The dairy sector is an essential component of India’s agriculture industry and a significant contributor to its economy. The sector provides employment opportunities to millions of people and contributes significantly to the country’s food security. However, despite its significance, the sector faces several challenges, including low productivity, inadequate infrastructure, and insufficient investments. To address these challenges and promote investments in the sector, the Centre’s Department of Animal Husbandry and Dairying (DAHD) has established the Dairy Investment Accelerator.
Promoting and Facilitating Investments in India’s Dairy Sector
The Dairy Investment Accelerator’s primary objective is to promote and facilitate investments in India’s dairy sector. The accelerator will provide specific inputs to potential investors for evaluating investment opportunities in the sector. It will also answer queries related to government schemes and connect investors with strategic partners.
On-Ground Assistance to State Departments and Other Authorities
The Dairy Investment Accelerator will provide on-ground assistance to state departments and other authorities to facilitate investments in the dairy sector. It will collaborate with these departments and authorities to identify investment opportunities and provide necessary support to investors.
Collaborating with DAHD to Organize Events
The Dairy Investment Accelerator will collaborate with the DAHD to organize events at the domestic and international levels. These events will enable direct interactions between government officials and investors, facilitating investments in the dairy sector. The accelerator will create awareness about the Animal Husbandry Infrastructure Development Fund, which is a government scheme to support investments in the dairy sector.
Boosting Investments in India’s Dairy Sector
The Dairy Investment Accelerator will significantly boost investments in India’s dairy sector. The accelerator will create a conducive environment for investments in the sector by providing specific inputs to investors, answering queries related to government schemes, and connecting investors with strategic partners. The accelerator’s collaboration with state departments and other authorities will also provide on-ground support to investors, making investments in the sector more accessible.
Creating Employment Opportunities and Contributing to Food Security
The Dairy Investment Accelerator’s efforts to boost investments in India’s dairy sector will create employment opportunities and contribute to the country’s food security. The dairy sector is a significant employer, and increased investments will create more job opportunities in the sector. Additionally, the sector’s growth will contribute to the country’s food security by increasing milk production and reducing the country’s dependence on imports.