How to start a Dairy business in India?

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    Dairy business in India

    Dairy Market in India

    India is the largest milk producer, accounting for 13% of the world’s total milk production. Cabinet Committee on Economic Affairs (CCEA), the government of India has approved a project as the Dairy Processing & Infrastructure Development Fund which has the purpose to offer subsidized loan @6.5% to capital stressed milk cooperatives for primarily replacing their decades-old chilling and processing plants and addition of value-added product plants. It has an entity asset of Rs. 8,004 crore with NABARD. The plan focuses on building a capable milk procurement system by setting up processing and chilling infrastructure & installation electronic milk contamination testing tackle at the village level.

    Indian Company Incorporation

    • Choose at least six names in a desirable sequence
    • Apply to concern RoC (Registrar of Companies) under the ministry of corporate affairs
    • You can apply for registration of the company by filing the required forms within 60 days of name approval
    • A fee of Rs 500 must be compensated with computerized signature
    • Arrange for the drafting of the MOA of association
    • Arrange for stamping of the MOA with the appropriate stamp duty
    • Get the MOA signed by at least two subscribers
    • Ensure that the MOA is dated on a date after the date of stamping
    • Login to the portal and fill the forms and attach the required documents listed in the form
    • Submit the eForms subsequent to connecting the computerized signature, pay the imperative recording, and send the hard copy of Memorandum and Article of Association to the RoC

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