 "Demonetisation effect: Spending on milk and milk products fell in 2017-18")
After hitting a nadir in 2020-21, the country’s organised dairy sector is set to bounce back in the current fiscal. In 2021-22, organised businesses are projected to grow by 5-6 per cent, to cross Rs 1.5 trillion in sectoral revenue for the first time, ratings firm Crisil estimated.
While in the past decade, growth of organised dairy in India has been steady, last fiscal the pandemic induced lockdowns hit it badly. In 2020-21, the sector grew by a meagre one per cent–lowest in a decade. However, with supply chain and delivery mechanisms better streamlined this year, it is set to
