Banas Dairy

What Banas Dairy does

Banas Dairy (legally Banaskantha District Co-operative Milk Producers' Union Ltd.) is a farmer-owned dairy cooperative founded in 1966 in Palanpur, Gujarat, and recognized as Asia's largest milk-producing cooperative with reported turnover of Rs 240 billion. It procures milk through a network of village-level cooperative societies from more than 4.5 lakh cattle breeders in the Banaskantha and Patan districts of Gujarat and an additional 321,813+ milk producers connected to its Varanasi plant in Uttar Pradesh. The cooperative processes milk and dairy derivatives across plants located in Palanpur (headquarters), Lucknow, Kanpur, Faridabad, Sanadar, Katarva, Dama and Varanasi, distributing dairy products under the Amul brand through the GCMMF network while also selling Banas-branded ghee, cattle feed, atta, oil, tea, spices, honey and non-food items. It also operates what is described as Asia's largest cattle feed plant (~1,500 metric tons per day), a Sex Semen Sorting Machine (the first domestically manufactured in India), and a Banas Bovine Breeding and Research Center targeting 10,000+ calves per year via IVF.

The business model spans multiple revenue mechanics: cooperative procurement pricing for member farmers (Rs 860/kg fat) combined with end-of-year bonus distributions (Rs 106 crore disbursed to milk producers); B2C branded food and non-food sales through retail and Amul parlours; cattle feed and agricultural input sales to farmer-members; emerging Bio-CNG and organic fertilizer (PROM/FOM) sales from waste-to-energy plants at Bhukhla, Vav-Tharad and planned 100-plant national rollout with NDDB; institutional supplies to its own Banas General Hospital and Banas Medical College via the Galbabhai Nanjibhai Patel Charitable Trust; and digital services through mobile applications (Banas Dairy 2.0, Banas Pashu Dhan, Banas Pashu Sarvar, Banas Talent Hub) plus the CowGPT AI cattle monitoring system developed with eVerse.AI and deployed across 22 lakh+ farmers with 40,000+ connected IoT collars.

Technology assets include IoT collar-based cattle health monitoring and anomaly detection (CowGPT), India's first domestically manufactured sex-sorted semen machine, IVF-based pure desi embryo breeding, Bio-CNG production technology jointly developed with Suzuki R&D Center India, and community radio broadcasting at 90.4 FM. The cooperative is governed by a Board of Directors led by Chairman Shankarbhai Chaudhary (also Gujarat Assembly Speaker) and is positioned within a broader cooperative network that includes the Amul/GCMMF system, NDDB, the Ministry of Cooperation and the Sardar Patel Cooperative Dairy Federation (SPCDF), which aims to connect 20 lakh+ dairy farmers across 20+ states.

Name

Banas Dairy

Legal name

Banaskantha Dist. Co.op. Milk Producers Union Ltd.

Website

https://banasdairy.coop

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Banas Dairy is Asia's largest farmer-owned dairy cooperative, procuring milk from 4.5 lakh+ cattle breeders across Gujarat and Uttar Pradesh and processing it through plants in Palanpur, Varanasi and other locations into Amul- and Banas-branded dairy products, cattle feed, Bio-CNG and fertilizers.

Ownership category

akta.pro rank

Product category

Dairy Products

NAICS

Dairy Cattle and Milk Production (11212), Dairy Product Manufacturing (3115), Dairy Product (except Frozen) Manufacturing (31151), Creamery Butter Manufacturing (311512), Dry, Condensed, and Evaporated Dairy Product Manufacturing (311514)

SIC

Dairy Products (2020), Agricultural Prod-Livestock & Animal Specialties (200), Wholesale-Farm Product Raw Materials (5150), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

Milk Production (Raw Milk) (AFAEACAA)

akta.pro secondary industries

Dairy Housing, Milking Systems & On-Farm Infrastructure Operations (AFAEACAG), Butter & Ghee Manufacturing (AFAKAKAD), Dairy Cattle Feed (Lactation, Transition, Dry Cow) (AFADAAAB), Butter & Cultured Dairy (Yogurt, Sour Cream, Kefir) Wholesale (AFAIAEAB)

Keywords

• Dairy cooperative federation
• Milk processing products
• Cattle feed manufacturing
• Bio-CNG production
• Cooperative milk procurement

Headquarters

HQ city

Palanpur

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Banas Dairy procures raw milk from over 22 lakh member farmers through its village-level dairy cooperative society network, processes it through multiple dairy plants across India, and sells finished dairy products (milk, ghee, butter, cheese, paneer, ice cream, sweets) under the Amul brand alongside Banas-branded consumer staples, cattle feed, Bio-CNG energy, and organic fertilizers. The cooperative also operates mobile applications for veterinary services, cattle health monitoring (CowGPT AI), community radio (Banas Radio 90.4 FM), and runs community services (hospital, medical college, sainik school) via the GNPCT trust.

