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Anand Milk Union Limited (Amul)

India ยท Privately owned

Amul is an Indian dairy cooperative that collects milk from millions of small farmers and turns it into butter, cheese, milk, and ice cream sold across the country.

Amul is the brand most Indians picture when they think of milk, butter, and cheese โ€” a dairy giant that gathers milk from millions of small farmers and turns it into everyday products like butter, packaged milk, and ice cream. It sits at the center of Indian kitchens, and for a huge share of the country's rural families, it is also the main customer that buys their milk every single day.

Anand Milk Union Limited (Amul) (AMUL) Amul butter: line art illustration of a square foil-wrapped butter packet with the Amul girl mascot and blue-and-red Amul branding
Amul Butter
Amul Butter is a familiar brand of salted table butter sold across India.

The structure is the interesting part. Amul is not one company but a cooperative system: farmers own the village milk-collection societies, those societies own the district unions, and the district unions own the marketing federation, Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns the Amul brand. Farmers pour milk in each morning and evening, get paid for it, and at the end of the year they might receive a share of the profits too. This is why Amul is often described as a business owned by the people who supply it, not by outside shareholders โ€” it has no stock listing. Its big products are butter, milk, and ice cream, but the deeper machine is logistics: collecting milk from remote villages twice a day, chilling it fast, and moving it to plants that turn it into shelf-stable goods. A famous story is the "White Revolution," driven by the engineer Verghese Kurien, which turned a small Gujarat cooperative in the 1940s into a national force and helped make India the world's largest milk producer. The cooperative even airlifts milk to remote places like Leh and the Andaman Islands, where roads and weather make normal supply hard.


Amul's strength is its enormous, loyal farmer base and a brand trusted across India, plus low costs that make it hard to beat on price. Its weakness is thin margins โ€” dairy is a low-profit business โ€” and heavy competition from private players like Hatsun Agro Product in the south and newer dairy startups. It also has to manage the risk that bad weather or disease hits milk supply. Most of the money it earns goes back into keeping the network running and paying farmers, with a smaller share funding new products and expansion.

Saved answer ยท last researched 10 Nov 2026