Performance of dairy processing firms in India- An empirical analysis across size and experience categories
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Authors
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Asha Devi S S
Division of Agricultural Economics, ICAR-IARI,New Delhi
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B S Chandel
Division of Dairy Economics, Statistics and Management, ICAR-National Dairy Research Institute, Karnal - 132 001, Haryana, India
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Ravinder Malhothra
Division of Dairy Economics, Statistics and Management, ICAR-National Dairy Research Institute, Karnal - 132 001, Haryana
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A K Dixit
Division of Dairy Economics, Statistics and Management, ICAR-National Dairy Research Institute, Karnal - 132 001, Haryana
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Denny Franco
Water Technology Centre, ICAR-Indian Agricultural Research Institute, New Delhi
Keywords:
Capital Intensity, Dairy Industry, Labor Productivity, Profitability, SizeAbstract
The Indian dairy processing sector is characterized by the co-existence of both organized and un-organised sectors while the latter dominates. For the progressive development of the dairy processing industry, the participation of the organized sector needs to be encouraged. To make this industry attractive for making investment, its productivity, efficiency, and profitability may be comparatively high. Keeping these facts in view, this study investigated the profitability of the organized dairy processing sector in India using firm-level secondary data for the period, 1991-2017. Comparative performance analysis was done across different categories of firms according to size and experience. There was a significant increase in profit margin over the period, while it varies significantly across different size categories of firms but not across firms having different years of experience.
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