Showing posts with label Milk. Show all posts
Showing posts with label Milk. Show all posts

Poland beckons Indian dairy and animal husbandry businesses for partnerships in food processing


 Responsible for state policies and programme aimed at achieving growth in dairy and animal husbandry, Mr. Mahadev Jankar is keen to tie-up with Poland government for further growth and development.

Mumbai, September 22, 2016:
  “Maharashtra’s per day milk production has risen from 80,000 litres to 7.5 lakh litres paving the way for farmers to have an alternate source of livelihood, making it a potential sector for further development. India being the highest milk producing country in the world employs 8.5 million workers in livestock activities, making its performance quite impressive. Our state ranks first in buffalo population in the world, second in cattle and goat and third in sheep. Considering the potential this sector has, I invite the Polish government to consider investments and exchange of technology know-how, to bring about a revolution in the dairy sector which is in keeping with the governments aims to start a dairy development programme with the National Dairy Development Board by which 2000 villages of 11 districts will be benefitted”, said the Mr. Mahadev Jankar, Hon’ble Minister of Animal Husbandry, Dairy Development and Fisheries Department, Government of Maharashtra during an interactive session with the delegates of Poland at the World Trade Centre Mumbai jointly organised by World Trade Centre Mumbai and All India Association of Industries.


Poland beckons Indian dairy and animal husbandry businesses for partnerships in food processing

Poland beckons Indian dairy and animal husbandry businesses for partnerships in food processing

 Addressing the issue on farmers suicides in Maharashtra the Minister said, the proposed investment would avert the suicides as it would ‘provide an alternative means of income in case of a crop failure due to climatic conditions. Our government has already approved indigenous cow enhancement centre through our state and has initiated cage culture fishing which will create approximately one lakh employment”. Further he added, “We are working towards equipping each farmer with five cattle, 10 goats, a small poultry and a fish pond aiming to provide an alternative financial means of livelihood. In keeping with the ease of doing business, our department will launch one window system to bring speedy clearances of proposals and transparency”.

 Mr. Jaroslaw Olowski, Deputy President of Agricultural Market Agency, Poland said, “During 2015, bilateral trade amounted to US$2.2 billion. We have the expertise to handle 95 percent of our food processing requirements while India only handles 10%, which holds scope for Polish collaboration in this area. Polish apples are world famous and we supply one crore apples every year to India, while India can consider increasing mango exports”, He further added, We are here to understand the Indian markets, its distribution channels, products and policies of India to strengthen trade which will be combined with sales, besides, exchange of culture activities between Poland and India. 

 Speaking about the strengths of agriculture, dairy and animal husbandry sectors of Poland, Mr. Olowski said, “Poland is number one in poultry, number two in milk, number three in beef, number four in pork, number five in fruit, number six in vegetables and number seven in honey employing cutting-edge technology, high capacity, high efficiency which can cater to Indian tastes.
H.E. Tomasz Lubaszuk, Ambassador of the Republic of Poland who helped facilitated the event said that Poland looks forward to augment ties with India especially in agriculture and food processing sectors. The embassy lends support to Indian businesses to set up base in Poland and vice-versa and can be contacted for all assistance. There is great potential for culture and touristic exchanges which is proven from the fact that in the last 5 years, 8 Bollywood films were shot in Poland, opening further scope, said Mr. Lubaszuk.

Mr. Vijay Kalantri, Vice Chairman, World Trade Centre Mumbai & President of All India Association of Industries in his inaugural remarks said, “India’s bilateral trade with Poland has grown almost 7 fold over the last 10 years and India has invested US$ 3 billion in Poland making it one of the most important countries to engage in business. The central and union government has sanctioned a reasonable budget for agriculture which must be optimally used, keeping in mind the welfare of the farmers and the agriculture community. He raised concerns that as much as 40 per cent of agri-products perish before reaching to the market. This is where we need Polish expertise to develop the food processing and warehousing technologies. He further added that the farmer does not get his due share in the agriculture revenue and we need to develop a proper chain wherein farmers, agriculturalist and horticulturists are equally benefitted doing away with the middlemen.
 Capt. Somesh Batra, Vice Chairman, World Trade Centre Mumbai proposed the vote of thanks summing up the event. Recognizing the strengths of Polish agriculture and dairy industries, he said, Poland had grown since it acquired democratic status especially in the agriculture sector. 47 per cent of the land is utilized for agriculture and 30 per cent is under forest cover. The other sectors where India could look for collaborations are in tourism, mining, defence, chemicals, rubber, plastic, heavy machinery, readymade cotton garments, iron & steel etc.

