Dairy is the main source of livelihood for about 58% of India’s population. The Indian food industry is poised for huge growth, increasing its contribution to the world food trade every year due to its immense potential for value addition, particularly within the food processing industry. The Indian food processing industry accounts for 32% of the country’s total food market, one of the largest industries in India, and is ranked fifth in terms of production, consumption, export, and expected growth.
It contributes around 8.80% and 8.39% of Gross Value Added (GVA) in Manufacturing and Agriculture respectively, 13% of India’s exports and 6% of total industrial investment. In 2018-19, the Government of India is targeting foodgrain production of 285.2 million tonnes. India is the second-largest fruit producer in the world. Production of horticulture crops is estimated at a record 314.7 million tonnes (mt) in 2018-19 as per third advance estimates. In FY2019 agriculture exports were US$ 38.54 billion. India is also the largest producer, consumer, and exporter of spices and spice products.
India has been the leading producer and consumer of dairy products worldwide since 1998 with a sustained growth. Dairy activities form an essential part of the rural Indian economy, serving as an important source of employment and income.
Nearly all of the dairy produce in India is consumed domestically, with the majority of it being sold as fluid milk. On account of this, the Indian dairy industry holds tremendous potential for value-addition and overall development. The dairy market in India had reached a value of INR 9,168 billion in 2018. Along with offering profitable business opportunities, the dairy industry in India serves as a tool of socio-economic development.
Keeping this in view, the Government of India has introduced various schemes and initiatives aimed at the development of the dairy sector. The private participation has also increased over the past few years. Both national and international players are entering the dairy industry attracted by the size and potential of the Indian market.
Media Today Group is among one of the India's Leading Agro Trade
Event Organiser and Publications House. Media Today Group is pioneer
in organizing specialised trade exhibitions on Food, Hospitality,
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Cold Chain Industry including food and commodities conferences,
workshops, etc. with the active support, and valued guidance from
different Ministries and Departments like Ministry of Agriculture and
Farmers Welfare (Govt. of India), Mission for Integrated Devolvement of
Horticulture (MIDH), NHB, Ministry of Food Processing Industries (Govt.
of India), APEDA, (Ministry of Commerce & Industry), National
Agricultural Cooperative Marketing Federation of India (NAFED), Coffee
Board, Tea Board, National Mission on Micro Irrigation, NCPAH, Food
Processing & Packaging Machinery Industry Association and all State
Since 1996, Media Today Group is backed by dedicated team of
professionals, technocrats and marketing experts with over a decade of
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