Press Release
Press Release from Sikkim Cooperative Milk Producers’ Union Ltd
Information & Public Relations Department
AGM 2025: Balance Sheet Overview (As of 31st March 2025)
The Sikkim Cooperative Milk Producers’ Union Ltd. continues its robust financial performance, having earned a profit for the 18th consecutive year. The balance sheet reflects a well-managed financial position, demonstrating growth in assets, efficient handling of liabilities, and stable equity, which underscores the organization’s financial health and sustainability.
Profit & Loss Account (Year Ended 31st March 2025)
The Union showcased consistent revenue generation driven by:
● Average Daily Milk Procurement: 52,205 liters
● Average Daily Milk Sale: 51,150 liters, including significant supplies to the Indian Army and civilian market across urban areas of Sikkim.
The organization’s focus on high-quality milk procurement and expanded milk product offerings has contributed to continuous profitability, ensuring fair returns to dairy farmers while maintaining competitive market presence.
Projected Budget for Financial Year 2025-26
● The budget focuses on expansion and quality enhancement:
○ Price difference support totaling ₹6.32 crores distributed among Dairy Cooperatives, Society Development Fund, and SDEA Fund.
○ Investments are planned for infrastructure and technology upgrades.
○ The budget prioritizes:
■ Expansion of Gangtok Dairy Plant for new products.
■ Establishment of a new Dairy Plant at Jorethang with a capacity of 1 LLPD.
■ Development of Dentam Cheese Plant into a premium quality production unit.
■ New marketing outlets (e.g., sweet parlors at MG Marg, Ridge Park, Zero Point).
■ Ongoing support for fodder cultivation and processing to promote organic dairy practices.
Future Plans
1. Infrastructure Expansion
○ Assured Expression of Interest (EOI) for Dentam Cheese Plant.
○ Land transfer and approvals for new dairy plants and ISO certification expansion.
2. Marketing Strategy
○ Launch of sweet parlors in major urban areas to directly engage consumers.
3. Sustainable Development & Farmer Empowerment
○ Cooperative model for organic fodder cultivation and circulation of income.
○ Promotion of organic dairy by reducing dependency on external procurement.
○ Research collaboration for tree fodder and mixed fodder, contributing to local knowledge (“Gwala Gyan”).
○ Implementation of BIS Type-1 cattle feed, mineral mixtures, and silage to boost productivity, having already increased procurement by 14,000 liters per day.
4. White Revolution 2.0 in Sikkim
○ Formation and revival of Dairy
Cooperative Societies (DCS) focusing on:
■ Uncovered villages.
■ Conversion of inactive DCS to service centers for buying and selling fodder and farm inputs.
■ Training centers for hay making, silage production, and fodder nursery development.
The Sikkim Cooperative Milk Producers’ Union Ltd. continues its robust financial performance, having earned a profit for the 18th consecutive year. The balance sheet reflects a well-managed financial position, demonstrating growth in assets, efficient handling of liabilities, and stable equity, which underscores the organization’s financial health and sustainability.
Profit & Loss Account (Year Ended 31st March 2025)
The Union showcased consistent revenue generation driven by:
● Average Daily Milk Procurement: 52,205 liters
● Average Daily Milk Sale: 51,150 liters, including significant supplies to the Indian Army and civilian market across urban areas of Sikkim.
The organization’s focus on high-quality milk procurement and expanded milk product offerings has contributed to continuous profitability, ensuring fair returns to dairy farmers while maintaining competitive market presence.
Projected Budget for Financial Year 2025-26
● The budget focuses on expansion and quality enhancement:
○ Price difference support totaling ₹6.32 crores distributed among Dairy Cooperatives, Society Development Fund, and SDEA Fund.
○ Investments are planned for infrastructure and technology upgrades.
○ The budget prioritizes:
■ Expansion of Gangtok Dairy Plant for new products.
■ Establishment of a new Dairy Plant at Jorethang with a capacity of 1 LLPD.
■ Development of Dentam Cheese Plant into a premium quality production unit.
■ New marketing outlets (e.g., sweet parlors at MG Marg, Ridge Park, Zero Point).
■ Ongoing support for fodder cultivation and processing to promote organic dairy practices.
Future Plans
1. Infrastructure Expansion
○ Assured Expression of Interest (EOI) for Dentam Cheese Plant.
○ Land transfer and approvals for new dairy plants and ISO certification expansion.
2. Marketing Strategy
○ Launch of sweet parlors in major urban areas to directly engage consumers.
3. Sustainable Development & Farmer Empowerment
○ Cooperative model for organic fodder cultivation and circulation of income.
○ Promotion of organic dairy by reducing dependency on external procurement.
○ Research collaboration for tree fodder and mixed fodder, contributing to local knowledge (“Gwala Gyan”).
○ Implementation of BIS Type-1 cattle feed, mineral mixtures, and silage to boost productivity, having already increased procurement by 14,000 liters per day.
4. White Revolution 2.0 in Sikkim
○ Formation and revival of Dairy
Cooperative Societies (DCS) focusing on:
■ Uncovered villages.
■ Conversion of inactive DCS to service centers for buying and selling fodder and farm inputs.
■ Training centers for hay making, silage production, and fodder nursery development.