Export Potential Of India In Livestock Sector: Future Prospects And Some Issues
India is known for its livestock wealth and ranks high among the nations having bovine population. However, despite having huge livestock population, India stands insignificant in the world trade of livestock products. The recent concerted efforts made by the government in the era of liberalization after opening up of the national economy to the international market have certainly boosted India’s export trade of livestock products to newer heights. The dairy industry of India is already at a take-off stage and the entry of the corporate sector following the liberalized policies of government is bound to complement the efforts of National Dairy Development Board (NDDB) to usher in a white revolution. The most important achievement of the dairy industry is the near-self sufficiency in milk production. Nonetheless, the possibility of India emerging as a potential exporter of various livestock products will largely depend on India’s own ability to exploit her potential in this sector and generate exportable surplus of these commodities, aside her competitive strength in the world market.
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