Vadodara: In its 75th anniversary year, Amul group’s annual turnover, including those of its member unions, has crossed Rs 53,000 crore ($7.1 billion).
Despite negative impact of the Covid-19 induced pandemic and its adverse effect on the dairy commodity markets, the Gujarat Co-operative Milk Marketing Federation (Amul Federation) has registered turnover of Rs 39,248 crore in financial year 2020-21. Results of the apex body of the dairy cooperatives of Gujarat were declared on Tuesday during the 47th annual general meeting of GCMMF.
The federation had posted a turnover of Rs 38,542 crore in the previous financial year.
Country’s largest cooperative is now aiming to double its group turnover to Rs 1 lakh crore by the year 2025.
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December 16, 2020
Rupinder Singh Sodhi - THE HINDU×
The Board of Directors of Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) has given an extension to Rupinder Singh Sodhi, the incumbent Managing Director of the Amul marketer, for a period of six months.
The decision was taken at the Board’s meeting held on Wednesday.
BusinessLine had earlier reported that the GCMMF Board was in favour of extending Sodhi’s term, rather than finding a successor immediately.
Sources confirmed that the Board of Directors has agreed on an extension for a period of six months. However, there is no confirmation if a search committee would be set-up, in the meantime, to find Sodhi’s successor.