CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many crores did Odisha being ‘focus state’ of World Food India-2017 set to get investments from Amul company?
A
250 crores
B
500 crores
C
450 crores
D
380 crores
Explanation: 

Detailed explanation-1: -Odisha Pavillion at World Food India-2017. BHUBANESWAR: Gujarat Cooperative Milk Marketing Federation Ltd (Amul) announced to invest around Rs 250 crore in dairy sector in Odisha during the World Food India-an international mega food festival at New Delhi on Saturday.

Detailed explanation-2: -In financial year 2022, Amul reported a sales turnover of 610 billion Indian rupees compared to about 392 billion Indian rupees in the previous year in India. Amul India is one of the largest dairy companies in the world with an increasing growth rate since 2011.

Detailed explanation-3: -The Amul Model has helped India to emerge as the largest milk producer in the world. More than 16 million milk producers pour their milk in 185903 dairy cooperative societies across the country.

Detailed explanation-4: -AMUL has 85% share in the Indian butter market, 66% market share in cheese, 63% market share in infant milk and 45% market share in dairy whiteners. AMUL produces almost 20% of the world’s milk and has a distribution channel of 1 million stores across India.

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