Exports or imports?

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In the January-February issue of PSA, we estimated milk production in India to touch 139 million tonnes by 2015-16. Moreover, in March 2011, the government informed parliament that it is targeting a 3% increase in milk production to 116.2 million tonnes this financial year in order to match growing demand. A report published by USDA (United States Dairy Association) said, “India’s milk production in 2010 is estimated at 117 million tonnes and is forecast to increase approximately 4% to a record 121.5 million tonnes in 2011, reflecting a near normal monsoon.” ...cont´d

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