
The $9.6 Billion Dairy Giant That Will Never Go Public: How Amul’s Cooperative Model Challenges Traditional Capitalism
In an era where startup founders race toward IPOs and companies constantly chase shareholder value, one of India’s largest food companies stands apart. With annual revenue exceeding ₹80,000 crore ($9.6 billion), Gujarat Cooperative Milk Marketing Federation (GCMMF), better known as…




