AMUL Enters European Market After US Success

By By Rediff Money Desk, KOLKATA
Oct 06, 2024 11:35
AMUL, India's largest milk producer, is expanding globally. After successful launch in the US, AMUL is now entering the European market, marking a historic moment for the brand.
Photograph: Amit Dave/Reuters
Jamshedpur, Oct 6 (PTI) Managing Director of AMUL and Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) Jayen Mehta said AMUL's recently launched milk in US has been "highly successful" and they are now ready to enter the European market, which would mark a historic moment for the brand.

Delivering the 11th Dr Verghese Kurien Memorial Oration on "AMUL Model: Transforming Lives of Million" organised by a private business management institute here on Saturday, Mehta said "India is now the largest milk producer in the world and is set to produce one-third of the world's total milk in the coming years", XLRI in a statement said.

"Dairy isn't just a business—it's a lifeline for rural India," he said.

Talking about Amul's recent launch of milk in the US, Mehta said it has been "highly successful", and they are now ready to enter the European market for the first time.

To stay relevant, Amul focuses on offering protein-rich, organic, and chemical-free products that customers trust, while continuously expanding their capacity and infrastructure, he said while praising the ecosystem developed by Dr Kurien, founder of AMUL.

Mehta said "If India could offer a gift to the world, it would be the cooperative working system—a gift Dr Kurien gave us. His belief in cooperation has sparked a new revolution in India."

Amul collects over 310 lakh litres of milk daily, with 107 dairy plants across India and over 50 products, Mehta said, adding that 22 billion packs are sold annually.

Amul has a turnover of Rs 80,000 crore and is now ranked as the strongest dairy and food brand globally, owned by 36 lakh farmers, he claimed.

Addressing the gathering, Nirmala Kurien – daughter of Dr Verghese Kurien, said more than half a century ago her father dared to dream that a milk-deficient country could one day become self-sufficient. Today, India stands as the world's largest producer of milk, she added.

Director of XLRI Jamshedpur Fr S George said Dr Verghese Kurien's life was characterized by a commitment to making a difference.
Read More On:
amuleuropean marketmilkdairygujarat co-operative milk marketing federation ltdgcmmfjayen mehtadr verghese kurienindiamilk producerglobal expansionfood brand
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

IndiGo Operations Normal After Systems Outage

IndiGo's operations returned to normal on Sunday after a systems outage on Saturday...

Ola Founder & Kunal Kamra Spar Over EV...

Ola founder Bhavish Agarwal and comedian Kunal Kamra clashed on X over Ola Electric's...

Godrej, Macrotech Sell ₹22,000 Cr Properties...

Godrej Properties and Macrotech Developers sold over ₹22,000 crore worth of...

Protect Workers && Manufacturers: GTRI...

Economic think tank GTRI suggests clear laws and SOPs to protect workers and...

Stable Policies Boost India's Manufacturing Growth

Experts say stable policies and improved ease of doing business in Indian states will...

Eco Hotels Targets Profitability by 2026,...

Eco Hotels and Resorts aims to achieve profitability by March 2026. The company has...

SBI to Hire 10,000 Employees in FY24: Focus on...

State Bank of India (SBI) plans to recruit 10,000 new employees in FY24, including tech...

Anil Ambani's Reliance Group Raises Rs 17,600...

Reliance Infrastructure and Reliance Power secure Rs 17,600 crore funding through...

CII Business Confidence Index Hits 2-Quarter...

The CII Business Confidence Index rose to 68.2 for July-September, driven by policy...

Airport Structural Safety: CBRI Advises Operators

India's government has engaged CBRI to advise airport operators on structural safety...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com