India’s consumer market to be world’s second by 2030

India consumer market growth dairynews7x7

India’s consumer market is on track to expand 46 per cent by 2030, making it the second-largest globally, according to the Edelweiss Mutual Fund report Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion […]

Odisha to double milk production by 2030

odisha to double milk by 2030 dairynews7x7

The Odisha government has set the target to double the milk production in the state in next five years and touch 150 lakh litre per day by 2030, said Fisheries and Animal Resources Development (FARD) minister Gokulananda Mallik on Tuesday. Speaking at a state-level event organised to mark National Milk Day, the minister said the […]

India’s milk production could reach 300 Billion Litrs by 2030

India milk production 300 billion by 2030 dairynews7x7

India contributes to over 25% of global dairy production and has consistently held the top position as the world’s largest milk producer since 1997. In FY23, the country produced around 231 million tonnes of milk, registering a growth rate of 6% CAGR over the period. past decade. A report by NITI Aayog predicts that the […]