Industry News

Baba Ramdev to Set up Mega Food Park in Rajasthan

Patanjali Group is planning to set up Mega food park in Rajasthan.

India: Yoga guru Ramdev has announced its plans to set up mega food park in Rajasthan and Patanjali group, which is entering into spices and dairy segments will buy farm produce products from the state. Patanjali is entering into the milk industry and Rajasthan would be a part of its journey. Patanjali is planning to come up with large scale in spices, will purchase them from Rajasthan and process. Besides spices company will sell cow milk also. The company will start buying milk from the state from next year.

Further, the farm will grow gooseberry, aloe vera, ashwagandha, giloy, pearl and millet. Rajasthan is also transforming its agricultural landscape and is actively promoting global best practices and adopt innovations such as use of drones for effective input management, digital soil mapping, natural farming with zero budget or technology enabled traceability systems and employing innovative cultivation methods.

According to TechSci Research, with increase in population in India the demand for the milk and dairy products is increasing which is pushing the dairies to expand their milk operations in order to meet the demands. Companies are opening such factories which are equipped with modern facilities so that they can offer value added products to the consumers. The companies in order to maximize the profits should offer its dairy products to the newer markets and regions.

According to a report published by TechSci Research, India Dairy Products Market, Forecast and Opportunities, 2011 – 2021”, the market for dairy products in India is projected to grow at a CAGR of over 7% during 2016 - 2021. In 2015, North India dominated the country’s dairy products market, on account of increasing per capita expenditure, rising youth population, introduction of value added dairy products, changing consumption patterns, and growing penetration of international players. India dairy products market is witnessing a shift towards healthier products such as probiotic drinks, yogurts, etc. Few of the leading players operating in India dairy products market include Gujarat Cooperative Milk Marketing Federation Ltd., National Dairy Development Board, Karnataka Cooperative Milk Producers Federation Ltd., and Tamil Nadu Co-operative Milk Producers' Federation Limited, among others.


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