date:Feb 29, 2016
e global oversupply story because, like China, Indias growing domestic production has displaced imports.
For instance, according to GITS data compiled by theDaily Dairy Report, India imported 71.5 million pounds of skim milk powder (SMP) in 2011. By comparison, during the first 11 months of last year, India imported just 465,481 pounds of SMP. That said, Indias imports tend to fluctuate from year to year.
Milk production is gushing in India, says Sharp. Production of cow and buffalo milk in th