Anand (Gujarat): The combined turnover of Amul brand milk and dairy products, marketed by Gujarat Cooperative Milk Marketing Federation (GCMMF), has registered a sales turnover of Rs. 38,542 crores for the financial year 2019-20, which is 17% higher than the previous fiscal.
“The group turnover of GCMMF and its constituent member unions, representing consolidated turnover of all products sold under Amul brand is exceeding Rs. 52,000 crore ($7 billion). It aims to achieve a group business turnover of Rs 1 lakh crore by 2024-25”, said a spokesman.
Significantly, Amul was ranked 18th largest dairy organization of the world in 2011. Since then, it has risen to the 9th spot, Ramsinh Parmar, Chairman of GCMMF, informed.
“During the last ten years, our milk procurement has witnessed a phenomenal increase of 138% from 90.93 Lakh Liters Per Day (LLPD) in 2009-10 to 215.96 LLPD in 2019-20. This growth was possible only due to the high price paid to our farmer-members for milk procurement which has increased by 127% from Rs. 337 per kg to 765 per kg”, he told the 46th AGM.
Even during global pandemic, the Amul cooperatives converted the crisis into an opportunity. “In the lockdown period, milk unions of Gujarat procured an additional 35 lakh liters of milk per day, which means we have given around Rs. 800 crore extra to the rural milk producers”.
Jethabhai Bharwad, Vice-Chairman, GCMMF, said that for the last 21 years, India continues to be the largest producer of milk in the world and is likely to retain its prime position with an annual growth rate of 5.5% during the last three to four years as against global milk production, which is growing at 2.0%. India contributes almost 50% of the global growth in milk production. The monetary value of milk produced in India is around Rs. 8 lakh crores which is more than the total value of all pulses and grain put together.
Referring to Prime Minister Narendra Modi’s initiative on Atmanirbhar Bharat (Self-Reliant India), he said India is already one in the dairy sector as its dairy farmers produce enough milk to meet cent per cent of the country’s demand for milk and dairy products.
Dr. R S Sodhi, Managing Director, GCMMF, emphasized that the government has allocated Rs. 15,000 crore for dairy infrastructure fund for the establishment of supply chain and dairy plants for enhancing the dairy and milk processing capacity. With this fund, the Indian dairy industry can build around 4 to 5 crore litres of extra capacity. These extra milk collected and processed by the organised dairy industry will provide livelihood to approximately 30 lakh people in rural India. This is really the need of the hour, when hundreds of thousands of people have migrated back to their villages from urban centers.
(PRACHI)