Amul aims to achieve a turnover of Rs 50,000 crore by 2021

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the popular Amul brand of milk and dairy products, has announced in its 45th Almanac General Meeting that information technology aims to achieve a turnover of Rs fifty,000 crore by 2020-21. In the long-term, Amul aims to establish itself as the largest dairy system in the world.

GCMMF has registered a turnover of Rs. 33,150 Crores for the financial yr 2018- 19. The sales turnover achieved past the visitor is xiii% higher than in the previous financial year. Whereas, the total turnover of GCMMF products sold nether the Amul brand is over U.s.a.$ half-dozen.5 billion (approx Rs 45,000 crores).

Ramsinhbhai P Parmar, chairman of GCMMF said that in the past nine years, milk procurement has witnessed an increase of 153% owing to high price paid to the farmer-members. Milk procurement price has increased by 105% in this catamenia.

He farther added that the fourth dimension is ripe for the second white revolution given that the demand for milk in Bharat is seen going up to 65 crore litres per day in 2050-51 from the current level of 48 crore litres per day. This means that India's milk production needs to grow at around 3.two% CAGR for the next twoscore years. This can be possible only when dairy farmers are given stable and remunerative prices through proper market linkage.

R S Sodhi, managing manager of GCMMF added that GCMMF has already upped total milk processing capacity to 360 lakh litres per day which is expected to go up to 400 lakh litres per day in the next two years. In Gandhinagar, Gujarat, AmulFed Dairy's chapters expansion from 35 lakh litres per day to l lakh litres per solar day further underlines its status as the largest dairy manufactory in India.

In that concluding couple of years, several make new dairy plants accept already been deputed in different parts of India. These include two eight lakh litres per day chapters plants – one at Taloja, Navi Bombay; and the other at Navapura nigh Ahmedabad. It has as well commissioned two other ii lakh litres per twenty-four hour period chapters plants in Junagadh and Porbandar.

Autonomously from this, the company is also expanding its milk powder manufacturing capacity at Himmatnagar. "Our new chocolate factory has boosted our production capacity to 1300 MTs per month, enabling us to launch several new and unique flavoured chocolates which take been alluring huge interest from chocolate lovers and being received favourably by consumers," he said.

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