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The incentives announced in the Union budget 2023-24 for the cooperative sector are expected to boost dairy processing industry in the country, said ratings agency ICRA. Finance Minister Nirmala Sitharaman…
Rising price of milk procurement and higher operating costs keep dairy industry under pressure even as companies attempt to hike retail prices to combat margin pressures. While the revenue of…
ICRA maintains a stable outlook for the long-term and projects that industry-wide demand for the Indian dairy sector will increase by 9–11 percent in FY2022 and 7-10 percent CAGR over…
The dairy industry is expected to grow by 9-11 per cent in 2021-22, driven by a revival in economic activities, increasing per capita consumption of milk and milk products, changing…
Even as institutional sales for dairy products have been impacted due to COVID-19 related disruptions, liquid milk sales are expected to grow by 4-5 per cent in 2020-21, while those…
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