The Price India is Paying to Protect its Dairy Sector
A year before India shook off the yoke of colonialism and emerged as a sovereign nation, the country’s dairy sector had already broken off from imperial chains by switching to the cooperative model. The country, for the past many years, has been the largest milk producer in the world, contributing nearly 25% of the global…
Assam govt Commercialising the livestock and dairy sector
Assam Agriculture Minister Atul Bora announced on Tuesday that the state government is dedicated to commercialising the livestock and dairy sector while encouraging greater involvement from the younger generation. Speaking at the National Milk Day celebrations organised by the Directorate of Dairy Development, Bora noted that India contributes approximately 25 per cent of the world’s total milk production, maintaining…
India says dairy sector will stay out if EU wants FTA
Union Minister Piyush Goyal said on Friday that India would not be able to strike a free trade agreement deal with the European Union if the bloc kept insisting on seeking access to India’s dairy industry. A report by Reuters quoted Goyal as saying, “A trade deal could be concluded swiftly if sensitivities were respected on both…
Excessive October Rain triggers distress in dairy sector
Excessive rain this month may have caused significant damage to standing crops across Karnataka, but it has presented the dairy sector with distress of a different type — overproduction of milk. It has left both producers and milk unions in a difficult situation. The glut began with the early onset of the monsoon in June, resulting in a sharp…
Dairy sector ready to ride into new growth cycle
Many dairy enterprises are expecting more robust growth momentum in the last months of the year, although the prospect trajectory remains uneven in parts. Optimistic signals from the fast-moving consumer goods (FMCG) sector in the second quarter of 2024 have raised expectations for a stronger recovery in the dairy industry before 2025. Tran Huong My,…
Himachal Pradesh revolutionizes dairy sector with over Rs. 250 Crore investment
Under the dynamic leadership of Chief Minister Thakur Sukhvinder Singh Sukhu, the State Government of Himachal Pradesh is setting new benchmarks in the rural economy through its ambitious schemes and innovative initiatives in the dairy sector. The focus on milk production and related activities is generating employment and empowering rural communities across the State. Recognizing…
Australian dairy sector is shrinking – Three lessons for Indian dairy industry
The latest dairy market review report by FAO for the year 2023 unleashed some interesting insights. Three trends were noticed which are worth sharing . 1.In 2023, the FAO Dairy Price Index averaged 123.7, down 17.3% from 2022. 2.In 2023, global milk production rose by 1.5% to 965.7 million tonnes, driven mainly by growth in…
Dodla , Heritage , Parag : Why is Investec bullish on dairy sector?
The Indian dairy sector, which has experienced several obstacles in the last three years, such as demand disruptions due to the COVID-19 pandemic and milk shortages that led to a sharp increase in prices, is finally moving past the tough stretch and offers an opportunity for investors to tap into the rising discretionary consumption in…
Is Nepal’s dairy sector headed for recession?
In April last year, the Nepali dairy industry surprisingly requested the government to lift the restriction on the import of skimmed milk powder or full cream milk powder to avert possible shortages of milk in the domestic market. Dairies cited reasons such as the Covid pandemic and the prevalence of lumpy skin disease in cattle…
Using industrial heat in the dairy sector to reach climate goals
Tom Marren, chair of the non-profit organisation E Heat, believes the “only way” to reach climate goals in the dairy sector is through the use of industrial heat. Marren also co-founded Astatine, a company based on renewable energy, with plans for advancements in the dairy sector. He claims that heat pumps in the dairy industry…