Amul Revanue

GCMMF, which distributes dairy products under the Amul brand, reported on Sunday that stronger demand caused its fiscal year’s sales to increase by 18.5% to Rs 55,055 crore.

The Gujarat Co-operative Milk Marketing Federation Ltd. said in a statement that it has recorded a provisional turnover of Rs. 55,055 billion for the fiscal year 2022–2023.

GCMMF is expanding its network of 82 branch and warehouse facilities to more than 100 in 2023–2024 with a focus on boosting our distribution across the top 400 towns in terms of population, as well as strengthening the distributors and retail universe in these towns.

The 18 member unions of GCMMF, which have over 36 lakh farmer members spread throughout 18,600 Gujarati villages, purchase an average of 270 million litres of milk per day.

The member unions of GCMMF have established a network of 98 dairy plants to supply the demand for milk and milk products in India’s major metropolises.

According to the Chairman, the expansion will be supported by increased milk procurement, ongoing development into new markets, the introduction of new products, and the addition of new milk processing facilities across India.

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Written by Sejal News Desk

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