India is the largest milk producer. India is ranked 1st in milk production contributing 23 percent of global milk production. Milk production in the country has grown at a compound annual growth rate of about 6.2 per cent to reach 209.96 mn tonnes in 2020-21 from 146.31 mn tonnes in 2014-15.
As per a study on the demand for milk conducted by the National Dairy Development Board (NDDB), the estimated demand for 2030 at an All India level is 266.5 million metric tonnes for milk and milk products. The rural sector has an estimated share of 57 per cent in the total consumption. The per capita consumption in the urban areas (592 ml) remains higher than the rural areas (404 ml) even in the 2030 projections.
The Government of India in association with the Department of Animal Husbandry and Dairying in June 2020 announced a $ 2.1 Bn infrastructure development fund with an interest subsidy scheme to promote investment by private players and MSMEs in dairy, meat processing and animal feed plants which in return are expected to create 3.5 million jobs.
The Ministry of Food Processing Industries (MoFPI) has issued detailed operational scheme guidelines and has launched an online portal for ‘Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) with an outlay of $ 1.4 Bn to support the creation of global food manufacturing champions commensurate with India’s natural resource endowment and support Indian brands of food products in the international markets.
This data story aims to highlight the milk production of India.
Verifying, please be patient.