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Vol. 12, Special Issue 7 (2023)

Envisioning entrepreneurial scope in the dairy sector through macroeconomic analysis

Author(s):
Dr. V Hemanth, Dr. S Swetha Kanthi and Dr. D Indira
Abstract:
The export of dairy products recorded a growth of 19.45% ($471 Mn in FY 2022-23). According to Statista 2022 published report, the market size of packed dairy products is 968 Mill INR. Huge Market potential can be seen in the dairy sector for Entrepreneurial ventures and experimenting with PPP models even in Small scale farmers. The present study suggests that the return on investment is assured no matter whether the farm is organized or unorganized, Mechanization and Higher herd size holding resulted in better utilization of resources. ROI on Investment was found to be 1.45 across groups on average and B.C Ratio was high in small farm size holdings. Inputs were utilized better and converted into outputs to lucrative margins.
Pages: 2769-2772  |  246 Views  136 Downloads
How to cite this article:
Dr. V Hemanth, Dr. S Swetha Kanthi and Dr. D Indira. Envisioning entrepreneurial scope in the dairy sector through macroeconomic analysis. The Pharma Innovation Journal. 2023; 12(7S): 2769-2772.

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