Punjab State Cooperative Milk Producers Federation Limited (Milkfed)

The Punjab State Cooperative Milk Producers Federation Limited, commonly known as Milkfed, is headquartered in Punjab, India. Milkfed functions under the brand name 'Verka' and plays a significant role in the dairy industry, focusing on the production, processing, and marketing of milk and milk products.

Location

Milkfed is based in the Indian state of Punjab. With several processing units spread across the state, it works closely with local milk producers to ensure quality and efficiency in its operations.

Financial Indicators

In the recent fiscal year, Milkfed reported revenues in the range of INR 4,500 to 5,000 crores. This reflects a tightening focus on efficiency and consumer demand responsiveness which has seen this cooperative regularly enhance its capabilities aligned to market trends.

Important Company Events

Recently, a significant event for Milkfed was the inauguration of a capacity enhancement project by Punjab's Chief Minister, Bhagwant Mann. This project aims to upscale the production output of a local milk plant, focusing on sterilized flavored milk and the introduction of new fermented dairy products. This initiative not only augments the cooperative's production capacity but also broadens its product portfolio.

Company Plans

Going forward, Milkfed plans to continue expanding its presence in both domestic and international markets. It aims to achieve this through the consistent introduction of innovative dairy products while maintaining stringent quality standards. The cooperative also intends to invest in state-of-the-art technology to enhance production processes and improve efficiency. Additionally, efforts are being made to increase the sourcing of milk from local farmers to ensure a sustainable supply chain.

Sources

Information referenced from local news reports and industry publications from 2023, highlighting the ongoing developments within Milkfed.

Modified: 2025/04/22

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