Netafim

India is an agrarian country. Agriculture and other allied activities such as dairy farming, livestock farming, horticulture etc., contribute significantly to the Indian economy. It is the most significant source of livelihood for a major chunk of the Indian population, especially in the rural areas where almost 70% of the households depend upon agriculture as the primary source of income.

India has been the leading producer and consumer of dairy products worldwide since 1998, with sustained growth in the availability of milk and milk-related products. Dairy activities are an essential pillar of the rural Indian economy, forming a vital source of income and employment for a large Indian population. The dairy sector in India has become an essential tool for socio-economic development. The Indian dairy industry, therefore, holds tremendous potential for value-addition and overall growth.

Several organisations are faced with this choice multiple times during their lifetime. However, the need for financial support may come up rather frequently when you’re operating in the agriculture sector. Therefore, you need to set your financial sources straight and know your best option for getting the funds you need. You must understand and differentiate between term loans and working capital loans to make the right decision.

India has always been an agricultural country and dairy is not just a significant agri-business for Indians, but it also significantly contributes to its economy. The annual milk production in the country was an astonishing 198.4 million tonnes in 2019-20, making India the largest milk producer in the world.

India is an agrarian country. Agriculture and other allied activities such as dairy farming, livestock farming, horticulture etc., contribute significantly to the Indian economy. It is the most significant source of livelihood for a major chunk of the Indian population, especially in the rural areas where almost 70% of the households depend upon agriculture as the primary source of income.