India offers cars, dairy exports to Africa in barter push
At the CII India–Africa Business Conclave, Commerce Minister Piyush Goyal proposed a strategic trade exchange: India could supply motor vehicles and high-quality milk products to African nations, in return importing diamonds, gold, petroleum, agricultural produce, pulses, and lentils. He highlighted this as a means to bolster India–Africa trade—currently at $82 billion—with ambitions to double it…
GST Cut Could Make India a Dairy Export Powerhouse
R.G. Chandramogan, Chairman of Hatsun Agro Product Ltd., has called for a uniform reduction of GST on all dairy products—from the existing 12% to 5%, including ghee and ice cream. He argues this could dramatically boost India’s dairy industry, empowering farmers, increasing domestic demand, and transforming India into a global exporter. India’s annual milk production…
India’s Dairy Exports Surge 80% to $493M in FY 2024-25
India’s dairy exports soared by 80% in FY 2024-25, reaching $492.9 million, with volumes climbing to 113,350.4 metric tonnes—a 77.9% year-on-year increase. Key export destinations included the UAE, USA, Saudi Arabia, Bangladesh, and Bhutan. This growth is propelled by India’s standing as the world’s largest milk producer and a decade of consistent volume gains. Industry…
India Poised to Challenge U.S. in Global Butter Export Markets
In a development that could reshape global dairy trade dynamics, India is emerging as a serious contender to the U.S. in the international butter market, according to a recent analysis by U.S.-based dairy experts. While the U.S. has traditionally maintained a stable share in global butter exports, India’s rising milk production, expanding processing infrastructure, and…
Milma in talks to export dairy products to U.S., Europe
The Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as Milma, is in talks with international business networks to export its high-value dairy products to the U.S. and Europe. Milma Chairman K.S. Mani said the milk cooperative was exploring the export potential of its long-shelf-life products, such as clarified butter (ghee) and milk powder, from…
USDA Launches Trade Mission in India and visits Indian Dairy Association
U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor arrived in New Delhi today to launch a USDA-sponsored agribusiness trade mission. Taylor leads a delegation of officials from 47 U.S. agribusiness and farm organizations and 11 state departments of agriculture seeking to develop and expand business opportunities with importers…
India extends ban on de-oiled rice bran export by four months
The central government has extended the ban on exports of de-oiled rice bran by another four months, according to an official notification put out by the Directorate General of Foreign Trade (DGFT) dated March 15. The government had initially banned the export of the commodity derivative in July 2023 for four months and later extended…
Diwali se Diwali tak – Where did the dairy commodities money go?
Diwali was observed on November 12th this year, a shift from its date in 2022 on October 24th. Over the past 384 days, the dairy industry has experienced a roller coaster of events. This year witnessed a positive trend with continuous milk availability throughout. During the summer of 2023, the utilization of dairy commodities reached…