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Gujarat Floods Causes Record Breaking Loss In Dairy Sector

Gujarat Floods Causes Record Breaking Loss In Dairy Sector

The ravaging floods that hit Northern Gujarat have turned out pretty chaotic specially to the dairy sector resulting in loss of about Rs 70 Crore with Banaskantha alone accounting for Rs 44 crore loss.

R.S. Sodhi, the managing director of Gujarat Co-operative Milk Marketing Federation (GCMMF) has stated that this was the record breaking loss that has ever occurred in the Gujarat’s dairy sector due to a natural calamity.

“Since a week, milk procurement in Gujarat had reduced by 20 lakh to 25 lakh litres per day due to floods. Although things are coming back to normal, we are still getting less milk,” said Sodhi.


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Among the sufferers, the floods hit Banas Dairy the most; which is the largest in Asia, followed by Mehsana’s Dudhsagar Dairy, Sabarkantha’s Sabar Dairy, Rajkot’s Gopal Dairy and Anand-based Amul Dairy.

Banas alone witnessed a loss of around 1 crore liters of milk i.e., about Rs 44 Crore loss. Banas Dairy used to procure around 38 lakh litres per day (LLPD) milk which fell to 13 LLPD on the very first day of floods.

Banas Dairy produces dairy products under the brand name of Amul, which includes products like Amul butter, Amul Milk, Amul Ghee etc. Banas Dairy has 0.18 Million shareholders, which are spread across 1,200 cooperative societies.

 


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