DAHD sets up Dairy Investment Accelerator

  • 20 Jul 2021

The Department of Animal Husbandry & Dairying (DAHD), Government of India, with a view to provide dedicated focus towards promoting & facilitating investments in the Indian Dairy sector, has setup Dairy Investment Accelerator under its Investment Facilitation Cell.

  • This Investment Accelerator is a cross functional team constituted to serve as the interface with investors. It shall provide support across the investment cycle:
    • Offering specific inputs for evaluation of investment opportunities
    • Addressing queries about application to govt. schemes
    • Connecting with strategic partners
    • Providing on-ground assistance with state departments & relevant authorities
  • The Dairy Investment Accelerator will work with DAHD to organize a series of events with global & local industry participants and one-on-one discussions with the investors to understand their perspectives, facilitate direct interactions with government officials and connects with other players in the industry.
  • Dairy Investment Accelerator is also generating awareness among investors about Animal Husbandry Infrastructure Development fund (AHIDF). AHIDF is one of the flagship schemes by DAHD, Government of India whereby Rs. 15,000 crore fund has been setup for offering financial support to entrepreneurs, private companies, MSME, Farmers Producers Organizations (FPOs), and Section 8 companies. Eligible entities can avail the benefits of the scheme to set up new units or expand existing units in areas of dairy processing & related value addition infrastructure, meat processing & related value addition infrastructure and Animal Feed Plant. The benefits available are:
    • 3% interest subvention on loans
    • 2-year moratorium with 6-year repayment period
    • INR 750 Cr credit guarantee