Milma: A Key Player in Kerala's Dairy Industry
Company Overview
Milma, officially known as the Kerala Co-operative Milk Marketing Federation, plays a crucial role in the dairy industry of Kerala, India. The cooperative is committed to supporting local dairy farmers while ensuring that consumers receive high-quality milk products.
Location and Facilities
Headquartered in Thiruvananthapuram, Kerala, Milma operates an extensive network of milk collection centers, processing plants, and distribution channels throughout the state. This comprehensive infrastructure facilitates efficient milk procurement and distribution, ensuring a steady supply to meet consumer demand.
Financial Indicators
Although precise financial figures are not disclosed, Milma's recent proposal to increase milk prices by ₹10 demonstrates its strategic financial planning aimed at maintaining profitability and sustainability in the face of rising operational costs.
Important Events
Milma has recently garnered attention due to its proposal to raise milk prices by ₹10. This proposal is under deliberation by the board of directors and has sparked discussions about its feasibility and the potential impact on both producers and consumers.
Future Plans
Milma is dedicated to adapting to market conditions and safeguarding the welfare of its stakeholders. The proposed price increase, if implemented, will be a critical measure in addressing rising costs while maintaining product quality. The cooperative strives to balance consumer interests with the needs of local dairy farmers.
Moreover, Milma has embarked on an ambitious global expansion strategy, marking a significant milestone in its growth. Recently, the cooperative exported over three tonnes of its diverse dairy products to various countries in the Gulf region.