Prospects and Performance of Milk Production in India: An Analysis

Author(s)	SUGANTHI S, BIRUNDHA S, SUMATHI V
Country	India
Abstract	India is the world’s largest milk producer. Livestock has been playing a major role in the agro -based industries and dairy products are fully produced from the inputs of cattle. The livestock has contributed highest in the production of milk with 209.96 million tonnes in the year 2020 - 2021 and stands first in the world production when compared to their other yields like meat, eggs, wool, leather etc. Over 50% of the dairy industry's revenue comes from the liquid milk segment, where growth is expected to be consistent (6-7%). Additionally, this industry offers prospects for self-employment, notably to women and economically underprivileged populations. Continued investment, innovation, and support from all stakeholders will be vital in further enhancing the sector's productivity, sustainability, and contribution to the overall development of India's economy and rural livelihoods.
Keywords	Diary Industry, Inclusive Growth, Self-Employment, GDP
Field	Sociology > Economics
Published In	Volume 5, Issue 4, July-August 2023
Published On	2023-07-11
Cite This	Prospects and Performance of Milk Production in India: An Analysis - SUGANTHI S, BIRUNDHA S, SUMATHI V - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.3440
DOI	https://doi.org/10.36948/ijfmr.2023.v05i04.3440
Short DOI	https://doi.org/gsgnt6

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