Milk is the largest crop in India in terms of value—at `6.5 lakh crore, it’s more than the total value of paddy and wheat put together
RS Sodhi, the MD of the Rs 40,000 crore name Amul—exults, “India’s decadal milk production growth, pegged at 4.8% CAGR, is twice that of global milk production, which is growing at 1.8% CAGR. In the past five years, this has improved even more to 5.4% CAGR.”
the world’s largest milk producer—the country is emerging as a major exporter now, with production poised to outstrip domestic consumption soon.
over the next five years, “while the projected net additional volume that will be generated by all dairy-producing countries will be around 25 MMT per annum, India will add 32 MMT additional volume annually.
the dairy industry is expected to overtake the information technology sector as the largest employment generator. Over the next decade, the sector is expected to generate 2 crore jobs annually, asserts Sodhi.
11,000 people are gainfully employed in procurement, processing and packaging of 1 lakh litres of milk.
And a staggering 6 crore rural households in India depend on dairying for livelihood and income, more than 70% of which are small and marginal farmers and landless families.
Dairy sector: Indian economy’s milch cow financialexpress.com/opinion/dairy-…
do read this, and understand also why cows are so important
do read this, and understand also why cows are so important
