Thursday, December 3, 2009

Australia explores opportunities in Indian dairy market


Australia, which accounts for an estimated two per cent of the world's milk production, is looking at India to export its premium dairy products.

"In India we are exploring opportunities and bilateral ties available in the niche segment like specialty diary cheese, cultured dairy powders and other products that are not traditional," International Market Development Program, Victorian Department of Primary Industries Manager, Peter Myers told PTI.

The Australian delegation met several leading retail chains like Spencers, Reliance Fresh in the country to explore the opportunities in Indian retail space.

Victoria, which accounts for 80 per cent of Australia's dairy exports, is also interested in promoting the technical know-how to enhance domestic production, Myers said.

There are possibility of tie-ups for manufacturing Australian dairy products in India in 2-3 years time, he said.

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