Photo Caption : (L to R): Capt. Somesh Batra, Vice Chairman, WTC Mumbai, H.E. Tomasz Lubaszuk, Ambassador of the Republic of Poland, Mr. Jaroslaw Olowski, Deputy President of Agricultural Market Agency, Poland, Mr. Mahadev Jankar, Hon’ble Minister of Animal Husbandry, Dairy Development and Fisheries Department, Government of Maharashtra, Mr. Vijay Kalantri, Vice Chairman, World Trade Centre Mumbai & President of All India Association of Industries, Mr. Y. R. Warerkar, Executive Director, WTC Mumbai.
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Amul, India’s No. 1 Milk Producer, to set up their Ice Cream Manufacturing facility at Khed City, Pune.


Photo Caption:
From right to left–

Dr. H K Desai (GM Production, Amul)

Dr. K Rathnam (MD, Amul)

S K Kulkarni (OSD)

Sadhana Naik (CEO, Khed City)

M V Krishna (CFO, Khed City)

Prasad Lahane(Head Marketing Khed City)


Amul, India’s No. 1 Milk Producer, to set up their Ice Cream Manufacturing facility at Khed City, Pune.

Amul, India’s No. 1 Milk Producer, to set up their Ice Cream Manufacturing facility at Khed City, Pune.


India 17th August, 2016: Amul – The Taste of India, India’s No. 1 Milk Producer will be setting up a state-of-the-art Ice Cream manufacturing facility at Khed City, Pune. Dr. K Rathnam, Managing Director – Amul Dairy, signed a MoU with Khed Economic Infrastructure Pvt. Ltd. (KEIPL) on 30th July 2016.

Khed City is one of India’s Smart Emerging Industrial Townships in Pune District, being developed over 4,200 Acres by Khed Economic Infrastructure Pvt. Ltd. (KEIPL), a Joint Venture company between Kalyani Group and Maharashtra Industrial Development Corporation (MIDC).

Amul – India’s pride, brought white Revolution, the biggest Co-operative movement in Dairy sector. Visionaries like Late Sardar Vallabhbhai Patel, Late Morarjibhai Desai, Late P.M Lal Bahadur Shastri, Late Tribhvandas Patel and Late Dr. Kurian had contributed immensely to this Dairy Co-operative movement in Gujarat.  It is the backbone of Small and Middle level farmers.

“Pune is our largest market for Amul Ice-Cream and currently there is a supply shortage. We wanted a quick set up in and around Pune, and obviously, Khed City qualifies as our preferred destination. We have got around 11 acres land in Khed City for our new dairy plant. The facility is planned to commence its operation in twelve to eighteen months with an estimated investment of over Rs. 120 Crores”,said Dr. K. Rathnam, Managing Director – Amul Dairy.

“Investment of Amul in Khed City is a matter of pride for us. “Quick Set up” is our tag line.  This ready-to-move Industrial Townshipis one of Pune’s key industrial locationsthat houses 39 esteemed industrial clients, includingMars International India Pvt. Ltd., one of the world’s biggest Chocolate Manufacturerfrom USA, JSW MI Steel Service Center Pvt. Ltd. from Japan, Hyosung T&D India Pvt.Ltd. from South Korea, Gedia India Automotive Components Pvt. Ltd., Linnhoff India Pvt. Ltd., Lenze Mechatronics Pvt. Ltd. all from Germany, Hira Technologies Pvt. Ltd. & Maico Ventilation Pvt. Ltd. from Dubai etc. Khed City is a true testimony of Kalyani Group’s commitment to this sector and our ability to deliver results on the ground.Certainly Amul would bring revolution in socio-economic state of Khed Tahsil”, said CEO KEIPL.

Amul will manufacture ice cream and other Milk products in Khed City. Presence of Amul in Khed City, Pune will give immense boost to the Make in Maharashtra campaign and strengthen the rural economy further. The direct beneficiaries of which will be farmers associated with animal husbandry for producing milk. The local milk producing farmers will now have access to nationwide established market. They will get benefit from the veterinary services extended by Amul and also have access to high milk yielding fodder made available to the participating farmers through the co-operative.

About Kalyani Group

Kalyani Group, established in mid 1960s, is an Indian multi-national with high technology, engineering & manufacturing capability across several critical sectors such as Automotive, Power, Oil & Gas, Rail & Marine, Construction & Mining, Aerospace, etc. With end-to-end capability and manufacturing footprint across India, Germany and Sweden the Group has an annual turnover of USD 2.5 billion. Guided by visionary leadership of Mr. B. N. Kalyani, Group Chairman, with strong emphasis on market leadership through technology and it's over 10,000 strong engineering global workforce, the group today is a market leader in all its respective business segments.
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Parag Milk Foods Limited Public Issue to open on Wednesday, May 4, 2016, and to close on Friday, May 6, 2016


