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Amul plans joint venture with Aavin Business

The Gujarat Cooperative Milk Marketing Federation Limited, manufacturer of the Amul brand of dairy products and ice creams, proposes to sign an MoU with Aavin of Tamil Nadu to jointly manufacture and market milk products, a top company official said in Tiruchirapalli.

V J Martin Paul, senior executive (Sales), said the company would expand its marketing activities in Tamil Nadu this year in a big way, setting up about 400 retail outlets this fiscal for ice cream products, in addition to the existing 4,000.

Tamil Nadu accounts for an average 20 per cent growth a year. Last year, the state saw a 19 per cent growth over the previous year, against the all-India growth rate of 21 per cent in the year ended March 31, 2007.

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The company recorded sales of Rs 4,300 crore last year, of which Rs 451 crore was through sales of ice cream and allied products. Of this amount, Tamil Nadu's share was Rs 25 crore, he said.

Eighteen per cent of the total volume in ice cream sales was through institutions like star hotels and restaurants and by catering (parties/weddings), about 20 per cent.

Launching India's first fitness candy, Stamina, S Balasubramanian, deputy manager (Sales), said the candy would be available in orange and lemon flavours at all outlets in India by June 21-23.

Amul would soon come out with a new product, 'Spanish Delight', a mixture of rasogollah and ice cream. The product would be launched at the national level before July-end.

The company plans to add five more manufacturing units in addition to the 11 in various parts of the country, he said. (Agencies)

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Published on June 22nd, 2007


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