Indian dairy sector: the most competitive globally

Despite the rise in domestic prices, milk production in India remains the most competitive globally. According to experts, the Indian dairy sector will see strong growth and increased efficiency due to the entry of major players.

India’s milk production accounts for more than 15% of global output and 40% of Asia’s. It is growing at a rate of 4% per year, far exceeding the recent global average of 1–2%. Several corporate giants operate in the sector, including Reliance, Bharti, ITC, DCM, Coca-Cola, PepsiCo, and Yakult-Danone, drawn by production costs that are among the lowest in the world.

The value of the Indian dairy market is expected to double by 2011, reaching 80 billion euros. This growth presents a great opportunity for both multinational companies in the sector and for suppliers of production factors.

This is one of the many reasons to choose India as an export destination. Italian dairy and cheese products are highly appreciated in India, and the ever-growing affluent population is beginning to look favorably upon products from abroad.

Octagona has had a direct presence in India for almost 10 years, with three offices located in Pune, Bangalore, and New Delhi. If you would like to receive free advice on India, our expert consultants in internationalization, who are directly on the ground in India, are at your complete disposal. Click the button below and contact us: we will study the best solution together.

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Source: The Indian Express

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