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Indian Dairy industry to touch Rs 5,00,000 crore by 2015

With rapid increase in domestic demand for milk and milk-based products, the dairy industry in India is likely to reach about Rs 500,000 crore crore by 2015.According to a report. Milk production is likely to reach about 190 million tonne in 2015 from current level of about 123 million tonne, according to a study conducted by Assocham.

India is world’s largest milk producer and accounts for nearly 20 percent of total milk production of the world and almost all of it gets consumed domestically. An estimated eight crore rural families across India are engaged in dairy production and the rural market consumes over half of the total milk produce.

Owing to conventional dietary habits of Indian households, about 60 percent of milk produced is consumed in the liquid form and the remaining is consumed in the form of butter, clarified butter (desi ghee), cheese, curd, paneer, ice cream, dairy whiteners and traditional sweets. There is enormous scope seen ahead before the dairy industry for value-added products including custards, desserts, puddings, sauces, mousse, stirred yogurt and nectars. Demand for processed and packaged dairy produce in urban centres is going to see a phenomenal growth due to growing population with higher disposable income and greater health consciousness.

The 14 major milk producing states like Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal are accounted for over 90 percent of country`s milk production, having 87 percent of breedable cattle and buffalo population with 98 percent of the fodder resources. A new study reports that the demand for milk in India will rise by a compound annual growth rate of about 4% over the next few years. Organized retail selling of value-added dairy products and the food service management has helped the sector grow. Thus, the growth of food and coffee chains such as Café coffee Day, Pizza Hut, Dominos, KFC and McDonald`s are expected to help increase the consumption of value-added dairy products. In the short run, India`s dairy sector is well positioned to accommodate the rapid growth in dairy product consumption. An increasingly urbanized population with a greater income will drive demand

The Government of India gave an administrative approval to the plan (National Dairy Plan) on March 16th 2012. The National Dairy plan phase I (2011-12 to 2016-17 is a World Bank assisted Central Sector Scheme of Government of India with an outlay of Rs. 2242 crore implemented by the National Dairy Development Board through End implementing Agencies (EIA). It is a scientifically planned multi state initiative to increase the productivity of milch animals and thereby, increase milk production to meet rapidly growing demand of milk. The objects are to increase the productivity of milch animals and thereby increase milk production, provide rural milk producers with greater access to the organized milk processing sector by strengthening and expanding milk procurement system at the village level.

Ministry of Food Processing Industries also has its own programs targeting to increase the dairy processing and value added products in the country. In the fast changing world scenario and increasing competition, there is need to exploit the available resources to the maximum level and to use the best technologies, to cope up with the rising domestic demand for dairy products and to target export markets to become “ A Food Factory to the World.”

DairyTech India 2016 exhibition will, therefore, be an opportunity for stake holders of every segment of Animal Farming, Dairy Industry & Allied activities who want to expand and/or diversify their business activities.

Concurrently 5th Edition of "International Poultry & Livestock Expo 2016", an International exhibition on Poultry, Livestock and Technologies along with 3rd edition of MeatTech Asia 2016, 8th edition of India Foodex 2016 and AgriTech India 2016 will also be held for the benefit of all visitors.

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