GCMMF which markets Amul
brand of milk and dairy products has registered highest ever growth of 51% in
last two years, to achieve turnover of Rs. 20,733 crores during 2014-15.
Results of the apex body of dairy cooperatives in Gujarat were declared on 14th
May 2015, in the 41st Annual General Meeting of GCMMF.
During
the last five years, turnover of GCMMF grew from Rs. 8005 crores to Rs. 20,733
crores, a growth of 159%, which implies an impressive cumulative average growth
rate (CAGR) of 21%. The group turnover of GCMMF and its constituent Member
Unions, representing unduplicated turnover of all products sold under Amul
brand was Rs. 29000 crores or US$ 4.6 Billion.
The
dairy cooperative took giant leaps ahead in its journey of product innovation
since as many as 26 new products from Amul’s portfolio, were launched last
year. Amul believes that product innovation is essential in order to cater to
the emerging needs of Indian consumers and also to create a vibrant portfolio
for the future.
Shri
Jethabhai Patel, Chairman, GCMMF, emphasized the fact that mantra of rapid
expansion has clearly yielded rich dividends for GCMMF. Based on estimated
growth in market demand for Amul products and our future marketing efforts, we
anticipate at least 20% CAGR growth in the business of GCMMF during the next
five years, implying that the turnover of GCMMF should exceed Rs. 50,000 crores
( US$ 8 Billion) by the year 2019-20, the Chairman added.
Commenting
on the results, Chairman informed that Amul plans to enhance its milk processing
capacity from the current level of 237 lakh litres per day to 380 lakh litres
per day in the next five years.
He
added “Our massive expansion process is already underway. In 2014, our new milk
powder plant started functioning in Palanpur. With capacity of 120 MTs per day,
this is our largest milk powder plant, till date. Similarly, our new dairy
plant at Rohtak started operations, further augmenting our capacity to serve
the markets of Delhi and NCR. Our new Butter plant at Gandhinagar with capacity
of 40 MTs per day, also started functioning last year. Another ten new,
state-of-the-art dairy plants are in various stages of completion. New dairy
plants are being built in Faridabad, Kanpur, Lucknow and Kolkatta. Another new
dairy plant in Varanasi is also in pipeline. Our new mega-cheese plant near
Palanpur is near completion and will start operating this year. Since we are
also doubling cheese manufacturing capacities at our existing plant, the net
impact will be three-fold expansion in our cheese capacities. Within Gujarat,
new dairy plants will soon be operational at Amreli and Surendranagar. Capacity
expansion at Bhavnagar is also underway. A new dairy plant will also start in
Kutch. These large-scale mega-expansion projects are part of our Mission 2020
plan”.
Shri
R S Sodhi, Managing Director, GCMMF informed that launch of innovative,
value-added new dairy products, expansion of fresh milk and milk products
marketing operations to several new markets, as well as expansion of
distribution footprint through the vast network of stockists has led to quantum
growth in Amul’s business.
MD said, due to softening in
import demand for dairy products, especially in China and higher production in
major exporting countries, there has been a major meltdown in global prices of
dairy commodities in last one year. Farm-gate prices of milk continue to fall
in countries such as Australia, New Zealand and EU nations, which are heavily dependent
on dairy exports. In order to dump their surplus stocks of dairy commodities,
these countries are lobbying hard for access to Indian dairy market through
bilateral Free Trade Agreement (FTA) negotiations. We request our policy makers
to ensure that dairy products are completely kept out of the ambit of FTAs with
major dairy exporting nations. No duty concessions and no GI protection on
dairy products should be given to countries such as Australia, New Zealand and
EU. These steps will go a long way towards ensuring that our nation’s self
sufficiency in dairy sector is maintained in future and our food-security is
safeguarded with respect to milk and dairy products.
source:deshgujarat.com
