater access to India's dairy market, which remains shielded by high import duties and non-tariff barriers. "It is necessary that we do not give them very cheap access to our markets," said Jayen Mehta, managing director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which owns Amul, a household name and the country's largest dairy brand. "They are intended to dump their surplus in our country, which we cannot afford," Mehta said. The average herd size in India is only two to three animals per farmer, compared to hundreds in the United States - a difference that puts small Indian farmers at a disadvantage, industry officials say. India's dairy sector feeds more than 1.4 billion people and provides livelihoods to 80 million farmers, making it critical that trade negotiations do not harm milk producers, most of whom are rural poor, Mehta said. India accounts for nearly a quarter of global milk production, with output reaching 239 million metric tons, more than double US output of around 103 million tons. The Indian dairy industry is valued at $16.8 billion. New Delhi has previously excluded the dairy sector from bilateral trade agreements and will continue to protect it, as the government recognises its role in supporting small farmers, said R.S. Sodhi, president of the Indian Dairy Association. The country's dairy industry should also be protected due to cultural and dietary considerations, as cattle in the United States are often fed feed containing animal by-products, which does not align with Indian consumer preferences, Sodhi said. A senior official at the federal trade ministry said India is resisting pressure from the United States to open its dairy sector in the current bilateral trade talks. India will not surrender under any circumstances, and the dairy sector will continue to enjoy protection, said the official, who did not wish to be named since the deliberations were not public. Dairy farmers say they need government protection. "The government needs to make sure we're not hit by cheap imports from other countries," said farmer Mahesh Sakunde from the western state of Maharashtra. "If that happens, the whole industry will suffer, and so will farmers like us." (Reporting by Amit Dave and Rajendra Jadhav; additional reporting by Manoj Kumar; editing by Mayank Bhardwaj and Jan Harvey)
Business Recorder
26-05-2025
- Business
- Business Recorder
India's dairy sector pushes for safeguards in US trade talks
MUMBAI: India, the world's largest milk producer, must protect millions of small dairy farmers in its trade talks with the United States to avoid market disruption from any surge in U.S. imports, industry officials said. India is negotiating a comprehensive bilateral trade agreement with the United States after Washington imposed reciprocal tariffs including a 26% duty on Indian goods, later paused for 90 days. The United States, whose dairy exports reached $8.22 billion last year, is pushing for greater access to India's dairy market, which remains shielded by high import duties and non-tariff barriers. 'It is necessary that we do not give them very cheap access to our markets,' said Jayen Mehta, managing director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which owns Amul, a household name and the country's largest dairy brand. 'They are intended to dump their surplus in our country, which we cannot afford,' Mehta said. Trump says US doing 'big deals' with Pakistan, India The average herd size in India is only two to three animals per farmer, compared to hundreds in the United States – a difference that puts small Indian farmers at a disadvantage, industry officials say. India's dairy sector feeds more than 1.4 billion people and provides livelihoods to 80 million farmers, making it critical that trade negotiations do not harm milk producers, most of whom are rural poor, Mehta said. India accounts for nearly a quarter of global milk production, with output reaching 239 million metric tons, more than double U.S. output of around 103 million tons. The Indian dairy industry is valued at $16.8 billion. New Delhi has previously excluded the dairy sector from bilateral trade agreements and will continue to protect it, as the government recognises its role in supporting small farmers, said R.S. Sodhi, president of the Indian Dairy Association. Trump: India has offered US a trade deal with no tariffs The country's dairy industry should also be protected due to cultural and dietary considerations, as cattle in the United States are often fed feed containing animal by-products, which does not align with Indian consumer preferences, Sodhi said. A senior official at the federal trade ministry said India is resisting pressure from the United States to open its dairy sector in the current bilateral trade talks. India will not surrender under any circumstances, and the dairy sector will continue to enjoy protection, said the official, who did not wish to be named since the deliberations were not public. Dairy farmers say they need government protection. 'The government needs to make sure we're not hit by cheap imports from other countries,' said farmer Mahesh Sakunde from the western state of Maharashtra. 'If that happens, the whole industry will suffer, and so will farmers like us.'
Zawya
26-05-2025
- Business
- Zawya
India's dairy sector pushes for safeguards in US trade talks
India, the world's largest milk producer, must protect millions of small dairy farmers in its trade talks with the United States to avoid market disruption from any surge in U.S. imports, industry officials said. India is negotiating a comprehensive bilateral trade agreement with the United States after Washington imposed reciprocal tariffs including a 26% duty on Indian goods, later paused for 90 days. The United States, whose dairy exports reached $8.22 billion last year, is pushing for greater access to India's dairy market, which remains shielded by high import duties and non-tariff barriers. "It is necessary that we do not give them very cheap access to our markets," said Jayen Mehta, managing director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which owns Amul, a household name and the country's largest dairy brand. "They are intended to dump their surplus in our country, which we cannot afford," Mehta said. The average herd size in India is only two to three animals per farmer, compared to hundreds in the United States - a difference that puts small Indian farmers at a disadvantage, industry officials say. India's dairy sector feeds more than 1.4 billion people and provides livelihoods to 80 million farmers, making it critical that trade negotiations do not harm milk producers, most of whom are rural poor, Mehta said. India accounts for nearly a quarter of global milk production, with output reaching 239 million metric tons, more than double U.S. output of around 103 million tons. The Indian dairy industry is valued at $16.8 billion. New Delhi has previously excluded the dairy sector from bilateral trade agreements and will continue to protect it, as the government recognises its role in supporting small farmers, said R.S. Sodhi, president of the Indian Dairy Association. The country's dairy industry should also be protected due to cultural and dietary considerations, as cattle in the United States are often fed feed containing animal by-products, which does not align with Indian consumer preferences, Sodhi said. A senior official at the federal trade ministry said India is resisting pressure from the United States to open its dairy sector in the current bilateral trade talks. India will not surrender under any circumstances, and the dairy sector will continue to enjoy protection, said the official, who did not wish to be named since the deliberations were not public. Dairy farmers say they need government protection. "The government needs to make sure we're not hit by cheap imports from other countries," said farmer Mahesh Sakunde from the western state of Maharashtra. "If that happens, the whole industry will suffer, and so will farmers like us." (Reporting by Amit Dave and Rajendra Jadhav; additional reporting by Manoj Kumar; editing by Mayank Bhardwaj and Jan Harvey)
