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COMPOSITION AND DIRECTION OF INDIA'S DAIRY EXPORT

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  OVERVIEW: India stands first in milk production with share of ~19 % in world (2018). CAGR of dairy industry of India is expected to be ~14.8% between FY 2018 and FY 2023.    It can be said that milk is the largest crop in India in terms of value at 10,527bn INR because of its total value is more than paddy and wheat   put together and is supposed to reach 18,599bn INR till 2023. Dairy sector accounts for 26% to total agriculture GDP. India’s dairy export was 51421.85MT to the world and had foreign exchange value of   1341.03 Crore or186.71 USD Millions in 2019-2020. According to APEDA, India ranks 36 in world dairy exporting countries and export to 62 countries , among these major export destinations are UAE, Bhutan, Turkey, Egypt and USA. Dairy products exported by India are Skim Milk Powder (SMP), butter, Whole Milk Powder ( WMP), Casein, cheese and Ghee. Among these SMP saw the largest growth at 292 %.       COMPOSITION OF INDIA’S DAIRY EXPORT: Bri