The Indian dairy market is among the largest and fastest-growing globally. It was valued at USD 135.30 billion in 2024 and is projected to reach USD 274.09 billion by 2032, growing at a CAGR of 9.33%.
• Merchandise exports in March 2024 were USD 41.68 Billion, as compared to USD 41.96 Billion in
March 2023.
• Merchandise imports in March 2024 were USD 57.28 Billion, as compared to USD 60.92 Billion i
March 2023
India is the second-largest exporter of tea in the world, after China. India's tea exports are mostly black tea, which accounts for about 96% of the total.