tucked away in the heart of old delhi is this 80 year old shop. its claim to fame, traditional indian milk sweets. it sees a steady stream of customers through the day. but with milk prices on the boil all through last year, business has simmered. translation: our profits are down. i customers are now buying half the quantity of sweets compared to a year ago. india s food inflation is primarily driven by cereals and milk. and in the world s largest milk producing nation, import of milk and cream has gone up by over 40% in the last two years. travelling 100 kilometres outside delhi to neighbouring haryana, the reasons become clear. this was once a village of dairy farmers. until two years ago, this man had run a thriving dairy farm for two decades.
tucked away in the heart of old delhi is this 80 year old shop. its claim to fame, traditional indian milk sweets. it sees a steady stream of customers through the day. but with milk prices on the boil all through last year, business has simmered. translation: our profits are down. customers are now buying half the quantity of sweets compared to a year ago. india s food inflation is primarily driven by cereals and milk. and in the world s largest milk producing nation, import of milk and cream has gone up by over 40% in the last two years. travelling 100 kilometres outside delhi to neighbouring haryana, the reasons become clear. durgapur was once a village of dairy farmers. until two years ago, krishnakumar dahiya had run a thriving dairy farm
on a global level there has been warnings this week from qatar that the worst is yet to come for europe in terms of oil and gas shortages. let s talk about india now, where milk prices have risen by around 15% over the course of last year. from the consumer to the dairy farmer, everyone has been feeling the pinch. arunoday mukharji finds out what is ailing the industry in a country that is the world s largest milk producer, contributing to a quarter of all global output. tucked away in the heart of old delhi is this 80 year old shop. its claim to fame, traditional indian milk sweets. it sees a steady stream of customers through the day. but, with milk prices on the boil all through last year, business has simmered. translation: our profits are down. customers are now buying half the quantity of sweets compared to a year ago. india s food inflation is primarily
tucked away in the heart of old delhi is this 80 year old shop. its claim to fame, traditional indian milk sweets. it sees a steady stream of customers through the day. but with milk prices on the boil all through last year, business has simmered. translation: our profits are down. i customers are now buying half the quantity of sweets compared to a year ago. india s food inflation is primarily driven by cereals and milk. and in the world s largest milk producing nation, import of milk and cream has gone up by over 40% in the last two years. travelling 100 kilometres outside delhi to neighbouring haryana, the reasons become clear. this was once a village of dairy farmers.