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International Journal of Current Microbiology and Applied Sciences (IJCMAS)
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National Academy of Agricultural Sciences (NAAS)
NAAS Score: *5.38 (2020)
[Effective from January 1, 2020]
For more details click here

ICV 2018: 95.39
Index Copernicus ICI Journals Master List 2018 - IJCMAS--ICV 2018: 95.39
For more details click here

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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : editorijcmas@gmail.com / submit@ijcmas.com
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2020.9(8): 3671-3679
DOI: https://doi.org/10.20546/ijcmas.2020.908.424


Economics of Milk Products Manufacturing: A study on State Co-operative Dairy Plant of Balasore District Odisha, India
Mir Miraj Alli1, A. K. Chauhan1, Danny Franco2 and Shyam Prakash Singh3*
1Dairy Economics, Statistics and Management Division, ICAR-National Dairy Research Institute, Karnal-132001, Haryana, India
2Division of Agricultural Economics, Indian Agricultural Research Institute, Pusa- 110012, New Delhi, India
3Technology and Business Development Division, CSIR-Central Institute of Medicinal and Aromatic Plants, Lucknow-226015, Uttar Pradesh, India
*Corresponding author
Abstract:

The study conducted at Odisha State Co-operative Milk Producers Federation Ltd. (OMFED) dairy plant of Balasore district, handling capacity 50,000 LPD for the financial year March 2013-April 2014, revealed that among different products manufactured, Sweet Dahi turned out to be the most profitable product (40.55%) followed by Sweetened Flavoured Milk (28.7%) and Toned Milk (24.76%) whereas Paneer manufacturing turned out to be the lowest profitable (5.71%) proposition. There is a need to explore the possibility to increase the profits in Paneer manufacturing by increasing the price of the product or to adopt some suitable steps to use the residual whey for by-products such as whey based beverages, whey powder and in the pharmaceutical industry to bring down the cost. The share of packaging cost of Sweet Dahi was observed higher (28%) followed by Sweetened Flavoured Milk (22%) and Rabidi (13%). The packaging cost of these products seems higher so the management of the plant may look into and search for alternative technologies.  Among different products manufactured, Paneer manufacturing turned out to be the lowest profitable. The share of packaging cost of Sweet Dahi was observed higher followed by Sweetened Flavoured Milk and Rabidi. Toned milk contributes about 90 per cent of the total revenue.


Keywords: Dairy plant, profitable, Packaging,Milk products, Processing
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How to cite this article:

Mir Miraj Alli, A. K. Chauhan, Danny Franco and Shyam Prakash Singh. 2020. Economics of Milk Products Manufacturing: A study on State Co-operative Dairy Plant of Balasore District Odisha, India.Int.J.Curr.Microbiol.App.Sci. 9(8): 3671-3679. doi: https://doi.org/10.20546/ijcmas.2020.908.424