THANKS TO THE three-phased implementation of 'Operation Flood' between 1970 and 1996, India is the world's largest producer of milk, having surpassed the United States in 1998. Milk production has witnessed an annual growth of around 5.5%, with output in 2020-21 at an estimated 208 million tonne. According to National Dairy Development Board estimates, 52% of milk produced in India is considered a 'marketable surplus', and 22-23% is handled by organised dairies such as cooperatives and private players, with the share of organised players increasing steadily because of rising preference for quality milk and other dairy products.
This story is from the May 02, 2022 edition of Financial Express Mumbai.
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This story is from the May 02, 2022 edition of Financial Express Mumbai.
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