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India's Largest Farmer-Owned Dairy Cooperative, Amul, Achieves Major Milestone

The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand, has announced that its total brand turnover has crossed the Rs 1 lakh crore mark in the financial year 2025–26. This significant achievement marks a major milestone for India's largest farmer-owned dairy cooperative.

The federation reported that the Amul brand's unduplicated turnover rose to over Rs 1 lakh crore, representing an 11% increase from approximately Rs 90,000 crore in FY25. This growth reinforces Amul's position as a leading global dairy cooperative brand.

GCMMF's Sales Turnover Also Sees Significant Growth

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GCMMF itself recorded a sales turnover of Rs 73,450 crore, a notable 11.4% increase from Rs 65,911 crore in the previous financial year. This makes GCMMF India's largest FMCG organisation by value.

The cooperative attributed its growth to its wide portfolio of over 1,200 products, an extensive distribution network, and its ability to adapt to changing consumer demand across urban and rural markets.

Amul Officials Praise Cooperative Model

Amul officials celebrated the achievement, citing the strength of the cooperative model and the contribution of millions of dairy farmers across India. The cooperative credited the success to the trust of millions of consumers and the tireless hard work of its 36 lakh dairy farmers.

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The milestone comes alongside Amul's recent recognition by the International Cooperative Alliance (ICA) as the world's No. 1 cooperative, and its push into global markets, including fresh milk launches in Europe and the United States.

YearAmul Brand Turnover (Rs crore)GCMMF Sales Turnover (Rs crore)
FY2590,00065,911
FY261,00,00073,450

The expansion aligns with broader efforts to scale India's cooperative dairy network, including the launch of the Sardar Patel Cooperative Dairy Federation Limited (SPCDF), aimed at integrating village-level cooperatives into a national framework and supporting what officials have described as a "Second White Revolution."

Investor Takeaway

Amul's growth reflects the strength of the cooperative model and its ability to adapt to changing consumer demand.

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