Dairy

Parag Milk Foods Ltd., a leading dairy FMCG player in India, posted a marginal year-on-year increase in net profit for the first quarter of FY26, reporting Rs. 27.58 crore. The company’s flat profitability reflects ongoing challenges linked to elevated raw material costs, even as revenue saw modest improvement. Despite these headwinds, Parag Milk Foods maintained a stable financial performance, backed by a steady product mix and growing demand for value-added dairy products.

Dodla Dairy Ltd, one of India’s prominent dairy companies, has announced the acquisition of Osam Dairy for Rs. 271 crore in an all-cash deal. This strategic move marks a significant step in Dodla's expansion into the eastern Indian market, specifically in Jharkhand, Bihar, and West Bengal, where Osam has built a strong distribution and processing presence.

Union Home and Cooperation Minister Amit Shah launched the Sardar Patel Cooperative Dairy Federation in Gujarat, a multi-state initiative aimed at revolutionizing milk procurement, pricing, and sustainability in the dairy sector. Drawing inspiration from Amul’s successful cooperative model, the federation seeks to empower farmers nationwide by ensuring fair returns and a circular economy. The event also commemorated four years of the Ministry of Cooperation and the 150th birth anniversary of Sardar Vallabhbhai Patel.

Uttar Pradesh has entered a strategic partnership with the National Dairy Development Board (NDDB) to modernize its dairy infrastructure, enhance income for milk producers, and revitalize the state’s rural economy. The MoU, signed between the Uttar Pradesh Cooperative Dairy Federation (PCDF) and NDDB, involves the operational handover of three key dairy plants in Kanpur, Gorakhpur, and Kannauj, as well as a feed production facility in Ambedkar Nagar.

In a major leap for animal health and rural economic stability, Punjab’s Animal Husbandry Department has vaccinated over 57.84 lakh cattle and buffaloes against foot-and-mouth disease (FMD), achieving a near-universal coverage rate of 99.56%. The large-scale immunization campaign was executed free of cost at farmers’ doorsteps by nearly 900 dedicated veterinary teams. This sweeping effort underscores the state government’s commitment to safeguarding livestock, mitigating disease-related economic losses, and supporting Punjab’s agrarian backbone.

Jharkhand Chief Minister Hemant Soren recently laid the foundation stone for a Rs. 80 crore milk powder plant in Ranchi, reinforcing the state’s commitment to strengthening its dairy and animal husbandry sectors. Set to be built within the Medha Dairy Plant campus at Hotwar, the facility will have a daily capacity of 20 tonnes. Addressing farmers at the ceremony, Soren emphasized the importance of value addition in agriculture, highlighting ongoing efforts to support farmers and promote sustainable, self-reliant agricultural practices.

In a landmark move, Gujarat Co-operative Milk Marketing Federation Ltd (Amul) has partnered with Spain's renowned dairy cooperative, COVAP, to introduce Amul Milk in Spain and across the European Union. The partnership will initially launch in major Spanish cities such as Madrid and Barcelona, with plans for further expansion across Europe. This collaboration not only marks Amul’s first entry into the European market but also underscores the global reach of Indian cooperatives.

The National Dairy Development Board (NDDB) has entered into a significant partnership with the Madhya Pradesh State Co-operative Dairy Federation (MPCDF) to elevate milk production in the state. Signed during a high-profile conference in Bhopal, the agreement marks a major milestone in Madhya Pradesh's goal to become India's leading milk producer. The pact will increase the number of milk co-operative societies, expand the state's dairy infrastructure, and enhance its contribution to national milk production.