Commenting on rise of country’s dairy sector compared to other countries RS Sodhi, MD of Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) said that milk production in India is twice that of global milk production rate, reports Financial Express.
Sodhi was representing India at the annual session of the International Dairy Federation’s World Dairy Summit in South Korea.
“India’s decadal milk production growth, pegged at 4.8% CAGR, is twice that of global milk production, which is growing at 1.8% CAGR. In the past five years, this has improved even more to 5.4% CAGR,” said the MD of GCCMF which owns popular brand Amul.
It bears recall that Amul was adjudged the second top cooperative in food and beverage category by the Co-op Monitor published by international apex body of cooperatives ICA.