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Amul crosses ₹1 lakh crore in FY26 with 11% growth, becoming India’s first FMCG company to breach the ₹1 trillion mark, backed by 36 lakh farmers.
In a defining moment for India’s dairy and fast moving consumer goods sector, Amul has achieved what no Indian FMCG company has accomplished before — crossing the ₹1 lakh crore turnover mark in a single financial year. The Gujarat Cooperative Milk Marketing Federation, which owns and markets the Amul brand, announced this historic milestone for FY2025-26, underscoring the cooperative’s remarkable trajectory from a modest dairy movement to a globally recognised institution.
A Milestone Rooted in Numbers
The total unduplicated revenue of the Amul brand rose 11 per cent in FY26, crossing ₹1 lakh crore against a base of ₹90,000 crore recorded in FY2024-25. GCMMF’s own sales turnover climbed 11.4 per cent to ₹73,450 crore, compared to ₹65,911 crore in the preceding fiscal year. The remaining revenue is attributed to Amul’s 18 member district cooperative unions, which independently market products under the same trusted brand identity.
The Drivers Behind the Growth
Several strategic and operational factors contributed to this achievement. A product portfolio exceeding 1,200 packs spanning milk, butter, cheese, ghee, ice cream, and emerging categories such as protein, probiotic, and organic products gave the brand unmatched shelf presence across consumer segments. An aggressive distribution push into Indian towns with populations exceeding 5,000 significantly widened the brand’s domestic reach, tapping into previously underserved markets.
Managing Director Jayen Mehta attributed the growth to this focused domestic expansion, coupled with the brand’s ability to adapt swiftly to evolving consumer preferences. The federation collects approximately 31 million litres of milk daily and distributes over 24 billion product packs annually, reflecting the sheer operational scale that underpins this success.
The Cooperative Advantage
At the heart of Amul’s rise is its cooperative structure, which actively involves 36 lakh dairy farmers across India. GCMMF Chairman Ashokbhai Chaudhary described the milestone as a reflection of consumer trust and farmer dedication in equal measure. Vice Chairman Gordhanbhai Dhameliya emphasised that the achievement validates the cooperative model as a sustainable blueprint for inclusive economic growth.
A Global Dairy Force
Beyond India’s borders, Amul now exports to more than 50 countries, with active expansion underway in Africa and Southeast Asia. The recent launch of fresh milk in Europe and the United States signals the brand’s ambition to establish itself as a household name in international markets. Notably, in November 2025, Amul was ranked the world’s No. 1 cooperative by the International Cooperative Alliance World Cooperative Monitor, further cementing its global standing.
As Amul looks ahead, its trajectory offers a compelling blueprint — one where farmer welfare, product innovation, and cooperative governance converge to drive world class growth.
