Evaluating the value chain of fodder-milk dynamics in Indian dairy industry: A system dynamics approach

Harishankar Kanthaswamy, Abhishek Das, Saravankumar Venkatachalam, Ashok Krishna Radha and Shalander Kumar

No 344290, IAAE 2024 Conference, August 2-7, 2024, New Delhi, India from International Association of Agricultural Economists (IAAE)

Abstract: The research presents a comprehensive analysis of the intricate dynamics between fodder and milk production within the dairy industry of Tamil Nadu, India by employing a robust System Dynamics modelling. This approach harmonizes qualitative and quantitative data to construct an elaborate model that intricately portrays the interconnections among diverse facets of the fodder and dairy system, with a primary focus on the value chain. System Dynamics facilitates the simulation of dynamic feedback loops, temporal delays, and the intricate web of causal relationships that influence the dairy industry's performance. Through this study, we address pivotal leverage points for enhancing the efficiency, sustainability, and resilience of Indian dairy value chain. The findings underscore the strategic importance of interventions in fodder dairy production systems by exploring different scenarios to evaluate the potential complexes of policy shifts and evolving market dynamics. It offers insights to policymakers, dairy industry stakeholders, and researchers interested in optimizing the performance of dynamic dairy ecosystem. It accentuates the imperative of embracing a holistic, system-oriented approach to effectively navigate the intricate challenges and capitalize on the opportunities within fodder and dairy landscape.

Keywords: Livestock Production/Industries; Production Economics (search for similar items in EconPapers)
Pages: 30
Date: 2024-08-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cfcp15:344290

DOI: 10.22004/ag.econ.344290

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