Indian producer of Amul dairy brands reports a 17% increase in full year sales

INDIA – Indian dairy cooperative, Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets the popular Amul brand of milk and dairy products has registered a 17% increase in its sales turnover to Rs. 385.42 billion (US$5.1b) in the financial year ended 31st March 2020. According to the cooperative press-release, the group turnover of GCMMF and its constituent member unions, representing consolidated turnover of all products sold under Amul brand exceeded Rs. 520 billion (US$7b). GCMMF aims to achieve a group business turnover of Rs. 1 trillion (US$13.35b) by 2024-25. Amul…

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