From 10 kg of paneer to a ₹12,700 crore dairy business: The Milky Mist story
At just 16 years old, Sathish Kumar T. stepped into his family’s struggling milk distribution business in Erode, Tamil Nadu. Decades later, that small operation has evolved into Milky Mist Dairy Food, a major Indian value-added dairy company with a post-listing market capitalisation of more than ₹12,700 crore. From milk distribution to value-added dairy Kumar […]
500 kg adulterated paneer destroyed in Mathura as UP intensifies dairy crackdown
Authorities in Mathura, Uttar Pradesh, have intensified action against adulterated dairy products after destroying 500 kg of contaminated paneer and seizing chemicals and raw materials allegedly being used to manufacture it. The paneer, valued at around ₹15,000, was destroyed following a raid by the Food Safety and Drug Administration (FSDA) at a paneer manufacturing unit […]
Top 10 Dairy Suppliers in France: Key Companies for B2B Sourcing
France is one of Europe’s most important dairy markets, combining large-scale milk production with a diverse network of manufacturers, cooperatives and specialist dairy businesses. The country is the second-largest cow’s milk producer in Europe, with around 42,000 dairy farms and approximately 731 milk-processing sites. Its dairy industry spans everything from milk, cheese and butter to […]
L&T’s Transformation: From Dairy Machines to AI Factories and Advanced Technology
Larsen & Toubro (L&T) is entering a new phase of transformation, moving beyond its traditional engineering and infrastructure businesses into artificial intelligence, semiconductors, electronics, green energy, defence technology and other advanced industries. The shift comes after L&T secured a major contract to develop an AI infrastructure facility in Chennai for US-based AI cloud company Together […]
GDT dairy prices rise 2.3% as El Niño raises global supply concerns
Dairy prices strengthened at the latest Global Dairy Trade (GDT) auction, with the overall index increasing 2.3% as concerns over extreme weather and potential El Niño disruption raised questions about future milk supplies. The average GDT price reached US$3,873 per tonne, following a marginal 0.1% increase at the previous auction. Milk powders lead the rally […]
Arun Icecreams Makes New York India Day Parade Debut, Strengthens US Expansion
Hatsun Agro Product’s flagship brand Arun Icecreams marked its first appearance at the New York India Day Parade on August 16, 2026, as the dairy company looks to strengthen its presence in the US market. Held on Madison Avenue, the parade provided Arun Icecreams with an opportunity to showcase its products to a large Indian […]
Dairy Farmers Rally in Karimnagar Over Land Transfer Dispute
Hundreds of dairy farmers staged a rally in Karimnagar on Monday, protesting the alleged transfer of Karimnagar Dairy’s land records from the Dharani portal to the Telangana State Dairy Development Cooperative Federation (TSDDCF) under the newly introduced Bhu Bharati portal. The protestors marched from Karimnagar Dairy to the Collectorate, demanding that the government intervene to […]
Rajasthan’s School Milk Scheme Faces 58% Supply Deficit Amid Diversion Concerns
Rajasthan’s Pannadhay Bal Gopal Yojana, which provides milk to government-school students, is facing a major supply crisis, with the state recording a 58% shortfall in milk powder supplies during a recent three-month period. The scheme is intended to provide hot milk to more than 6.9 million children across around 65,000 government schools in Rajasthan. However, […]
Vadilal Industries Reports 34% Revenue Growth in Q1 FY27, Declares ₹17 Interim Dividend
Vadilal Industries reported strong financial growth for the first quarter of FY27, with consolidated revenue from operations rising 34.25% year-on-year to ₹680.06 crore. The company also recorded a sharp increase in profit, supported by strong performance in its food business. The results for the quarter ended June 30, 2026, were approved by the company’s Board […]
Milky Mist Dairy Food IPO Set for Listing; GMP Signals 13.9% Potential Gain
The Milky Mist Dairy Food IPO is scheduled to list on the NSE and BSE on August 18, 2026, following a strong response from investors. The public issue was subscribed 56.12 times overall, with Qualified Institutional Buyers (QIBs) leading demand at 155.83 times. The Non-Institutional Investor (NII) category was subscribed 34.91 times, while the Retail […]
