Milk production in India may reach 300 million tonnes by 2030
The estimated size of Indian dairy market was about ₹13 lakh crore in 2021 and is expected to reach about ₹31 lakh crore by 2027
The estimated size of Indian dairy market was about ₹13 lakh crore in 2021 and is expected to reach about ₹31 lakh crore by 2027
The reason for the current milk shortfall is because of the first two waves of the COVID-19 pandemic in 2020-2021.
India has done a commendable job as compared to other member countries with the highest GDP growth and lowest inflation. However, fear of an impending recession is still lurking.
New-age dairy firms are promising the discerning Indian consumer not just high-quality milk, but also an array of value-added products. But can they outsmart India’s famed milk cooperatives?
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