Amul Dairy clocks record Rs 12,880 crore turnover for FY24

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    Vadora, April 03, 2024: The Kheda District Co-operative Milk Producers Union Limited (KDCMPUL) popularly known as Amul Dairy has achieved a turnover of Rs 12,880 crore in 2023-24.

    Amul Dairy’s chairman Vipul Patel on Tuesday said that there was 9% growth in its annual turnover in the financial year that ended on March 31.

    “This is a historic moment for us as we have crossed a major milestone,” said Patel.

    In 2022-23, the milk union recorded a turnover of Rs 11,803 crore.

    Patel said that not just turnover, the milk union, was paying Rs 1,000 as rate Patel said that not just turnover, the milk union, was paying Rs 1,000 as rate difference per kg fat which too is the highest amongst all the milk unions according to the reports published in timesofindia.indiatimes.com.

    Last year, the milk union paid Rs 900 per kilo fat as procurement price which has increased by Rs 100, an 11% rise compared to the previous financial year.

    In terms of milk procurement, Amul Dairy collected 173 crore kg in 2023-24, a jump of 24 crore kg (15%) compared to the previous year, when the dairy had collected 149 crore kg of milk from its registered dairy farmers.

    The country’s oldest milk union which has more than 4.50 lakh milk producers and 1,240 village-level milk societies will be paying Rs 530 crore as price difference to its registered members.

    Patel said that the dairy’s goal was to increase productivity in milch animals in its milk shed areas covering Anand, Kheda and Mahisagar districts.

    “For genetic improvement of the indigenous cattle, more than 3 lakh doses of sex-sorted semen have been used resulting in the birth of 60,000 high genetic merit bulls and calves which in turn will help improve milk yield of the milch animals,” he said.

    Patel stressed that to enhance the availability of fodder, the dairy has set up a total mixed ration (TMR) station through which TMR will be supplied to village-level milk societies.
    “We plan to set up a TMR plant in each of the taluka in our milk shed area. This will ensure that the dairy cattle get balanced nutrition and milk producers will also get dry and green fodder conveniently throughout the year,” he said.