logo
Amul partners with COVAP to launch milk in Spain, eyes expansion in Europe

Amul partners with COVAP to launch milk in Spain, eyes expansion in Europe

The Gujarat Cooperative Milk Marketing Federation (Amul), marketer of products under the brand name Amul, announced a strategic partnership with Spain's Cooperativa Ganadera del Valle de los Pedroches (COVAP) to introduce its flagship milk product in Spain and the European Union, the Mint reported.
The rollout will begin in Madrid and Barcelona, followed by cities including Malaga, Valencia, Alicante, Seville, Córdoba, and Lisbon in Portugal. In the future, Amul plans to expand into other European markets like Germany, Italy, and Switzerland.
The official launch event was held at the Embassy of India in Madrid. Amul's Managing Director, Jayen Mehta, said 'This association will ensure all our Spanish consumers will be nourished and energised with the goodness of Amul Milk. This is the first time that Amul fresh milk is being launched in Europe.'
Highlighting India's broader vision for global dairy expansion, Mehta said, 'It is our great pleasure to bring the taste of India to the world, in alignment with the vision of our Honourable Prime Minister, Narendra Modi, to make Amul a global dairy brand…'
COVAP, founded in 1959 in Pozoblanco, Córdoba, is a leading Spanish cooperative with more than 2,000 active farmer-members. Its advanced dairy plant processes over 400 million litres of milk annually, exporting to more than 30 countries, including the US, UK, and parts of Asia.
Commenting on the collaboration, COVAP President Ricardo Delgado Vizcaíno said, 'This partnership with Amul allows us to work with another cooperative to help them grow their brand in Spain, benefitting not only our dairy farmer members but those in India as well..."
Amul: India's dairy powerhouse
Amul, the world's largest farmer-owned dairy cooperative with 3.6 million members, processes over 12 billion litres of milk annually through its 112 dairy plants across India. It boasts a turnover exceeding $11 billion and is recognised as the world's strongest dairy brand by global rankings.
In April this year, Amul raised the price of its fresh pouch milk by ₹2 per litre across the country. This represents a 3–4 per cent increase in the maximum retail price, which the cooperative emphasised is significantly below the average rate of food inflation.
In its statement, Amul highlighted that it distributes 80 paise of every rupee earned from the sale of milk and milk products back to milk producers.
'The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production,' the statement said.
Meanwhile, Mother Dairy also implemented a similar price hike of ₹2 per litre.
The release further said that Amul had extended benefits to consumers last year by adding 50 ml and 100 ml extra milk to 1-litre and 2-litre packs for nearly five months. Additionally, the price of 1-litre packs was reduced by ₹1 in all markets from January. Amul clarified that there had been no price increase in fresh pouch milk since June 2024.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India On Edge? Iran, Pakistan Revive Chabahar-To-Turkey Rail Link, Deepen Strategic Ties And Trade Corridors
India On Edge? Iran, Pakistan Revive Chabahar-To-Turkey Rail Link, Deepen Strategic Ties And Trade Corridors

India.com

time2 minutes ago

  • India.com

India On Edge? Iran, Pakistan Revive Chabahar-To-Turkey Rail Link, Deepen Strategic Ties And Trade Corridors

