Snapshots of Food Industry News Amul brand plans for a turnover of Rs.50, 000 crores by 2020 Owned by Gujarat Cooperative Milk Marketing Federation (GCMMF), the Amul brand is eyeing a turnover of Rs.50, 000 crores by 2020. In the fiscal 2015-16 they reflected a turnover of Rs.23.005 crores. Amul is a dairy major and […]
Food Industry This Week – India’s Food Industry Growth, Takeovers & Launches
Snapshots of Food Industry News India’s food industry to be worth Rs.4 lakh crore by 2018 India’s food industry is likely to grow at 11 per cent and will reach Rs.4 lakh crore or US$65.40 billion by 2018. The IIM-Calcutta and Academic Foundation have jointly said that at present the food industry is worth US$39.71 […]
Food Industry This Week – Expansions & Splits
Amul Looks to Expand in East India Gujarat Cooperative Milk Marketing Federation (GCMMF) that makes Amul milk will invest Rs.250crore to set up the biggest processing plant near Kolkata. The plant will serve Kolkata and its vicinity and will produce milk and lassi and have a capacity of 10lakh litres of milk a day. They […]