Dairy Development Corporation
The Dairy Development Corporation (DDC) is a state-owned enterprise in Nepal, playing a crucial role in the country's dairy industry. It supports dairy farmers and oversees the production and distribution of various dairy products.
Location
DDC operates within Nepal, contributing significantly to the national dairy sector.
Financial Indicators
In the first half of the fiscal year, the DDC paid Rs1.48 billion to dairy farmers, reflecting its commitment to meeting financial obligations. Despite this, the corporation still has approximately Rs320 million outstanding, which it plans to clear by March.
Important Events
A key event for the DDC was the strategy to reduce liabilities by selling accumulated stocks of butter and skimmed milk powder. This move was crucial in managing financial responsibilities and ensuring timely payments to dairy farmers.
Company Plans
The DDC aims to stabilize milk procurement and maintain confidence within Nepal's dairy supply chain. As one of the largest buyers of raw milk, this initiative is essential to support thousands of rural dairy households amid fluctuating demand and rising operational costs.
Modified: 2026/05/31