Animal Husbandry Key to India’s Economy: Chouhan
Union Minister Shivraj Singh Chouhan said agriculture is the backbone of India’s economy and along with animal husbandry it will have an important role as the country is poised to become the world’s third-largest economy in the near future. Batting for crop diversification, Chouhan said farming of fruits, flowers, medicinal plants, agroforestry, animal husbandry,…
Milk production annual growth rate slips further to 3.78% in FY24
India’s annual growth rate in milk production has slowed down further to 3.78 per cent in 2023-24, though the country continues to remain the world’s largest producer at 239.3 million tonnes, latest government data showed. The growth rate in milk production was 6.62 per cent in financial year 2017-18 (FY18); 6.47 per cent in…
Gujarat ranks fourth in Milk production in India
Ahead of the National Milk Day, being celebrated on Tuesday, the state govt said that over the past 22 years, Gujarat’s milk production increased by 11.96 million metric tonnes. The state govt said in a statement on Monday that with an annual milk production of 17.28 million metric tonnes, Gujarat ranks fourth in the country. The…
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…
India is a significant market for SIG aseptic packaging
India is the largest milk producer in the world; it accounts for nearly 22-25% of the world’s production, according to the Food and Agriculture Organisation (FAO). According to a report by Fortune Business Insights, the country’s dairy market size was valued at $115.57 billion in 2022. This number is expected to reach $227.53 billion by…
Nestle Launches Sugar-Free Cerelac Variants in India
FMCG major Nestle India on Thursday said it will soon launch variants “with no refined sugar” of its infant food Cerelac. The announcement is important as Nestle India, part of Swiss multinational Nestle SA, recently faced criticism for having added sugar in Cerelac. In the company’s earnings statement CMD Suresh Narayanan said: “We have achieved…
Buffalo meat leading India’s export of animal products
India continues to play a crucial role in the global animal products market, emerging as a leading producer of high-quality items such as milk, meat and eggs. In 2023-24, India’s animal product exports amounted to ₹37,665.51 crore ($4,543.52 million), with buffalo meat emerging as the dominant contributor. Buffalo meat alone accounted for ₹31,010.10 crore ($3,740.53…
India’s milk will see significant evolution over 10 years: Akshali Shah
India, the world’s largest producer of milk, has seen an improvement in the dairy sector due to the use of technologies such as automated milking systems. The domestic milk market will grow more due to health-focused innovations, premiumisation and transparency, says Akshali Shah, Executive Director, Parag Milk Foods. The market is set to undergo significant evolution, driven by shifting…
Grants from Green Climate Fund approves USD 782.4 million for India
The Green Climate Fund (GCF) was set up under the United Nations Framework Convention on Climate Change (UNFCCC) at the 16th Conference of the Parties (COP-16) in 2010 to support developing countries in reducing greenhouse gas emissions and strengthening capacity to adapt to climate change. The Fund aims to mobilize funding at scale to invest in low-emission…
India incurs total loss of around Rs1 lakh crore in livestock diseases
World’s most expensive livestock diseases What is the world’s most expensive dairy disease? And what countries are hit hardest by these costs? Dr. Philip Rasmussen, researcher from the University of Copenhagen, Denmark, recently explored these questions in a study soon-to-be published in the Journal of Dairy Science. Rasmussen’s team for the project also consisted of researchers…