No Indian dairy among world's top 20 | Business Standard News

No Indian dairy among world's top 20 | Business Standard News

My VIEW:


August
20, 2015
Misleading
comparisons
This refers to the report
“No Indian dairy among world’s top 20” (August 20). In a competitive world
environment, there is no way to avoid comparisons and growth perhaps has become
dependent on competition. In the process, what we forget is monetary comparisons
have become so misleading that reality gets concealed.
From the report, it is
not clear how the value of turnover is arrived at. Comparison can be made more
realistic by revealing the quantity of milk processed. Price of milk in the
countries where the dairies are headquartered should be compared with the price
for the same quantity of milk in other countries. I had purchased 45 grams of
peanuts in Hong Kong for $35 (equivalent of Rs 280) last year!
M
G Warrier, Mumbai



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