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India frees up SMP imports

This article was originally published in Foodnews

INDIA's government has increased the quota for import of skimmed and whole milk powder by 20 000 tonnes to 50 000 tonnes to boost domestic supply. Food inflation is now running at over 8% in India, and milk is one of the commodities that has increased sharply in price: up by 25-30% since last year. Recently, India's National Dairy Development Board warned of a looming shortage of milk powder in the country (FOODNEWS 29 July) . India produces about 112 million tonnes of milk annually, and domestic demand is at about the same figure. Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns the Amul brand, has announced price rises of one or two rupees per litre.

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