Amid a major job crisis in India, the dairy sector can give a significant fillip to the employment generation in the country. The dairy sector would alone create 1.2 crore new jobs over the next 10 years, said R S Sodhi, Managing Director, Gujarat Co-operative Milk Marketing Federation Limited (Amul). R S Sodhi added that India produces 21 per cent of the milk in the world and India’s milk market was growing at 5 per cent, compared to the 1.8 per cent growth in the global milk market. He further said that Amul had not invested overseas because the market and the growth, both are in India.
Indicating opportunities for investors in the entire value chain, from animal breeding and feeding to logistics and packaging, the Anul MD highlighted that the organised dairy sector in India was set to grow from $30 billion to $110 bn over the next decade. Speaking at an online dialogue organized by All India Management Association (AIMA), he also said that while India could not be the food provider to the world, it could certainly be dairy products provider to the world.
Source: Financial Express
