Inda's industry, exports continue to grow

Dairy Foods, Oct, 2004

Export prospects for the $3.16 billion Indian dairy industry have brightened with increasing demand for buffalo milk, fast evolving global market for milk-based sweets and recent reduction in dairy subsidies by the European Union. but adhering to international quality norms would be critical.

So far, India's share in global trade of dairy commodities has been negligible although it is one of the world's largest milk producers, producing almost 14% of the total. But experts feel in the changing scenario, the country has an excellent opportunity to makes its presence felt abroad.

COPYRIGHT 2004 BNP Media
COPYRIGHT 2008 Gale, Cengage Learning

 

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