Amul Dairy pays highest procurement price to farmers
The Kaira District Co-operative Milk Producers Union Limited (KDCMPUL) popularly known as Amul Dairy on Saturday announced that it has paid the highest milk procurement prices to farmers in the country.
On Saturday, Amul Dairy had organised its 72nd annual general body meeting during which the milk union said that in financial year 2017-18, it paid Rs 783 per kilo fat as procurement price to its farmer members – which is highest in the country.
Last year, the district dairy union had paid Rs 698 per kilo fat as procurement price. “The procurement price which we are paying is highest not only in Gujarat but across the country,” said Amul Dairy’s chairman Ramsinh Parmar.
Officials said that the average procurement price paid by member unions of the Gujarat Co-operative Milk Marketing Federation (GCMMF) – the apex marketing body of all the 18 district dairy unions of Gujarat – currently stands at Rs 710 per kilo fat.
After the AGM, the total pay-out to farmers is Rs 325 crore. Amul Dairy has seven lakh farmers as its members who are linked with 1,200 village level milk societies in Anand and Kheda districts.
Parmar said that in the last seven years, both the price paid to farmers and milk procured from them has doubled while the dairy’s turnover has tripled.
In 2010-11, the dairy was paying Rs 310 per kilo fat which has reached Rs 783 per kilo fat. Similarly, it used to procure 15 lakh litres per day (LLPD) in 2010-11 which has increased to 30 LLPD.
The dairy which has clocked Rs 6,256 crore annual turnover in financial year 2017-18 has witnessed 10% growth in its turnover compared to previous year when it had registered Rs 5,700 crore turnover.
Further, a total of Rs 339 crore has been approved for capacity expansion and setting up of new plants this year. The dairy union is setting up two new plants including one in Pune in Maharashtra and another near Kolkata in West Bengal while it is also expanding its milk processing capacity in Anand and enhancing cheese manufacturing capacity at its Khatraj plant.
“At Kolkata, we are setting up a plant to process 15 LLPD milk while at Pune, we are setting up a plant to process 5 LLPD milk along with one LLPD ice-cream,” said an Amul Dairy official, adding that land required for both the projects has already been purchased.
Source: Times of India