The market of dairy companies in India
If we look into Indian culture as well as anthropology, milk, and other related dairy products have always been an important part of the diet of Indians. Today with increased awareness towards health and nutrition, milk has become a necessary product for daily consumption. Besides, the development of a wide variety of dairy products have made milk and related derivatives a widely distributed consumer product. Undoubtedly, the market for dairy products is huge today in India and highly lucrative for harnessing. This is exactly the reason why an increasing number of dairy farms are coming up, all over the country. The dairy industry has become a major employer in rural India. The perks of establishing a dairy farm in India are as follows:
- Huge market scope
Cow farming as an industry is witnessing tremendous growth in the country. The markets are expanding and the consumption rate as well as volume of individual customer points is increasing. With a developed market, the dairy business in india is going to get better and better.
- Strong distribution channels
Today, the distribution channels are being streamlined and dairy companies in India are finding it very easy to reach out to the market. Government has undertaken several projects which have been successful in establishing cooperatives which help in clubbing dairy farmers for effective distribution channelling.
- Focus on innovation
High rate of innovation in the fields of animal breeding, animal health care and enhanced milk yield and quality is motivating the dairy industry to grow. The government of India too is known for sponsoring research in agricultural institutes and central universities so that more and more application based knowledge gets accumulated regarding dairy farming which could be used to develop newer tools and methods for achieving better productivity.
- Government help
The government of India has announced financial assistance to the youth who seek to start a career in dairy farming. Financial assistance is being lent to all who seek to establish milk processing plants on their own. Loans are being provided at low interest rates. The government is also planning of putting discounts on the taxes of a dairy farm entrepreneur. Moreover, government has also established training centres to impart the requisite expertise to run a dairy farm successfully. These training centres train the interested youth how to take care of cattle and also teach them how to produce different varieties of milk derivatives.
Thus, we can see that dairy farming is gradually becoming an excellent career choice for the rural youth. The industry of dairy farming is largely unorganized and scattered all over the country today. However, on local domains, several good dairy companies have gained prominence due to their marketing and branding strategies. Marketing and branding by the companies is extremely important for enhancing the sales of milk products, as the unorganized sector of the industry still rule the market.