Assam CM appeals farmers to look for SE Asian markets
The Dollar Business Bureau Chief Minister of Assam, Sarbananda Sonowal, on Monday appealed to the farmers of the state to look for markets in South East Asian nations for dairy products and prodded the farmers to take up dairy farming to begin a milk revolution in Assam. “Considering the Assam’s geographical advantage, the state has the capability to grow in the dairy products sector and can utilise the dairy market in the countries of South-East Asia,” the Chief Minister said while addressing dairy farmers on 'Celebration of Purabi Milk Day' in Guwahati.Sonowal cited the example of Amul, which has already set up a market for its products in the regions like Middle East, South East Asia and Australia.He mentioned that Amul has generated a revenue of ...
Need for caution on FTAs with dairy surplus countries
Sisir Pradhan Amul MD R. S. Sodhi in an exclusive interview with The Dollar Business cautions India on non-inclusion of dairy products in trade agreements, India’s milk production and how other food sectors can borrow a leaf from the Amul model. The Dollar Business (TDB): What is your observation on the global trend in the milk sector in the last couple of years and in the domestic market? RSS: World milk production is growing slightly less than 2% but India’s milk production is growing at 4.5%. Another major trend is that the world over prices being paid to milk farmers is on a decline. In India too, milk farmers in Maharashtra, Rajasthan, Uttar Pradesh and Haryana are getting 20-30% lower price when compared ...
Next fiscal likely to open up new export markets for Dairy Industry
Jayarama Emani | The Dollar Business “The global dairy market is in turmoil. One of the reasons for this turmoil is the new strategy adopted by China lately,” said India Ratings & Research (Ind-Ra), a credit rating agency. In its latest report on Indian Dairy Industry released on March 19, 2015, Ind-Ra said that China instead of importing milk and milk items is increasingly meeting its dairy demand by buying up diary assets in New Zealand. This is similar to the strategy China adopted earlier with respect to sourcing of natural resources to meet its domestic demand. India’s dairy exports haven’t performed well during the first eight months of FY15 due to a drop in international prices backed by lacklustre international demand, rising domestic ...
Russia to increase imports of vegetables, meat and dairy products from India soon
The Dollar Business Bureau | @TheDollarBiz Russia is expected to increase imports of fruits, vegetables, meat and dairy products from India starting December 2014 under an agreement reached between Russia’s phytosanitary watchdog Rosselkhoznadzor and India’s Agricultural and Processed Food Products Export Development Authority (APEDA) this week. According to official sources in Russia, Sergey Dankvert, Head of the Rosselkhoznadzor, and Santosh Kumar Sarangi, Chairman, APEDA, have agreed to complete the quarantine and other certifications in two months, which will allow exports of Indian food products to Russia by December 2014. Meeting between officials of APEDA and Rosselkhoznadzor in Russia in September 2014 (Source - Rosselkhoznadzor) Russian veterinary experts are expected to arrive next month and may stay in India to control the production ...
Global Dairy Trade invites Indian dairy companies to participate in auctions
The Dollar Business Bureau | @TheDollarBiz Online global platform for trading dairy commodity ingredients, GlobalDairyTrade (GDT), has invited Indian dairy companies to participate in its auctions. Dairy commodities traded on GDT include skim, sweet whey and whole milk powders, anhydrous milk fat, butter and butter milk powder, cheese, lactose and casein products. US-based Charles River Associates (CRA) established the GDT in 2008 for the New Zealand-based cooperative Fonterra which is the world’s largest dairy exporter. Since then, the platform has grown significantly with annual sales reaching one million tonnes in the year ending April 2014 with skim milk powder sales growing almost 45% over the last two years. CRA conducts two auctions in a month, and each trading event ...
