India’s dairy behemoth Amul is poised to achieve a historic ₹1 lakh crore revenue in the financial year 2025-26 (FY26), driven by surging demand for milk and value-added products. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets products under the Amul brand, anticipates a 14% growth in its direct revenue to ₹75,000 crore, while its 18 member unions are projected to contribute ₹25,000 crore through local sales.

In FY25, GCMMF reported an 11% revenue increase to ₹65,911 crore, up from ₹59,250 crore in FY24, driven by higher volumes rather than price hikes. The un-duplicated revenue of the Amul brand (including member unions’ sales) rose to ₹90,000 crore in FY25 from ₹80,000 crore in FY24, reflecting robust demand for products like milk, butter, cheese, and ice cream.

Key Highlights:

• Volume-Driven Growth: GCMMF emphasized that price adjustments played a minimal role, with only a ₹1/litre reduction in January 2025 to promote larger pack purchases.
• Global Standing: Amul ranks 8th globally in milk processing, per the International Farm Comparison Network (IFCN).

• GCMMF Managing Director Jayen Mehta outlined ambitious plans for FY26:
• 14% Growth Target: GCMMF aims to reach ₹75,000 crore in revenue, while member unions target ₹25,000 crore.
• Capacity Expansion: Amul plans to boost milk procurement and processing capabilities to meet rising domestic and export demand.
• Export Push: The brand already exports to 50 countries and recently entered the US market with milk variants tailored for the Indian diaspora.

Amul’s success hinges on its 36 lakh farmers across 18,600 Gujarat villages, who supply 350 lakh litres of milk daily through 18 district unions. This cooperative structure ensures quality control while empowering rural livelihoods.

Price Adjustments: A June 2024 price hike offset rising input costs, but January 2025 saw strategic discounts to retain price-sensitive consumers.
Product Diversification: Focus on value-added offerings like probiotics, flavored yogurt, and premium ice cream to capture higher margins.

Amul’s entry into the US market and plans to expand exports signal its aspiration to join the global top 10 dairy giants by 2025. With India projected to become the world’s largest milk producer by 2026, Amul is well-positioned to lead this growth.

Key Highlights:

• Amul targets ₹1 lakh crore revenue in FY26, with GCMMF contributing ₹75,000 crore and member unions ₹25,000 crore.
• FY25 revenue rose 11% to ₹65,911 crore for GCMMF, driven by volume growth.
• The cooperative procures 350 lakh litres of milk daily from 36 lakh farmers.
• Amul ranks 8th globally in milk processing and exports to 50 countries.