Amul registers a record growth
Opportunity India Desk
Sep 29, 2017 -
1 min read
Milk cooperative major, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets milk products under the Amul brand, has registered a 32 per cent growth in sales turnover for the year 2013-14, a record for the federation in its 40-year history. The sales turnover is Rs 18,150 crore during 2013-14.
GCMMF has planned to achieve sales turnover of Rs. 30,000 crore by 2019-20. GCMMF has been achieving a value growth of more than 20 per cent since last five years because of higher milk procurement, continuous expansion in terms of adding new markets and launching of new products. GCMMF has also started six new branches in India during financial year 2013-14 to market milk and milk products in more efficient way.
GCMMF ranks among the top 15 dairy companies in the world in terms of milk processing. GCMMF has total own milk processing capacity of 230 lakh liters per day.
R S Sodhi, Managing Director, GCMMF said: “We have achieved volume sales growth in all product categories. Pouch milk which contributes around 45 per cent of sales turnover has shown volume growth in double digit. Further, he informed that GCMMF has exported milk and milk product worth Rs 525 crore during 2013-14 against Rs 140 crore during 2012-13.
