Indian cattle and goat grazers take their livestock for grazing in paddy fields.

Livestock plays an important role in the socio- economic life of India. It is a rich source of high quality foods such as milk, meat and eggs and a source for income and employment to millions of rural farmers, particularly women. With a large human population and about 250 million economically strong potential consumers, the domestic demand for these food products are increasing rapidly, the demand often exceeding the supply.

India has developed a strong and professionally competent technical, marketing and business manpower in Livestock production. Comparatively low-cost skilled manpower in India is a great asset that is attracting foreign investors.

With a steady and sound financial policy, India has maintained a check on inflation and shown good stability in the economy. The country is on the path of liberalization in the economy and encouragement for foreign investments particularly in the field of technology upgradation, improvement in quality of products, value addition for increasing exports. The foreign exchange reserves have grown significantly to about 65 billion US$ and soon likely to touch a figure of 100 US$ billion.

Source : http://www.fao.org

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