May 24, 2018
India's CLFMA gives insights on trends impacting global livestock industry
At the recent Feed Additives Event 2018 in Mumbai, India, new innovations and ideas on improving efficiency, sustainability and social acceptance on the contributions of the livestock sector in food, health and nutrition, livelihoods, and economic growth were discussed.
Opportunities and challenges for the animal protein sector were also dealt with during the event.
Raghavan Sampathkumar, executive director of CLFMA of India, represented the Indian livestock industry at Feed Additives Event and put forth the country's opinions about the current landscape and the future of the animal protein industry.
According to Sampathkumar, India's age old culinary traditions are unique and the country now has the opportunity to leverage this diversity. This represents a huge investment opportunity for multinational companies, if they understand India's diversity well and the fact that there is no need to compromise on taste or health.
Additionally, the per capita income of Indians had grown by 9.7% in 2016-17. The animal feed industry also contributes a major portion to the overall GDP of India.
Sampathkumar noted that Feed Additives Event 2018 helped facilitate the incubation of new ideas and turn them into practical initiatives on the ground which is vital to the prosperity of the livestock industry.
"Most influencers have demonstrated the ability to turn ideas into sustainable solution. This event was a great opportunity for the stakeholders to show what they do and we would like to highlight that today, CLFMA is continuously exploring solutions for the century's greatest challenges such as malnutrition, safe and quality food production, and environmental sustainability," Sampathkumar said.