Amul's Rs 1 Lakh Crore Milestone: A Triumph of Dairy Innovation
Dairy giant Amul has surpassed the Rs 1 lakh crore turnover mark, highlighting significant growth driven by robust product demand and a nationwide distribution network. This achievement underscores the enduring success of the cooperative model, supported by over 3.6 million farmers contributing to Amul's global reach and innovation.
- Country:
- India
In a notable achievement, dairy behemoth Amul announced a significant financial milestone, surpassing a turnover of Rs 1 lakh crore in the last fiscal year. Fueled by increased demand for dairy products, this 11 percent growth marks a pivotal moment for the brand.
The Gujarat Cooperative Milk Marketing Federation (GCMMF), which manages the Amul brand, attributed this success to an expansive product range, a comprehensive distribution network, and the strategic addressing of evolving consumer demands.
Key figures, including GCMMF Chairman Ashokbhai Chaudhary and Vice Chairman Gordhanbhai Dhameliya, hailed the milestone as a win for cooperative principles, crediting the tireless efforts of 3.6 million affiliated farmers. Managing Director Jayen Mehta emphasized Amul's commitment to advancing its global reach and innovating farmer-owned business models.
(With inputs from agencies.)
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