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The Managing Director of Gujarat Cooperative Milk Marketing Federation (Amul), R.S. Sodhi, was conferred with the regional award as Asia Pacific Productivity Champion from Asian Productivity Organization (APO), Tokyo, Japan in recognition of .
Ice cream sales up after Covid freeze
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Ice cream sales up after Covid freeze
John Sarkar / TNN / Updated: Mar 10, 2021, 12:48 IST
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NEW DELHI: India’s ice cream industry that faced a complete washout last year due to Covid is making a strong comeback. Top companies like Amul, Hindustan Unilever (HUL), Vadilal and Mother Dairy in the Rs 19,000-crore ice cream market have witnessed a sales growth of 3040% in February over the same period in 2019.
“Summer has set in early this year,” said R S Sodhi, MD at Gujarat Cooperative Milk Marketing Federation (Amul), the largest ice cream player in India. “We are expecting a growth of 100% over 2020 in the first four months of the ice cream season beginning March.”
Synopsis
Even though the demand for milk and milk products is 40% below normal in the institutional category – comprising hotel, restaurant and canteen segments – increased household consumption has led to a year-on-year increase of 9% in sale of liquid milk in January and 8% in December.
Agencies
Pune: Leading dairy firms Amul and Mother Dairy have reported robust milk sales for December and the current month so far. While Amul said it saw record milk sales during this period, Mother Dairy said its milk sales in the household category grew to the pre-Covid levels.
Sale of consumer packs of ghee and butter went up 20%, while demand is likely to grow 8-10% in the next six months, said the two firms.