date:Aug 20, 2015
ionals. On the back of a rise in disposable income and strong demand for dairy products, the Indian dairy industry is all set to experience high growth rates in the next 5-6 years. While the dairy industry is growing at a compounded annual growth rate (CAGR) of 15-17%, the value-added products alone are growing way beyond 24%, it said.
Milk is the country's biggest agricultural produce, contributing 22% to agricultural GDP. Growth in financials of existing domestic players, diversification into