KMF is a Cooperative Apex Body in the State of Karnataka representing organisations of milk producers' and implementing all round dairy development activities to achieve the following objectives:

• To ensure assured and remunerative market round the year for the milk produced by the farmer members.
• To make available quality milk and other premier dairy products to urban consumers.
• To build & develop village level institutions as cooperative model units to manage the dairy activities.
• To ensure provision of inputs for milk production, processing facilities and dissemination of know how.
• To facilitate rural development by providing opportunities for self employment at village level, preventing migration to urban areas,introducing cash economy and opportunity for a sustained income.

The philosophy of dairy development is to eliminate middlemen and organise institutions to be owned and managed by the milk producers themselves, employing professionals. To sum it up, every activity of KMF revolves around meeting one basic objective: 'Achieve economies of scale to ensure maximum returns to the milk producers, at the same time facilitate wholesome milk at reasonable price to urban consumers'. Ultimately, the complex network of cooperative organisation should build a bridge between masses of rural producers and millions of urban consumers and in the process achieve a socio-economic revolution in every hinterland of the State.