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Punjab National Bank (PNB), nation’s leading public sector bank, has partnered with Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMFL), better known as “AMUL” to offer financial services to Federation’s supply network pan India under the MUDRA scheme. An MoU to this effect was signed between PNB and GCMMFL (Amul) on July 1st, 2023 at PNB’s corporate office at Dwarka, New Delhi in the august presence of Sri Jayen Mehta, MD, GCMMFL, Sri M. Parama...
PNB partners with AMUL to support one of the largest dealer networks in India
PMK's Tamil Nadu President and former Union Minister Dr. Anbumani Ramadoss on Thursday called on the state government to increase the milk procurement price of Aavin so as to wade of threat from Amul. In a statement, he said that Aavin has a 16 per cent share of the milk market in Tamil Nadu and is facing a threat from Amul. The PMK leader urged Aavin to increase the number of procurement centres and simplify its procurement process. Gujarat-headquartered milk major Amul is plann...
PMK wants Aavin to raise procurement price of milk to wade off Amul threat
The Gujarat Cooperative Milk Marketing Federation (GCMMF) on Saturday hiked the Amul milk price by Rs 2 per litre in the state. This marks the first increase in milk prices since the state Assembly elections in December 2022. The GCMMF, which is the apex body of milk cooperatives in the state, typically announces milk price hikes in advance but did not do so this time. Sources suggest that the rise in cost of milk production due to increasing fodder and transportation prices has led to ...
Amul hikes milk price by Rs 2/ltr in Gujarat
Dell has been ranked as India’s Most Trusted Brand for the fourth consecutive year in TRA’s Brand Trust Report (BTR) 2023. Xiaomi Mobiles leads the Mobile Phone Category and is 2nd ranked for the third year and Titan Watches (up +5 ranks) is the 3rd Most Trusted Brand in India in 2023. TRA’s BTR 2023 is the twelfth edition in its series and is a result of a syndicated research of 2500+ consumer-influencers across 16 Indian cities. BMW (+3 ranks) is ranked 4th&nb...
Dell becomes India`s Most Trusted, Xiaomi Mobiles 2nd and Titan is 3rd in TRA`s Brand Trust Report 2023
Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) has increased prices of Amul pouch milk (all variants) by Rs 3 per litre with immediate effect. The price has been increased for the consumers in Delhi, Kolkata and Maharashtra. "We would like to inform you that the price of Amul pouch milk (all variants) has been revised upwards as under w.e.f. February 2, 2023 night dispatch (February 3, 2023 morning)," the GMCCF said in a statement. After the price hike, Amul Taaz...
Amul hikes milk price by Rs 3/litre for Delhi, Maharashtra & Kolkata consumers
Union Home Minister Amit Shah inaugurated a mega dairy built at a cost of Rs 260 crore in Mandya district of Karnataka on Friday. Addressing a public gathering after the inauguration, he stated that if Amul and Nandini work together jointly, in three years there will be primary diaries at every village level. The Karnataka Milk Federation (KMF) will get all technical support and cooperation from Amul, he said, adding that if Karnataka and Gujarat come together in this direction, it will...
Union Home Minister Amit Shah inaugurates mega dairy, talks of cooperation between Nandini, Amul brands
After Amul, another dairy major Mother Dairy has raised its milk prices by Rs 2 per litre on full cream and cow milk variants with effect from Sunday (October 16). A Mother Dairy spokesperson said that the dairy industry has been experiencing a consistent surge in raw milk prices, which has increased by about Rs 3/kg in the last two months alone, owing to multifold increase in varied input costs. "Increased fodder prices and low rainfall in some northern states have aggravated the ...
Mother Dairy raises milk prices by Rs 2 per litre on select variants
Key News Coal India subsidiary BCCL's output up by record 61% in February to 3.24 mt Coal India's subsidiary BCCL has posted a record 61 per cent growth in its production to 3.24 million tonne (mt) in February this year over the corresponding month last fiscal, a company statement said. Bharat Coking Coal Ltd (BCCL), a Dhanbad-based subsidiary of the Maharatna public sector undertaking, also claimed that it registered the highest offtake growth of around 66 per cent to 2.93 m...
Key News - Coal India Ltd, Amul, Oil and Natural Gas Corporation, Hatsun Agro Products, By ARETE Securities
Milk and milk products giant Amul on Monday announced an increase, by Rs 2 per litre, in milk rates for metro market - Delhi NCR, Ahmedabad, Mumbai and Kolkata - with effect from Tuesday. This is the second time that the brand is hiking its rates in this financial year. Full cream milk rates are set to rise to Rs 60 per litre from Rs 58 per litre at all four of these cities. Toned milk will be Rs 48 per litre in Ahmedabad, up from Rs 46 per litre while it will be Rs 50 per litre in Delh...
Amul increases rates by Rs 2/litre from March 1
Dairy giant Amul on Wednesday announced setting of their largest state-of-the-art plant in Telangana with an investment of Rs 500 crore in two phases. The plant will come up in a special food processing zone with an investment of about Rs 300 crore in first phase and Rs 200 crore in second phase. It will provide direct employment to more than 500 persons and opportunities to several ancillary industries. This will be Amul's largest plant in south India with capacity to process 5 lak...
Amul to set up Rs 500 crore plant in Telangana
Union Home Minister Amit Shah will launch a host of projects of Amul Dairy worth Rs 415 crore on Sunday. Shah arrived here on Saturday evening, and was welcomed by Gujarat Chief Minister Bhupendra Patel and MoS Home Harsh Sanghavi at the airport. On Sunday, the Home Minister will inaugurate AmulFed Dairy's new milk powder factory, a poly film manufacturing plant, and other projects set up at a combined cost Rs 415 crore in Gandhinagar. He will also inaugurate a new butter manufac...
Amit Shah to inaugurate Amul projects worth Rs 415 cr on Sunday
Days after prices of Amul milk (packed) increased by Rs 2 per litre, Delhi's leading milk supplier Mother Dairy too has announced an increase of Rs 2 per litre on Saturday. Consumers have to pay an increased price for Mother Dairy's milk from sunday, while Amul Milk has already implemented its revised prices from July 1. "Compelled to raise its liquid milk prices by Rs 2/litre in Delhi-NCR with effect from July 11, 2021," sources in Mother Dairy confirmed to IANS. O...
After Amul, Mother Dairy hikes milk prices by Rs 2/litre
Key News Asset monetisation drive of beleaguered BSNL, MTNL hits roadblock again The asset monetisation drive of the beleaguered Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) has hit a bump, yet again, as it faces land use change hurdles in some states. It is learnt that the monetisation exercise is not working and the department of telecommunications (DoT) will take a fresh look into it. Recently, during the review of the telecom sector by the Prime Minister, the iss...
Key News - BSNL, SpiceJet, Vodafone Idea Ltd, Tata Motors Ltd, Amul by ARETE Securities
Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), the marketers of the popular Amul brand of milk and dairy products, was awarded the 'Marketer of the Year' award by the International Advertising Association of India (IAAI) on Friday. Amul, the brand worth Rs 41,000 crore, is marketed by the GCMMF, the biggest cooperative owned by 36 lakh farmers of Gujarat. Amul, the most preferred brand in milk and dairy products, is not only known for its cooperative structure and far...
Amul awarded marketer of year
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