Robust demand to whip up dairy revenue by 14-16%-Crisil
Strong demand for value-added products and stable milk consumption will lead to a 14-16% revenue growth for India’s organised dairy industry this fiscal. With raw milk supply improving, there will be fewer price hikes and profitability will recover 20-50 basis points, said rating agency Crisil . Last fiscal, disruptions in raw milk supply had led to […]
Dairy sector : Show me the money
It is an interesting time for the dairy industry globally. India is the world’s largest producer of milk in the world. Milk acts as an insurance policy for the farmer’s cash flow in India . It not only contributes almost one third of total value added by agriculture but 5% to Indian GDP also. It […]