Amul eyes Rs 30,000 crore turnover by 2018-19

NEW DELHI: The turnover of the Amul brand of milk and milk products crossed Rs 18,000 crore in 2013-14 by jumping 32% from the previous year, leading the Gujarat Cooperative Milk Marketing Federation to advance its target of achieving Rs 30,000 crore of annual sales.

The just-ended fiscal year’s sales growth was the fastest in the history of the four-decade-old dairy cooperative. Amul earned Rs 525 crore from exports during the year.

“We achieved this kind of growth by intensifying our efforts on milk procurement, processing and expanding distribution network,” the federation’s managing director, RS Sodhi, told ET. “We witnessed growth in demand for both our traditional and modern milk products ranging from butter to Kool range of beverages,” he said.

“In view of the market outlook, we are confident of achieving sales turnover of Rs 30,000 crore by 2018-19, ahead of our Vision 2020.”

In 2013-14, the 18 district unions that form the federation procured an average 135 lakh litres of milk each day, including 20 lakh from outside of Gujarat.