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"SWOT" analysis of Indian Dairy
Industry.
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| STRENGTHS |
-
Burgeoning population boost the demand
for milk and milk products by default.
-
Milk and milk products are
part of Indian culture and it is unlike any other economy .
-
Socio cultural deviation
towards Vegetarianism way of life offers milk product as
best available food.
-
Opening up of dairy product's imports will give way to
healthy competition and need for look alike
products should increase .
|
| WEAKNESS
|
-
Low
yield of animals eat away
major value as the milk collection becomes too
lengthy an exercise due to fragmentation.
-
Middleman
culture at milk procurement
can anytime attack back and
disturb any existing procurement system
by impairing the quality .
-
Lack of refrigerated chains make
market development
an enormous cost oriented job.
-
A
right trade off between taste and
healthy aspect of Indian dairy products has not yet been established so
the products which we like the most are the one which our doctor
dislikes
the most.
|
| OPPORTUNITIES
|
-
Till date hardly anything is done
for the product line development in dairy industry.
-
Departmental store
culture may require the need for dairy shelves development .
-
Unsecured corporate environment
and system entropy leads to stress thereby making
consumers more health conscious thus need for special purpose dietary food
and low cal foods is becoming
inevitable.
-
Indigenous technology in
packaging machines and materials has made the differentiation done
through packaging an easy and cost effective task.
-
Hoarding of essential products including
dairy products for a week or so due to DINK (Double Income No
Kids) culture promises a good future
for long life dairy products
|
| THREATS |
-
Foreign players may follow their products by
setting up manufacturing units in India.
-
If taken the raw milk route then fixed cost
exclusion for around
a decade is a must in Order to get the bottom-line black .
-
The window space
in the market is becoming expensive day by day due to retailing boom .
-
Dairy being a part of fragmented industry
requires
a huge investment to break this barrier of being fragmented
either in processing
technology or in the specialized logistics and warehousing.
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