CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to IFCN Dairy processor report 2020, Anand Milk Union Ltd. was ranked at which place?
A
6th
B
8th
C
7th
D
5th
Explanation: 

Detailed explanation-1: -According to The International Farm Comparison Network (IFCN) Dairy Processors Report 2020 (Biennial), Amul (Anand Milk Union Limited) a brand of dairy cooperative major Gujarat Cooperative Milk Marketing Federation (GCMMF) emerged as the 8th Largest Milk Processor globally in the list of Top 20. i.

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: -(GCMMF), which today is controlled jointly by 3.6 million milk producers in Gujarat and the apex body of 13 district milk unions, spread across 13, 500+ villages of Gujarat. Amul spurred India’s White Revolution, which made the country the world’s largest producer of milk and milk products.

Detailed explanation-4: -1 – IFCN Farm Economic Data. As IFCN stands for International Farm Comparison Network, D5. 1product offers a deep insight into dairy farm economics, covering detailed aspects of dairy farming systems worldwide.

Detailed explanation-5: -The IFCN Dairy Report has been published annually since 2000 and has become a standard publication for researchers and companies involved in the dairy chain. It enables to gain a holistic view and understand interrelations in the dairy sector on a global level.

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