The Delhi Milk Scheme begun way back in 1959 as a part of the union agriculture ministry has been incurring losses over the last years. The scheme is on the block now and the Gujarat Milk Marketing Federation-the parent company of the famous Amul has shown interest in buying it.
GCMMF’s move is prompted by certain concrete calculations: using the DMS infrastructure and its great market potential. According to Gcmmf chairman Vipul Chaudhary, DMS has more than 350 outlets in the national capital and has a production capacity of half a million litres of milk a day.
GCMMF presently boasts an annual turnover of nearly Rs.12 thousand crore but it is active exploring new areas outside Gujarat for its expansion. It would invest Rs. 3000 crore enhancing both its production and procurement capacity in the next few years, said GCMMF’s new Chairman Vipul Chaudhary.
Talking to Indian Cooperative, Mr Chaudhary said we merely want to operate DMS professionally and we believe that business is better managed by businessmen.