April 27,  13.06 PM IST || Pocket News Alert

Price Band fixed from Rs. 220 to Rs. 227 per Equity Share

Discount of up to Rs. 12 on Issue Price (per Equity Share) to all eligible Retail Individual Bidders and Eligible Employees

Parag Milk Foods Limited Public Issue to open on Wednesday, May 4, 2016, and to close on Friday, May 6, 2016

Parag Milk Foods Limited Public Issue to open on Wednesday, May 4, 2016, and to close on Friday, May 6, 2016

Parag Milk Foods Limited Public Issue to open on Wednesday, May 4, 2016, and to close on Friday, May 6, 2016


MUMBAI, Parag Milk Foods Limited  proposes to open on Wednesday, May 4, 2016, a Public Issue of its equity shares of face value of Rs. 10 each  for cash at a Price Band from Rs. 220 to Rs. 227 per Equity Share (including a share premium per Equity Share) consisting of a fresh issue of Equity Shares aggregating up to Rs. 3,000 million  and an offer for sale of up to 20,572,573 Equity Shares comprising of 14,286,449 Equity Shares by the Investor Selling Shareholders; and 6,286,124 Equity Shares by Other Selling Shareholders (the “Offer for Sale” and the Offer for Sale and the Fresh Issue are collectively referred to as the “Issue”). The Issue includes a reservation of 300,000 Equity Shares for subscription by Eligible Employees (the “Employee Reservation Portion”). The Issue less the Employee Reservation Portion is referred to herein as the Net Issue.

Bids can be made for a minimum of 65 Equity Shares and in multiples of 65 Equity Shares thereafter. The Company and the Investor Selling Shareholders may, in consultation with the Book Running Lead Managers (the “BRLMs”), consider participation by Anchor Investors in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the “SEBI Regulations”). The Anchor Investor Bid/Issue Period shall be one Working Day prior to the Bid/Issue Opening Date. The Bid/Issue Period will close on Friday, May 6, 2016.

The Issue is being made through the Book Building Process, in compliance with Regulation 26(2) of the SEBI Regulations, wherein at least 75% of the Net Issue shall be Allotted on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that the Company in consultation with the Investor Selling Shareholders and the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis. Further, 5% of the QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Issue Price. If at least 75% of the Net Issue cannot be allotted to QIBs, then the entire application money shall be refunded forthwith. Further, not more than 15% of the Net Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not more than 10% of the Net Issue shall be available for allocation to Retail Individual Bidders in accordance with the SEBI Regulations, subject to valid Bids being received at or above the Issue Price. Further, 300,000 Equity Shares will be available for allocation on a proportionate basis to Eligible Employees, subject to valid Bids being received from them at or above Issue Price after the Employee Discount. The Company in consultation with the Investor Selling Shareholders and the BRLMs will offer a discount of up to Rs. 12 per Equity Share on the Issue Price to Eligible Employees and a discount of up to Rs. 12 per Equity Share on the Issue Price to the Retail Individual Bidders. Under-subscription, if any, in the Employee Reservation Portion will be added back to the Net Issue portion. All potential investors, other than Anchor Investors, are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank account which will be blocked by the Self Certified Syndicate Banks (“SCSBs”), to participate in the Issue.

Parag Milk currently produces cheese under “Go” brand with a sizeable market share in the Rs $195 million cheese market in India. But, “Go Almette” brand has no competition in India as such products are not available. Parag Milk is planning to import “Go Almette” from Germany currently with future aim to set up a manufacturing plant in India.

Speaking to the media persons Devendra Shah, Chairman, Parag Milk said, “This launch is an attempt to continue our expansion in cheese market with a unique imported product. With this, we are broadening our portfolio of consumer health and nutrition based products.”

Parag Milk Foods sells its cheese under the brand name ‘Go’. The company’s cheese plant, located in Manchar, is one of Asia’s largest cheese plants having a production capacity of 40,000 tonnes/ day. It is one of the only two facilities in Asia having UHT technology. Moreover, Parag Milk Foods is one of the largest suppliers of cheese to hotels, restaurants, pizza chains, street food stalls in India. “We are also exporting to 33 countries worldwide including the Middle-East, North Africa and South-East Asia, etc,” mentions Devendra Shah, chairman, Parag Milk Foods.

To broaden its product range under the ‘Go’ cheese brand and penetrate further into the Indian cheese market, Parag Milk Foods has tied-up with German cheese manufacturer Hochland Group and has introduced the latter’s premium category cream cheese product ‘Almette’ into the India market. Parag Milk Foods also plans to tie-up with major e-commerce portals for consumers to buy it online. Shah adds, “Currently, we have launched two variants under Go-Almette and will soon be launching other variants as well. In the future we will be expanding our product portfolio with an increased focus on health and nutrition based products.”ends
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