Abstract
The dairy sector has been considered as one of the major contributors to India’s GDP. Looking at the productionrate globally, India has achieved the no. 1 position in production of milk with 23%production, followed by theUnited States of America, China, Pakistan, and Brazil. Dairying has been considered the basic source of incomefor millions of rural populations in India, which contributes to the country’s economy. In this particular study, theauthors have discussed about the role of emerging technologies in marketing of milk through Dairy CooperativeSocieties (DCS). DCS has streamlined the process and made it easy for farmers to supply their milk to DCS atvillage level, which in later stage reaches the milk processing units and comes back to customers through outletsas consumable goods. This chain link will help farmers in getting fair, remunerative prices for their produce withthe help of online monetary transactions. Online applications have been developed by DCS in order to make easyaccess for farmers regarding all the information related to their supply quantity and their earnings. The authorshave also incorporated SWOC analysis in understanding the strengths, weaknesses, opportunities, and challengesinvolved in the marketing of dairy products through cooperative societies. The authors have also discussed aboutthe traditional and post-COVID-19 modernized ways of marketing of milk. The authors in the paper have developeda conceptual model that discusses about the supply of milk from first-point farmers through middle-level players(DCS) who transform raw milk into finished goods and supply it to the final consumer with the help of retail outletsthat exist in the city. In this study, the authors have provided a few suggestive measures that help DCS in makingtheir business more successful.
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More From: BOHR International Journal of Finance and Market Research
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