India to allocate USD 390 million to develop dairy industry

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India plans to spend INR 17.6 billion (USD 390 million) to develop its dairy industry for the National Dairy Development Board during its 12th five-year plan.

The project aims to increase milk production using improved breeds and modern feeding practices covering 2.7 million  milk cows in 40,000 villages across the country.

It will also focus on modernising village-level infrastructure for milk collection and bulking such as milk cans, bulk milk coolers for a cluster of villages, associated weighing and testing equipment and related IT equipment.

The board predicts that demand for milk in India would increase to 150 million tonnes by 2016-17 and 200-210 million tonnes by 2021-22.

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