Under Leadership of CM Bhagwant Singh Mann, Verka Achieves New Milestone; Touches Record Turnover of ₹551 Crore in June
Milk procurement up by nearly 2 lakh litres per day, nearly double the national growth rate: CM Bhagwant Singh Mann
Verka’s Value Added Products Shows Robust Growth, Indication of Rising Consumer Confidence: CM Bhagwant Singh Mann
Punjab Govt Committed to Further Strengthening Cooperative Dairy Sector & Boosting Farmers’ Income: CM Bhagwant Singh Mann
CHANDIGARH: 7th July, 2026 (WISHAVWARTA);- Verka (Milkfed Punjab) recorded a turnover of ₹551 crore in June 2026, up from ₹480 crore during the corresponding month last year, registering a growth of 14.79%. The achievement comes as the CM Bhagwant Singh Mann-led Punjab Government continues to focus on expanding the cooperative dairy sector through higher milk procurement, improved processing capacity and greater emphasis on value-added dairy products.
On this, CM Bhagwant Singh Mann said, “Milkfed Punjab has recorded a turnover of ₹551 crore during June 2026, compared to ₹480 crore during the same month last year. This extraordinary increase of ₹71 crore represents a 14.79% year-on-year growth and reflects the growing strength of Punjab’s cooperative dairy sector along with the ever-increasing consumer confidence in the Verka brand.”
“Milk procurement has also increased by nearly two lakh litres per day during June, registering around 11% growth over last year. This growth is nearly double the national average growth rate of 5 to 6%, demonstrating the remarkable progress being made by Punjab’s cooperative dairy movement,” said the Chief Minister.
CM Bhagwant Singh Mann further said, “This achievement is fully aligned with our government’s vision of strengthening the cooperative movement and improving the economic well-being of dairy farmers across Punjab. We have consistently focused on expanding processing capacity, promoting value-added dairy products, improving market access and ensuring better returns for milk producers.”
“The strong performance during June has been further reinforced by impressive growth in several value-added dairy products. Table Butter registered a growth of 94%, UHT Cream 213%, UHT Milk 20%, Ice Cream 22%, Tetra Pack Lassi 30%, Ghee 41% and Dairy Whitener 58%. This clearly reflects the growing consumer preference for Verka’s high-quality dairy products across the State,” he added.
The Chief Minister noted, “This outstanding performance has been driven by a better product mix, improved market execution and increasing consumer preference for Verka’s value-added products. Our government remains fully committed to further strengthening Milkfed through continued investment in dairy infrastructure, technology adoption, product innovation, cold-chain expansion and market development.”
“Punjab’s cooperative dairy movement is emerging as a strong engine of rural prosperity, employment generation and farmer empowerment. I congratulate the management of Milkfed, its employees, cooperative societies and lakhs of milk producers whose collective dedication and hard work have made this remarkable achievement possible,” said CM Bhagwant Singh Mann.
Reaffirming the government’s commitment, the Chief Minister stated, “We will continue making sustained investments in milk procurement, modern processing infrastructure, cold-chain development, product innovation and market expansion. These initiatives will further strengthen the cooperative dairy sector, enhance the income of dairy farmers, reinforce Verka’s leadership in the Indian dairy market and ensure that consumers continue to receive safe, nutritious and high-quality dairy products.”
