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PANEER AND CHEESE MARKET
Temasek arm backs Milky Mist ahead of IPO as part of Rs 482 crore pre-listing roundMilky Mist Dairy Food has raised Rs 482 crore in a Temasek-backed pre-IPO round, led by Jongsong Investments. The funding strengthens its b...
Amul cuts prices of 700 product packs, ghee to be cheaper by Rs 40/litre from Sep 22GCMMF, the owner of Amul brand, has declared a reduction in the retail prices of over 700 product packs, encompassing items like ghee, butt...
Mother Dairy to slash paneer, butter & certain milk prices as company passes on GST benefits. Check new pricesMother Dairy is reducing prices across its dairy and food products from September 22, following the government’s GST 2.0 reform. UHT milk, ...
Dairy sector may gain Rs 11,400 crore from GST resetThe GST rate cuts are expected to curb adulteration and boost farmers’ incomes
Reduction in GST rates of dairy products would have far-reaching benefits: Milky MistMilky Mist Dairy Food Ltd.'s CEO, K Rathnam, hails the GST rate reduction on dairy products as a significant boost for consumers and farmer...
Milky Mist Dairy files for Rs 2,035 crore IPO, targets expansion and debt reductionMilky Mist Dairy Food has filed for a ₹2,035 crore IPO, including a ₹1,785 crore fresh issue. Funds will be used for debt repayment, capaci...
A centuries-old Indian cheese takes hold in AmericaNow a beloved Indian staple is making inroads in the U.S., even though it’s been around since the 1500s. Paneer is the firm cheese that’s t...
Cooking at home proves healthy for food companies, tooFood companies and wholesalers such as Amul, Del Monte, Adani Wilmar, Mala's and Metro Cash & Carry said that the packaged foods categories...
Sales of dairy products soar as people work & eat from homeSome large dairies across the country have reported 50-100% jump in monthly sales of cheese, butter, paneer, cream and dairy whitener in Ap...
With rising popularity of cheese, there's no need to cry over split milkThe non-vegetarians among them are especially cheesed off by paneer being touted as the default vegetarian alternative to meat dishes, as t...
Parag Milk’s focus on value addition to draw investorsThe cheese business contributed 21 per cent to the company’s revenue in FY17.
Move over gouda & parmesan! Indian cheese like chhurpi, kalari have unique tastes and tales to tellMany believe the Europeans introduced India to cheese-making traditions. But physicist-turned-cheese-maker Aditya Raghavan says cheese maki...
Milky Mist ropes in PE cos for expansionThe Rs 300-crore round will shed about a fifth of the stake in the company fully owned by founder and managing director Sathish Kumar and h...
From kalari to gur chenna, Bengaluru is saying 'cheese' the Indian wayHandcrafted and artisanal cheese has found its way into the city's foodscape in a big way.
Big opportunity for dairy sector in India; focus on domestic market: Vivek Nirmal, Prabhat Dairy"A slew of new products have been added to the portfolio in past one year, and we expect different variants of these products to be coming ...
Parag Milk to more than double exports to Rs 300 croreThe company exports cheese and ghee to 27 countries in the Middle East, South East Asia and North Africa and is looking to increase export ...
Amul calls for a relook at EU-India Free Trade AgreementEU subsidises their milk farmers by giving various incentives on export of their dairy products which actually make their products cheaper ...
- Vimal Group to launch dairy alternatives
Vimal Group will launch dairy alternatives for Indians who are chosing to be vegans or are simply lactose intolerant.
- Amul kicks off largest distribution exercise
Amul will locate feeder markets after identifying state-wise districts where the brand has relatively larger distribution gaps.
- Amul targets Rs 30,000-crore sales by 2020
R S Sodhi, the new managing director of Gujarat Co-operative Milk Marketing Federation, wants to convert Amul into a strong food brand by p...