CII Agro & Food Tech 2020: “Dairy Sector in India is growing at CAGR of 6.5%” 

New Delhi: “The Indian Dairy Sector is growing at a CAGR of 6.5%,” said Ms. Varsha Joshi, Joint Secretary – Department of Fisheries, Animal Husbandry & Dairying, Government of India, at the Conference on Technological Developments in Indian Dairy Industry organized today under CII Agro & Food Tech 2020 over the virtual platform.

In her inaugural address, Ms. Joshi, emphasized that though the dairy sector in India is registering a good growth rate it requires more coordinated efforts by the Government and private sector for improving value addition in the sector thereby leading to increasing the farmers’ income. Ms. Joshi further requested the industry & Start-ups to invest in technologies for IVF, sexed semen, genomic chip & IT solutions for traceability to create an ideal dairy ecosystem in the country.

Speaking on the occasion, H.E. Mr. Andrew Ayre, Deputy High Commissioner, British Deputy High Commission highlighted the importance of innovations in agri & livestock ecosystems for global food security. He iterated the United Kingdom’s support to assist India with long term solutions in the agri & animal welfare.

Mr. Nikhil Sawhney, Chairman, CII Northern Region & Vice Chairman and MD, Triveni Turbine Ltd remarked that the dairy value chain is unique as there is only one input raw material and the entire chain is geared to preserve, value add, and distribute.

In his address, Dr. A K Srivastava, Member Agricultural Scientists Recruitment Board opined that the industry must commit to investing significantly more in R&D to diagnose early pregnancy & identify animal’s genetic efficiency.

Speaking on the occasion, Mr. Rajiv Mitra, Chairman, Dairy Mart & CEO, Prabhat Dairy Pvt Ltd underlined the importance of transferring technology from the lab to fields for meeting rising dairy product demand and achieving greater economic returns to dairy farmers.

In his address, Mr. Jai Agarwal, Co-Chairman Regional Committee on Food Processing, Agriculture and Dairy, and MD, C P Milk & Food Products Pvt Ltd. remarked that the Indian dairy industry has proved to be more resilient than many other sectors in terms of the extent of supply chain disruptions.

The daylong conference was attended by over 450 participants and who’s who of the dairy sector including senior officials from Zydus Animal Health & Investments Ltd, DeLaval Pvt Ltd, Ajooni Biotech, MSD Animal Health India, Arctic Refrigeration Pvt Ltd, Nestle India, TCI Group and Parag Milk Foods Pvt Ltd amongst others addressed the delegates.

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