Product overview

Banas Dairy operates as a multi-product cooperative with a diverse portfolio spanning dairy products (marketed under Amul brand including milk, ghee, butter, cheese, dahi, ice cream, paneer, sweets), branded Banas consumer products (atta, cooking oils, tea, spices, honey, non-food items), cattle feed products (distributed to farmer members), and sustainable Bio-CNG energy products. The cooperative also provides digital services through mobile applications including Banas Pashu Dhan for veterinary services, Banas Pashu Sarvar for staff management, Banas Dairy 2.0, Banas Talent Hub, and Banas Radio 90.4 FM community radio. The product ecosystem is supported by cattle breeding initiatives like the Banas Bovine Breeding and Research Center.

Differentiator

Problem solved

Functional benefit

Brands

• Banas Bhoomiamrut: Organic fertilizers and biogas products from waste-to-energy initiative
• Banas Radio 90.4 FM
• Banas Pashu Dhan
• Banas Pashu Sarvar
• Banas Dairy 2.0
• Banas Talent Hub
• Banas Sainik School

Products and services

• Milk Products (Amul Brand) Wide range of dairy products including milk, butter, cheese, ghee, dahi, ice cream, paneer, sweets, and Amulya dairy whitener marketed under the Amul cooperative brand; sold to end consumers through the Amul/GCMMF retail network across India.
• Bio-CNG and Organic Fertilizer Products Sustainable energy and agri-input products including compressed biogas (Bio-CNG) and organic fertilizers (PROM, FOM, Brown Amrut slurry) produced from cattle dung through Banas Dairy's waste-to-energy biogas plants. Bio-CNG serves as an import substitute for fossil fuels; fertilizers serve farmers and agricultural buyers.
• Cattle Feed Products Nutritious cattle feed products including Banas Calf Starter, Banas Cow Cattle Feed, Banas Mehsani Buffalo Cattle Feed, Banas Super Fat, Banas Super Min, and Banas Vikas Cattle Feed produced at Asia's largest cattle feed plant (1,500 metric tons daily capacity) and distributed to member farmers via the village-level DCS network.
• Banas Branded Consumer Products (Atta, Oil, Tea, Spices, Honey) Banas-branded food products marketed under the cooperative's own label including wheat flour (Atta), cottonseed oil, tea varieties (Taaza, Gold, Diamond), spices (chilli powder, coriander powder, turmeric powder), and honey, sold through own retail channels and the Amul/GCMMF distribution network.
• Snacks and Beverages (Amul branded ice cream, lassi, buttermilk, frozen ready-to-eat) Frozen snacks and beverages including Amul branded ice creams, lassi, buttermilk, and ready-to-eat frozen products distributed to consumers through the Amul cooperative retail and distribution network.
• Banas Ghee (multiple pack sizes for retail and institutional) Banas-branded ghee products available in round tins, pouches, and 15-litre containers supplied to both retail consumers and institutional buyers (hospital, medical college, school kitchens under the GNPCT trust).
• Banas Non-Food Products (detergent, dhoop, gugal incense) Banas-branded non-food household products including detergent cakes, detergent powder, dhoop sticks, and gugal (incense), distributed through Banas retail and the cooperative network.
• Banas Bovine Breeding and Research Center (BBBRCC) World-class bovine breeding center offering IVF-based cattle breeding services to cooperative farmers, producing high-quality desi breed calves for herd improvement and higher milk yields; includes India's first domestically manufactured sex-sorted semen sorting machine facility at Dama for controlled female-calf breeding.

Quantifiable outcome

• Rs 860 per kg fat milk procurement price benefiting 4.5 lakh cattle breeders
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core.

