The Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets the popular Amul brand, held its 50th Annual General Meeting on 28 September 2024. In͏͏ its͏͏ Golden͏͏ Jubilee͏͏ year,͏͏ GCMMF͏͏ reported͏͏ a͏͏ turnover͏͏ of͏͏ INR͏͏ 59,545͏͏ crores͏͏ (USD͏͏ 7͏͏ billion)͏͏ for͏͏ FY͏͏ 2023-24,͏͏ reflecting͏͏ 8%͏͏ YoY͏͏ growth.͏͏ The͏͏ group͏͏ turnover͏͏ of͏͏ Brand͏͏ Amul͏͏ increased͏͏ to͏͏ INR͏͏ 80,000͏͏ crores͏͏ (USD͏͏ 10͏͏ billion)͏͏ in͏͏ 2023-24,͏͏ up͏͏ from͏͏ INR͏͏ 72,000͏͏ crores͏͏ (USD͏͏ 9͏͏ billion)͏͏ in͏͏ 2022-23.
Amul:͏͏ World’s͏͏ Strongest͏͏ Food͏͏ Brand
Amul͏͏ has͏͏ been͏͏ ranked͏͏ the͏͏ world’s͏͏ strongest͏͏ food͏͏ brand͏͏ and͏͏ the͏͏ top͏͏ dairy͏͏ brand͏͏ by͏͏ Brand͏͏ Finance,͏͏ UK,͏͏ a͏͏ leading͏͏ global͏͏ brand͏͏ consultancy.͏͏ The͏͏ brand’s͏͏ strength͏͏ is͏͏ credited͏͏ to͏͏ its͏͏ strong͏͏ performance͏͏ across͏͏ familiarity,͏͏ consideration,͏͏ and͏͏ recommendation͏͏ metrics.
Continue͏͏ Exploring:͏͏ Amul named͏͏ strongest͏͏ global͏͏ food͏͏ and͏͏ dairy͏͏ brand͏͏ in͏͏ Brand͏͏ Finance͏͏ Food͏͏ &͏͏ Drink͏͏ 2024͏͏ Report
GCMMF,͏͏ the͏͏ largest͏͏ farmer-owned͏͏ dairy͏͏ cooperative͏͏ globally,͏͏ comprises͏͏ 36͏͏ lakh͏͏ farmers͏͏ from͏͏ 18,600͏͏ villages͏͏ in͏͏ Gujarat͏͏ and͏͏ 18͏͏ member͏͏ unions,͏͏ collectively͏͏ procuring͏͏ 300͏͏ lakh͏͏ litres͏͏ of͏͏ milk͏͏ daily.͏͏ According͏͏ to͏͏ the͏͏ International͏͏ Farm͏͏ Comparison͏͏ Network͏͏ (IFCN),͏͏ GCMMF͏͏ ranks͏͏ 8th͏͏ among͏͏ the͏͏ top͏͏ 20͏͏ dairy͏͏ companies͏͏ worldwide͏͏ in͏͏ milk͏͏ processing.
Shamalbhai͏͏ Patel,͏͏ Chairman͏͏ of͏͏ GCMMF,͏͏ stated,͏͏ “In͏͏ our͏͏ golden͏͏ jubilee͏͏ year,͏͏ GCMMF͏͏ has͏͏ reached͏͏ a͏͏ historic͏͏ milestone͏͏ by͏͏ becoming͏͏ the͏͏ world’s͏͏ strongest͏͏ food͏͏ brand.͏͏ We͏͏ are͏͏ focused͏͏ on͏͏ continuous͏͏ expansion͏͏ by͏͏ entering͏͏ new͏͏ markets,͏͏ launching͏͏ new͏͏ products,͏͏ and͏͏ increasing͏͏ milk͏͏ processing͏͏ capacities͏͏ across͏͏ India.”
Valamjibhai͏͏ Humbal,͏͏ Vice͏͏ Chairman͏͏ of͏͏ GCMMF,͏͏ expressed͏͏ sincere͏͏ gratitude͏͏ on͏͏ behalf͏͏ of͏͏ 36͏͏ lakh͏͏ milk͏͏ producer͏͏ members͏͏ of͏͏ Gujarat͏͏ to͏͏ the͏͏ Government͏͏ of͏͏ Gujarat͏͏ and͏͏ the͏͏ Government͏͏ of͏͏ India͏͏ for͏͏ their͏͏ ongoing͏͏ and͏͏ timely͏͏ support͏͏ of͏͏ various͏͏ schemes͏͏ for͏͏ milk͏͏ producers.͏͏ “We͏͏ also͏͏ extend͏͏ our͏͏ thanks͏͏ to͏͏ Hon.͏͏ Prime͏͏ Minister͏͏ Shri͏͏ Narendra͏͏ Modi͏͏ and͏͏ Hon.͏͏ Minister͏͏ of͏͏ Home͏͏ Affairs͏͏ and͏͏ Cooperation͏͏ Shri͏͏ Amit͏͏ Shah͏͏ for͏͏ their͏͏ unwavering͏͏ focus͏͏ on͏͏ developing͏͏ the͏͏ cooperative͏͏ sector,͏͏ inspiring͏͏ us͏͏ to͏͏ become͏͏ part͏͏ of͏͏ the͏͏ global͏͏ food͏͏ basket,͏͏ and͏͏ helping͏͏ double͏͏ farmers’͏͏ incomes.”
