Kerala's Milma signs MoU to export dairy products to Australia, New Zealand

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Thiruvananthapuram, Nov 5 (IANS) Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as MILMA, on Wednesday signed a tripartite memorandum of understanding (MoU) to export its products to Australia and New Zealand, expanding its overseas reach beyond the Gulf markets.

Milma, the brand name of Kerala Cooperative Milk Marketing Federation, is a leading dairy cooperative known for its wide range of high quality milk and milk products.

Established to support dairy farmers, Milma ensures fair returns to producers while maintaining strong consumer confidence in quality and ethical sourcing.

KCMMF Managing Director Asif K. signed the agreement here. Yusuf, RG Foods executive director Vishnu ji and Midnightsun Global owner Bindu Ganesh Kumar signed in the presence of Milma Chairman KS Mani.

Under the MOU, RG Foods will handle the entire logistics chain from product pick-up to transportation, customs clearance and freight forwarding at Milma’s facilities while ensuring compliance with import laws of the destination countries.

MidnightSun Global will act as a coordinating partner to facilitate operation and execution, without having ownership rights over the products.

Describing the agreement as a “milestone” in Milma’s overseas market reach, Mani said the brand’s products have already found strong acceptance in the major Gulf countries, especially among non-resident Keralites (NRKs).

“Australia and New Zealand both have large NRK populations, making them promising markets for Milma’s products,” he said.

Yusuf said the first phase of exports will include paneer, payasam mix and dairy whitener, with plans to expand the range in future phases. Milma will manufacture and package the products in compliance with the specifications and international quality standards set under the agreement.

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As per the terms, RG Foods will bear all expenses related to logistics, customs and distribution as well as all related export and transit risks.

Mani also said that the biggest beneficiaries of Milma’s market expansion are its member dairy farmers, with the cooperative giving 92.5 percent of its profits to farmers last year.

Milma has reported a consolidated turnover of Rs 4,327 crore for FY 2024-25.

–IANS

SG/VD