The Significance of Dairy Industry in India’s Economic Development
India’s dairy industry has played a crucial role in the country’s economic development. This sector has also demonstrated an important part in achieving food security, reducing poverty, generating employment opportunities, and providing a regular source of income for rural households. Moreover, in developing economies, like India, landless and poor farmers are actively involved in dairying […]
Innovations identified as key to dairy sector in China
More efforts should be made in supply chains and innovations to fuel the high-quality development of the domestic dairy industry in China, which will bolster the development of farming and boost the nation’s rural vitalization progress, said deputies to the 14th National People’s Congress. Shi Yudong, a deputy to the NPC and director of the […]
FAO, WHO Report on Food Safety of Water Reuse in Dairy
The Food and Agriculture Organization of the United Nations (FAO) and the World Health Organization (WHO) recently published a report that provides guidance for the dairy industry on food-safe sourcing, use, and reuse of fit-for-purpose water. The report is based on a Joint FAO/WHO Expert Meeting on Microbiological Risk Assessment (JEMRA) session that was convened online from […]
Is this what dairy industry was expecting from Budget 2023 ?
Everyone was eagerly waiting for the budget 2023-24 and finally it came. The last budget speech was of 38 pages and had no mention of terms like dairy or animal husbandry. This time our expectations were high as the budget speech was of 58 pages and had the word dairy mentioned 3 times and animal […]
National Workshop on Water Management in Dairy Industry
Verghese Kurien Centre of Excellence organized a National Workshop on Water Management in Dairy Industry in IRMA on 28 January 2023. Prof. Umakant Dash, the Director of IRMA gave the welcome speech and felicitated the guests. He appreciated VKCoE’s efforts in organizing the MDPs on ‘Smart Dairy Farming’ and ‘Reducing Carbon footprint in Dairy Plants […]
R S Sodhi wants to take up advisory roles in dairy industry
RS Sodhi was heading India’s leading dairy cooperative GCMMF, which markets its products under Amul brand Sales of Gujarat Cooperative Milk Marketing Federation (GCMMF), known for the Amul brand, grew by at least five times during the tenure of R S Sodhi as Managing Director, which ended this week. Sodhi told Moneycontrol that he now wants to […]
Cheese sales drive U.S. dairy consumption growth
Total domestic consumption of milk in all products returned to positive annual growth during the third quarter, for the first time since early this year. Strengthened use of all cheese was a key driver of this positive development. Meanwhile, U.S. dairy export volumes backed off a bit during the third quarter from their record pace […]
Rating agency ICRA says dairy industry reeling under high input cost
Rising price of milk procurement and higher operating costs keep dairy industry under pressure even as companies attempt to hike retail prices to combat margin pressures. While the revenue of the top six diary companies is expected to grow 12-14 per cent this fiscal, backed by strong demand revival and increase in retail prices, operating […]
Synthetic milk made without cows? Could radically disrupt the dairy
The global dairy industry is changing. Among the disruptions is competition from food alternatives not produced using animals – including potential challenges posed by synthetic milk. Synthetic milk does not require cows or other animals. It can have the same biochemical make up as animal milk, but is grown using an emerging biotechnology technique know as “precision […]
The dairy industry helps farmers by creating employment
Milk is the biggest agricultural commodity in India. It contributes 5% to the national economy and directly employs 80 million dairy farmers. Improvement in economic activity, increase in per capita consumption of milk and milk products, change in dietary preferences, and increasing urbanization in India has led the dairy industry to grow by 9-11% in […]