According to the article, the primary benefit of the GST reform is its potential to make dairy products more affordable for consumers. By reducing taxes, the government is not only encouraging greater consumption but also promoting fairer competition among producers. This is particularly important in India, where nearly 20% of the world’s population is directly involved with milk in some capacity. The move is expected to boost rural incomes, a crucial step for economic development and stability.

The chairman of Hatsun Agro Product Ltd., Chandramogan, called the reform “unprecedented and visionary.” He stated that the new initiative will help India transition from being a dairy importer to a global exporter. This long-term vision is a key piece of data journalism for the international dairy industry and suggests a strategic effort to strengthen India’s position in the global agribusiness market. The move is seen as a commitment to building a more robust and formalized supply chain.

The reform is also a significant win for local farmers. Chandramogan emphasized that the decision will empower them with better economic prospects and provide consumers with access to affordable, nutritious products. By strengthening the formal supply chain, the government is making it easier for producers to operate within a regulated market, ensuring quality standards and providing a stable foundation for growth and investment in the future.