Better infrastructure, quality standards required to make India a milk exporter: CII
The Dollar Business Bureau | @TheDollarBiz India’s formal dairy market size is estimated at $10 billion and is expected to grow at a CAGR of 13-15% India’s milk consumption is growing faster than production and this could make the country an importer of milk if necessary steps are not taken by policy makers and other stakeholders, said representatives of the industry body Confederation of Indian Industry (CII) at the “Dairy Vision 2025” conference held with the support of Ministry of Agriculture. India is the world’s largest producer of milk (producing around 132 million tonnes per year as of 2012-13), but most of it is consumed in the domestic market and the sector remains largely unorganised. According to CII, the dairy sector ...