• Sardar Patel Co-operative Dairy Federation Limited (SPCDF)coreStrategic or Co-development Partner · 5 May 2026Banas Dairy participates in SPCDF which was launched by Union Minister Amit Shah in July 2025 to strengthen India's cooperative dairy movement. SPCDF aims to connect over 20 lakh dairy farmers from more than 20,000 villages across 20 states to an organized cooperative structure. Sangram Chaudhary from Banas Dairy elected as Vice Chairman.
• National Cooperative Exports Limited (NCEL)coreStrategic or Co-development Partner · 2 June 2025Banas Farmers (sister organisation of Banas Dairy) signed MoU with NCEL in Mussorie on June 2 to enhance export opportunities for cooperative products. Covers procurement, processing, branding, packaging, quality certification and international marketing across India's cooperative network. Focus on cumin, groundnut and agro-products.
• eVerse.AIcoreTechnology or IntegrationNagpur-based startup developed CowGPT, an AI-powered cattle monitoring system using IoT-enabled collars for health tracking, illness detection, and breeding outcomes. Over 22 lakh farmers now use the solution with more than 40,000 connected collar devices deployed across Indian dairy farms.
• AmulcoreStrategic or Co-development PartnerMajor dairy cooperative partner within the GCMMF network. Banas Dairy is part of the Amul cooperative system and distributes products under the Amul brand alongside its own Banas branded products.
• Mother DairycoreStrategic or Co-development PartnerMajor dairy cooperative partner for CowGPT technology deployment and dairy sector collaboration.
• National Dairy Development Board (NDDB)coreStrategic or Co-development PartnerNDDB plans to replicate Banas Dairy's Bio-CNG model across India with 100 plants. Based on successful two-year joint pilot project with Suzuki R&D and Banas Dairy in Gujarat's Banaskantha district.
• Suzuki R&D Center IndiacoreTechnology or IntegrationJoint pilot project with NDDB and Banas Dairy for converting cattle dung to biogas and purified CBG as import substitute for fossil fuels. Technology for sustainable fuel production from agricultural waste.
• Gujarat Biotechnology UniversitycoreStrategic or Co-development PartnerMoU signed to promote innovation, research excellence, and stronger industry-academia collaboration in dairy and animal biotechnology sectors. Aims to enhance joint research activities, knowledge exchange, student engagement, and translational opportunities. Led by Banas Dairy Chairman Shankarbhai Chaudhary and GBU Director General Dr. Subeer Majumdar.
• Galbabhai Nanjibhai Patel Charitable Trust (GNPCT)coreStrategic or Co-development PartnerTrust established by Banas Dairy to offer community services including Banas Medical College and Research Institute, Banas General Hospital, Banas Sainik School, and Banas Career Academy. Registered by Charity Commissioner under certificate No. E/1530 Banaskantha on September 17, 2016.

Scale indicators10 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Amul (GCMMF): Gujarat Cooperative Milk Marketing Federation (GCMMF) is India's largest dairy cooperative brand and the federation to which Banas Dairy belongs. It is the most direct peer given shared farmer-membership model, overlapping Amul-branded product portfolio, and nationwide distribution.
• Mother Dairy: Major Indian dairy cooperative and Banas' named CowGPT technology partner. Operates a comparable farmer-procurement-plus-branded-products model in North India, overlapping directly with Banas' milk, ghee, and dairy products.
• Karnataka Milk Federation (Nandini): State-level dairy cooperative operating the Nandini brand. Highly comparable to Banas as a cooperative-led dairy processor with state-wide procurement network and branded consumer products.
• Sabar Dairy (Sabarkantha District Co-op Milk Producers' Union): Neighbouring Gujarat district cooperative within the GCMMF/Amul system. Highly comparable farmer-member model, geographic adjacency to Banaskantha, and shared Amul distribution channel.

Broad incumbents

• Hatsun Agro Product: India's largest private-sector dairy company (Arun Icecreams, Arokya Milk, Hatsun brands). Comparable in scale and dairy product breadth, but operates on a private/corporate model rather than cooperative.
• Nestlé India: Multinational FMCG incumbent with major dairy adjacency (Milkmaid, a+ milk, Cerelac). Comparable as a scaled buyer of dairy ingredients and competitor for premium dairy and infant nutrition shelves.
• Britannia Industries: Large Indian packaged-food company with significant dairy inputs (cheese, milk, curd, dairy whitener). Comparable as a broad incumbent competing for the same branded-dairy shelf and foodservice dairy spend.

Emerging players

• Heritage Foods: South-Indian dairy processor with growing North India presence. Comparable in branded milk, ghee, and dairy products, though smaller in farmer-member base than cooperative peers.
• Parag Milk Foods: Listed Indian dairy company behind 'Go' and 'Pride of Cows' brands. Comparable in value-added dairy manufacturing (cheese, ghee, paneer) but operates a private, not cooperative, model.
• Dodla Dairy: South-Indian dairy processor with pan-India presence in milk, curd, ghee and ice cream. Comparable as a regional dairy consolidator scaling beyond its home market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/banasdairy1969
• YouTubeyoutube.com/channel/UCsZWHN2rsKRmX353HQPp5Gg
• Facebookfacebook.com/banasdairy1969
• LinkedInlinkedin.com/company/banasdairy1969
• Instagraminstagram.com/banasdairy1969

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Banas Dairy