India’s Dairy Industry: Marching Towards Growth and Development
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India holds a significant position in bovine population among the nations of the world. However, although India has an appreciable livestock wealth, she ranks very low in the international trade of livestock products. Within the recent and concerted efforts made by the government to liberalize and open up the domestic economy to the world market, India’s export trade of livestock products obtained newer heights. The just started dairy industry in India accompanied with the introduction of corporate sector again, due to the liberalized policies of the government, boosts the functioning of the National Dairy Development Board to establish a white revolution. If India is capable of exploiting her potential up to the mark in the livestock sector she can become one of the leading exporter of livestock products and generate surplus of these commodities. She would also rank as a competitive member in the world market. In the FY’04 the total production of milk and dairy products was worth Rs1600 billion and the traditional dairy products accounted for Rs990 billion. While the organized sector’s share was about Rs230 billion the unorganized sector accounts for more than 50% of all milk and dairy products. The co-operative sector has an installed capacity of 60%. After conducting an intensive profiling of the livestock industry in India, RNCOS in its recently published market research report named “Indian Livestock Industry” says that the dairy production accounts for about 70% of the total livestock produce. The report also predicts a triple rise in the demand for livestock products in developing countries in the next two decades. This would open opportunities to farmers to increase their incomes. On the basis of surveys in all the 29 states and 6 union territories of the country the report announces that Rajasthan, Jammu & Kashmir, Uttar Pradesh, Gujarat and the north eastern states are regions with maximum livestock population. The report analyzes the opportunities and challenges facing this industry, a key one being disaggregated and unorganized form of activity in the livestock industry. It includes an extensively conducted study of various government organizations targeting development and support of the Indian livestock industry. To purchase your copy: http://www.rncos.com/Report/IM032.htm For more information please visit www.rncos.com
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