The Hindu Business Line : Amul’s turnover doubles in 3 years

Anand, April 2 Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), the apex cooperative organisation marketing the Amul brand of milk products, has registered a quantum growth of 28 per cent to reach a record turnover of Rs 6,705 crore in the financial year 2008-09.

This is an increase of nearly Rs. 1,450 crore in absolute terms over the previous year. GCMMF’s turnover has almost doubled in the last three years.

Group turnover

The unduplicated group turnover of GCMMF and its 13 dairy cooperatives has touched the Rs 10,000-crore mark, an official said here on Thursday.

GCMMF is now targeting to achieve the turnover of Rs 8,000 crore in the new fiscal.

With its quality products and fair pricing, at a time when the economy is witnessing recessionary trends, GCMMF has proved that businesses engaging in the upliftment of the farmers and keeping consumers at the centre will continue to grow and benefit both these stakeholders.

stakeholders

It is these stakeholders who have turned Amul into the largest milk brand of Asia, he said.

GCMMF’s growth has come from all its major products.

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