New Delhi: Iran and Pakistan have formalised a renewed partnership that opens up new transport routes and expands trade links across the region. During his first official visit to Pakistan, Iran's President Masoud Pezeshkian signed a series of bilateral agreements aimed at boosting economic, technical and strategic cooperation between the two neighbours. Officials from both countries confirmed that Pakistani goods will now have overland access to European and Russian markets through Iranian territory. Analysts view this move as a potential game changer for regional logistics. They say it will offer an alternative to traditional maritime shipping routes that can be slower and costlier. This overland trade link is expected to be integrated with the International North-South Transport Corridor (INSTC), a multimodal trade network that begins at India's Mumbai port and runs through Iran to reach Russia and Europe. India and Russia have been actively developing this corridor, and the inclusion of Pakistan raises questions about new dynamics in the region. The Iran-Pakistan alignment also touches on Beijing's broader ambitions. China is exploring ways to link its China-Pakistan Economic Corridor (CPEC) with the International North-South Transport Corridor (INSTC), which could allow Chinese goods to move through Iran and access the Gulf and Central Asia. It will reduce dependence on the Malacca Strait. With a strong naval presence from both India and the United States in that region, Beijing has been looking for strategic alternatives to safeguard trade routes. As part of the new partnership, Iran and Pakistan have set a target to increase bilateral trade from USD 3 billion to USD 10 billion. Both sides have framed this goal as a step toward strengthened economic cooperation and long-term regional integration. President Pezeshkian got an unusual welcome in Islamabad, with Prime Minister Shehbaz Sharif personally receiving him at Nur Khan Airbase. The gesture was seen by many as a signal of how seriously Pakistan views its relationship with Tehran. The visit also comes at a time when Islamabad is balancing ties with the United States while seeking closer engagement with Iran. Pakistani officials have also reportedly raised the issue of Baloch separatist groups operating across the border, some of whom Islamabad claims receive support from abroad. A major highlight of the visit was the revival of the Islamabad-Tehran-Istanbul rail project. Both countries agreed to restore and operationalise the 6,540-kilometer railway line that connects South Asia with Europe through Turkey. Once it resumes full operations, the journey will take around 10 days that will be a major improvement over the 21-day maritime route. The division of the railway spans 1,990 kilometres in Pakistan, 2,603 kilometres in Iran and 1,950 kilometeres in Turkey. Although the project was initially launched in 2009, it has faced repeated delays. Officials now hope to revive the corridor to full capacity. For India, the developments hold serious strategic implications. Iran and Pakistan have discussed linking the Iranian port of Chabahar, that India helped build, with Pakistan's Gwadar port, which is operated by China. Iranian leaders have expressed interest in connecting both ports via trade and logistics routes. This proposed maritime link could dilute India's strategic influence in the region and give China greater access to Gulf waters. Gwadar has already been a focal point of Chinese infrastructure investment, with reports suggesting that a future Chinese naval facility may be in the works. If Chabahar and Gwadar are connected, it could reshape the geopolitical balance of port infrastructure in the Arabian Sea and create new strategic concerns for New Delhi. The series of agreements signed during President Pezeshkian's visit marks a turning point in Iran-Pakistan relations. As the regional landscape continues to evolve, the implications of these developments are likely to resonate far beyond South Asia.

Why Trump's threat is unlikely to wean India off Russian crude
Why Trump's threat is unlikely to wean India off Russian crude

