Released on = April 24, 2006, 10:04 pm

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/IM032.html) India has a huge livestock
population and ranks high in world trade of livestock products. Dairy production
accounts for 70% of the livestock produce. The growing demand opens up avenues for
Indian farmers' incomes.

Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/IM032.html) India holds a significant
position in bovine population among the nations of the world. However, although
India has an appreciable livestock wealth, she ranks very low in the international
trade of livestock products.

Within the recent and concerted efforts made by the government to liberalize and
open up the domestic economy to the world market, India's export trade of livestock
products obtained newer heights.

The just started dairy industry in India accompanied with the introduction of
corporate sector again, due to the liberalized policies of the government, boosts
the functioning of the National Dairy Development Board to establish a white
revolution.

If India is capable of exploiting her potential up to the mark in the livestock
sector she can become one of the leading exporter of livestock products and generate
surplus of these commodities. She would also rank as a competitive member in the
world market.

In the FY'04 the total production of milk and dairy products was worth Rs1600
billion and the traditional dairy products accounted for Rs990 billion. While the
organized sector's share was about Rs230 billion the unorganized sector accounts for
more than 50% of all milk and dairy products. The co-operative sector has an
installed capacity of 60%.

After conducting an intensive profiling of the livestock industry in India, RNCOS in
its recently published market research report named "Indian Livestock Industry - An
Industry Analysis" says that the dairy production accounts for about 70% of the
total livestock produce. The report also predicts a triple rise in the demand for
livestock products in developing countries in the next two decades. This would open
opportunities to farmers to increase their incomes.

On the basis of surveys in all the 29 states and 6 union territories of the country
the report announces that Rajasthan, Jammu & Kashmir, Uttar Pradesh, Gujarat and the
north eastern states are regions with maximum livestock population.

The report analyzes the opportunities and challenges facing this industry, a key one
being disaggregated and unorganized form of activity in the livestock industry. It
includes an extensively conducted study of various government organizations
targeting development and support of the Indian livestock industry.

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