Prabhat Dairy to expand exports to Gulf region
The Dollar Business Bureau Prabhat Dairy, one of India's leading milk food processing brands, is planning to expand its supply operations in the Gulf region. It's participation in Gulfood 2017, held at the Dubai World Trade Centre, from February 26 – March 2, is key to the beginning of its exports to countries like UAE and Saudi Arabia. The world's largest annual trade event in food industry is likely to help Prabhat Dairy rope in some international clients from Dubai and surrounding areas, kickstarting its operations in the Gulf region. The dairy giant with an elaborate distribution network across India sees immense potential in exports to Saudi Arabia, as the country imports close to 70% of its dairy needs. According to latest trade reports, in 2015, ...
Global Dairy Trade invites Indian dairy companies to participate in auctions
The Dollar Business Bureau | @TheDollarBiz Online global platform for trading dairy commodity ingredients, GlobalDairyTrade (GDT), has invited Indian dairy companies to participate in its auctions. Dairy commodities traded on GDT include skim, sweet whey and whole milk powders, anhydrous milk fat, butter and butter milk powder, cheese, lactose and casein products. US-based Charles River Associates (CRA) established the GDT in 2008 for the New Zealand-based cooperative Fonterra which is the world’s largest dairy exporter. Since then, the platform has grown significantly with annual sales reaching one million tonnes in the year ending April 2014 with skim milk powder sales growing almost 45% over the last two years. CRA conducts two auctions in a month, and each trading event ...
