Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) expects double-digit revenue growth this fiscal due to strong demand, according to MD Jayen Mehta, reports the PTI.
Last year, GCMMF recorded nearly Rs 60,000 crore in demand, with an 8% increase in turnover to Rs 59,445 crore in 2023-24. During the first eight months of 2024-25, demand rose across categories like milk, cheese, and ice cream.
The cooperative has invested 80% of its planned Rs 11,000 crore to expand capacity. Committed to farmer welfare, GCMMF supports 36 lakh farmers across 18,600 Gujarat villages and ranks 8th globally in milk processing, exporting to 50 countries.