Time of India

time3 hours ago

  • Time of India

Why Trump's threat is unlikely to wean India off Russian crude

AI photo NEW DELHI: Trump's latest threat is unlikely to affect India's decision to source crude from Moscow as long as it's cheaper than the alternatives. "We will go solely by the interest of our consumers and opt for the best option price-wise. If Russian crude works out cheaper than what we can get from other sources, why should we penalise our consumers?" said a senior government source who did not rule out the possibility of India exploring further discounts from Moscow in the light of Trump's threat. Sources said NSA Ajit Doval's visit to Russia, beginning Tuesday, will yield clarity on the geo-economic trilemma. The Centre has so far not made any move to wean off Indian oil refiners from Russian crude, which comes at a steep discount compared to purchases from west Asia or US. It has not just helped keep domestic pump prices lower, but also benefited European countries, which have been major buyers of diesel and jet fuel from India, sources said. Biz circles agree with Centre's criticism of Trump's latest diktat Business circles in New Delhi agreed with the Centre's criticism of Trump's latest diktat. "India's oil trade with Russia has taken place with full transparency and broad understanding with the US. One of the key reasons India stepped up Russian oil purchases was to help stabilise global oil markets after Western sanctions disrupted traditional supply chains. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Female Athletes in the World Click Here Undo By maintaining diversified and affordable energy access, India contributed to preventing a global oil price shock. Trump's decision to raise tariffs on India citing oil trade is not only unjustified - it ignores market realities, misrepresents trade data, and undermines a key strategic partnership in the Indo-Pacific," trade research body GTRI said in a note. Interestingly, Trump's sudden bid to arm twist India into abandoning purchase of Russian crude follows declining purchase from Moscow because of sheer logic of markets. In May, India's crude petroleum imports from Russia fell almost 10% to $9.2 billion. Trump's latest comment is expected to create fresh uncertainty among American buyers, who are in talks with Indian exporters for placing orders for the busy Christmas season. The government's firm stand on farm and dairy is seen to have come as a blow for Trump, who had gone public over a dozen times claiming that India had agreed to slash tariffs. Shaken by the govt's steadfast opposition to blocking genetically modified American corn and soybean as well as its public rebuttal of claims over the US mediating a ceasefire during Operation Sindoor have hurt Trump's claim to have brokered several peace deals - one in each month of his second term as president. During the talks, negotiators had indicated the government's willingness to step up purchases of American oil, gas, fertilizer and defence equipment to improve the trade balance which is tilted in India's favour. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025

As per SC order, J&K govt. takes over iconic Nedou's Hotel in Gulmarg
As per SC order, J&K govt. takes over iconic Nedou's Hotel in Gulmarg

The Hindu

time4 hours ago

  • The Hindu

As per SC order, J&K govt. takes over iconic Nedou's Hotel in Gulmarg

Under a tight security cover, the iconic and historic Nedou's Hotel was 'smoothly' taken over by the Gulmarg Development Authority (GDA) after evicting the Nedou's family and their staff, running the place for the past 137 years, as per a Supreme Court order. 'It was a smooth transition. They [the Nedou's family] cooperated well. The hotel structures and the huts have been sealed as per the court orders. The GDA has taken over everything, including the articles inside for now,' Tariq Hussain Naik, Chief Executive Officer, GDA, who oversaw the takeover, told The Hindu. The GDA also made an inventory of the articles inside the structures, which include heritage furniture and artefacts. Perched on a small hill in Gulmarg with snow-capped mountains in the backdrop, the iconic Nedou's Hotel was set up in 1888 by Michael Adam Nedou, a European who discovered Gulmarg in north Kashmir's Baramulla district. Afterwards, it became a popular holiday destination for Europeans and royalty. After 1947, the hotel became a favourite haunt for politicians like Congress leader Indira Gandhi and Bollywood stars like Dilip Kumar. Several movies and songs were shot in and around the iconic wooden structure. At the time of eviction, officials said Omar K. Nedou, the great-grandson of Michael Nedou, and his wife Dilnawaz Nedou, who oversaw the Food and Beverage department, were present. Over 45 staff members also stood with the family members who worked for the hotel for several decades. The District Magistrate, Baramulla, provided adequate security personnel 'to ensure the peaceful execution of the eviction process and maintenance of public order'. The Nedous were in possession of nearly 98 kanals and 11 marlas of government land. The family had earned multiple leases from the government from 1888 till 1985. However, the family, which is related to Chief Minister Omar Abdullah, failed to renew the lease after its expiration in 1985. The Jammu and Kashmir government rejected the lease in February 2015. Later, the High Court too dismissed the hotel's plea for lease renewal and declared it as an unauthorised occupant under the Jammu and Kashmir Public Premises (Eviction of Unauthorised Occupants) Act, 1988. The Supreme Court also issued eviction orders against the Nedous. 'Nobody is above law,' CEO Mr. Naik said. It is highly unlikely the family can apply for the property again because under the amended Land Grants Act rules 2022, the previous occupant cannot apply for the lease again.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store