Indian dairy market to jump over 2-fold to Rs 30 lakh cr by 2027

The size of the Indian dairy market is estimated to jump over two fold to Rs 30 lakh crore by 2027, driven by growth in both volume and value terms, NDDB Chairman Meenesh Shah said on Tuesday.He also asserted that the government is not ”insensitive” and it will protect the interest of 8 crore dairy farmers while signing free trade agreements (FTAs) with other countries.Shah said the size of Indian dairy market stood at Rs 13 trillion in 2021 and it is expected to reach Rs 30 trillion by 2027.The growth would come from increase in production of milk and other dairy products as well as value appreciation, he added.Shah, the chairman of National Dairy Development Board (NDDB), was addressing a press conference at the International Dairy Federation World Dairy Summit (IDF WDS) 2022, being organised at the India Expo Centre and Mart here during September 12-15.