The Government of India has banned milk, milk products and confectionary from China for one year.
Share prices of dairy products makers Prabhat Dairy, Parag Milk Foods and Vadilal Industries gained as much as 4-9 percent in morning trade Thursday after a ban on milk products from the world’s second largest economy.
The Government of India today banned milk, milk products and confectionary from China for one year, reported CNBC-TV18 quoting Cogencis.
In previous year as well, the government had imposed a ban on import of milk and its products from China and that was applicable till June 2017.
India had first imposed the ban in September 2008 on apprehension some milk consignments from the country contained melamine, a toxic chemical used for making plastics and fertilisers.
The ban is more a preventive measure as India itself being the world’s largest milk producer and consumer, hardly imports milk products from China.
In previous year as well, the government had imposed a ban on import of milk and its products from China and that was applicable till June 2017.
India had first imposed the ban in September 2008 on apprehension some milk consignments from the country contained melamine, a toxic chemical used for making plastics and fertilisers.
The ban is more a preventive measure as India itself being the world’s largest milk producer and consumer, hardly imports milk products from China.
Source: Dairynews.ind