> Formed in 1946, it is a cooperative brand managed by a cooperative body, the Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), which today is jointly owned by 3.6 million milk producers in Gujarat.[4]

I mean, kind of? idk if India has the concept of a worker's cooperative company but this is not super far away from it

I guess so.

> It is important to note that Amul Federation passes on 80-85% of consumer rupee back to milk producer members thus encouraging them to produce more milk.

https://amul.com/files/pdf/GCMMF-sales-Turnover-2017-18-0104...