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Dairy Industry in India - UJA Market Report

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 India is the world’s largest milk producer 24% contribution to global milk production India’s milk processing capacity is 126 million liters per day For a decade, the country’s milk industry has been growing at a CAGR of 5.8% Milk production in India registered more than 50% increase during the last ten years Globally, India exported 67,572 million tons of dairy products during the year 2022–2023 80 million people are employed in the dairy sector The industry contributes 5% to the national economy Per capita availability of milk is 459 grams per day Overview: Dairy Sector in India The top 5 milk producing States are Uttar Pradesh, Rajasthan, Madhya Pradesh, Gujarat, and Andhra Pradesh. They together contribute around 53% of total milk production in the country. The average yield per animal per day for exotic/crossbred is 8.55 Kg/day/Animal and for indigenous/non-descript is 3.44 Kg/day/Animal. Milk production from exotic/crossbred catt...

Automotive Sector In India

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  The world’s largest two-wheeler manufacturer Third largest heavy truck manufacturer World’s largest manufacturer of tractors World’s second-largest bus manufacturer and fourth-largest manufacturer of cars Seventh largest in commercial vehicle manufacturing Automobile sector contributes 49% to India’s manufacturing GDP India exported ~ 4.8 million automobiles in 2022–23 Indian Government targets 30% of vehicles on the road should be electric by 2030 A total of 3.7 Mn electric vehicles are already registered in India Recent and planned developments in the Indian Automobile Sector. According to  IBEF , In November 2023, Tata Motors inaugurated its state-of-the-art registered vehicle scrapping facility in Chandigarh. In June 2023, Hero MotoCorp revealed plans to invest up to Rs. 1,500 crore in developing premium bikes and EVs in India. In May 2023, Maruti Suzuki India revealed plans to invest over Rs. 40,000 crore to double capacity by 2030. In March 2023, the Central government...