Fonterra has signed a memorandum of understanding with the Indian Farmers Fertiliser Co-operative (IFFCO) and Global Dairy Health to study whether to set up a pilot dairy farm in India.
Fonterra said today (12 November) that the move, following talks with IFFCO, was the “first step towards the vision of establishing large-scale world-class dairy farms in India”.
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The feasibility study would “firm up” key parameters of the project and is expected to be completed “shortly”.
If the project proceeds, the pilot farm could have a herd size of around 3,000-5,000 cows.
Fonterra CEO Andrew Ferrier said the approach would be similar to that taken by Fonterra in China. Fonterra established a pilot farm for 3,000 cows in Tangshan in 2007.
“India is a vibrant and growing market and we are excited by the potential opportunities there. We are delighted to be working with IFFCO, the world’s largest farmer fertiliser co-operative with a membership of 50 million farmers, and GDH, which is highly respected in India,” Ferrier said.
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