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Amul ranks among top 21 global dairy biz cos

Virendra Pandit

Anand, June 24 Amul has been ranked among the top 21 largest dairy businesses in the world according to the findings published by the International Farm Comparison Network (IFCN) at the 10th IFCN Dairy Conference 2009, held at Stockholm during June 14-17.

The IFCN is a network of dairy researchers responsible for analysing global dairy trends and creating knowledge to guide various stakeholders in the dairy sector covering about 80 countries, over 60 dairy-related companies, a number of dairy-related institutions and dairy farmers.

Rankings

It publishes “IFCN Dairy Report” every year, Gujarat Co-operative Milk Marketing Federation, which owns the Amul brand, said on Wednesday. In its recent report, IFCN has provided ranking of dairy processors by its milk intake, representing milk volumes collected plus commodity purchased in home country and subsidiaries in other countries. Accordingly, Fonterra of New Zealand, Dairy Farmers of America and Nestle of Switzerland secured the first three places with market share of 2.7 per cent, 2.3 per cent and 1.7 per cent globally.

Interestingly, all the 21 top milk processing companies in the organised sector put together, accounted for only 21 per cent of the market share globally, probably meaning that unorganised and semi-organised sectors still accounted for three-fourths of the global milk production.

Amul, with 0.4 per cent market share, stood 21st in the list, thus entering the top league for the first time. This IFCN analysis was based on IFCN Daily Report 2008 with data representing the year 2007. However, with substantial growth having taken place during the last two years at Amul, its ranking would improve to almost at the 16th place in the current year. Thanks to the White Revolution pioneered by Amul, India with its milk production touching 114.4 million tonne during the year under review is the largest milk producer in the world, way ahead of the US and Germany with 79.3 mt and 39.4 mt respectively.

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