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Amul emerges 15th in IFCN listing

Gujarat Cooperative Milk Marketing Federation s Amul ranks 15th among the top dairy organisations in the world
Amul emerges 15th in IFCN listing

Gujarat Cooperative Milk Marketing Federation’s Amul ranks 15th among the top dairy organisations in the world in International Farm Comparison Network’s listing.
 
Amul has emerged as the fastest growing dairy organisation as it jumped from the rank of 20 in 2012 to the current slot of 15th in terms of milk procurement and turnover per kg milk.
 
Gujarat Cooperative Milk Marketing Federation (GCMMF) expects the average milk procurement to remain around 155 lakh liters per day (LLPD) for the year 2014-15. According to R S Sodhi, Managing Director of the federation , milk procurement will increase by 15 per cent this year against last year. This is because of better pricing given to the farmers. He has attributed the growth procurement to 3.3 million farmers, who are associated with the company.
 
GCMMF has reported an annual turnover of Rs. 18,150 crore for 2013-14, and it is eyeing to reach Rs. 22,000 crore turnover this fiscal. “Last year was exceptional with higher sales including exports at Rs. 530 crore, and this year exports will be lower than last year. Amul figures much lower in the IFCN list as compared to other international players. This is mainly because of Amul being primarily present in India and its operations mainly focused in Gujarat,” Singh added.

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