The Karnataka Milk Federation is mushrooming fast and has been emerging out as one the standard brands of dairy products in the global market.
The Karnataka Milk Federation is mushrooming fast and has been emerging out as one the standard brands of dairy products in the global market.
The Karnataka Milk Federation- Looking forward to the ways that may enhance its expansion in the so called growing dairy industry with dairy products.
Of late, the Karnataka Cooperative Milk Producers’ Federation Ltd (KMF) is glancing at a 20% sales growth during this current fiscal. This Federation has launched its Nandini brand of fresh milk and dairy products in the city on 15th May, 2015, after having advanced Rs.10,600 crore in total sales the last fiscal. It has been revealed by the Managing Director of KMF, S N Jayaram that they are having a dairy processing plant capacity of 64 lakh litres of milk per day and are focussing to touch the 70 lakh litres of milk per day margin.
In the coming two years, this Federation is looking forward to invest Rs.2000 crore in connection with its expansion. Also the KMF had made collaboration with Bigbasket.com for the initiative of launching the mobile app for allowing their customers to purchase fresh milk and other Nandini brand products such as dairy products.
It has been reported that the twin cities of Hyderabad and Secunderabad will be having the Nandini brand of homogenised milk disposed of through the means of hundreds of distributors from 15th May, 2015 onwards. It has been proclaimed by S N Jayaram, that their milk prices to be as Rs.36 per litre is less in contrast to other brands. Jayaram further summoned the fact that they are targeting to sell one lakh litres of milk daily in the city of Hyderabad, where the milk is procured from Vijayapura and Belagavi , and finally is being processed in Hyderabad at a Franchisee facility.
Other sorts of facilities such as bulk milk coolers, processing units besides packaging and the marketing facilities will be met by KMF through the investment of Rs.2000 crore over the next two years. The KMF was previously attracted the markets with its Good Life Milk, possessing a shelf life of 90 days and also there are plans to launch other value added dairy products like curd, ghee and sweets.
Of late, the Nandini Milk and Milk Products, part of the KMF is sighting to hike its milk price by Rs.2 per litre, after hiking its milk price thrice over the past two years. The KMF, having near monopoly status amongst the dairy industries in Karnataka, is yearning to increase the prices of nearly 60 varieties of milk and dairy products. They find it as their golden opportunity to meet their expansion costs and help their dairy farmers with the rise in price of their products.
According to Jayaram, on the way of completing their ambitious plan expansion in the next few years, State Government’s approval is necessary for the rise in the price of its milk and dairy products.
fBut due to the ongoing Gram Panchayat and the forthcoming municipal elections in Bengaluru, this Government is rarely to take a decision hastily. Nandini is focussing to enhance its capacity of milk production from the existing average of 58.69 lakh litres per day to 70 lakh litres per day.
In a word, it may be concluded that, the Karnataka Cooperative Milk Producers’ Federation Ltd (KMF) has been glancing at a 20% sales growth during this current fiscal. In the coming two years, this Federation is looking forward to invest Rs.2000 crore in connection with its expansion. It has been reported that the twin cities of Hyderabad and Secunderabad will be having the Nandini brand of homogenised milk disposed of through the means of hundreds of distributors from 15th May, 2015 onwards.
Of late, the Nandini Milk and dairy products, part of the KMF is sighting to hike its milk price by Rs.2 per litre, after hiking its milk price thrice over the past two years. They find it as their golden opportunity to meet their expansion costs and help their dairy farmers with the rise in price of their products.
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