Bengaluru
Recognising the significance that the pet industry is likely to be worth Rs. 20,000 crores in India by 2025, the state government is committed to supporting initiatives that promote research, education, and the dissemination of best practices in the pet industry, large and medium industries minister MB Patil said on Tuesday. Speaking as a chief guest at the international conference VETopia -2023 organised by the Pet Practitioners Association of Karnataka (PPAK) in collaboration with the National Veterinary Foundation (NVF) he said that the conference resonates deeply with the evolving role of pets in our lives. Earlier, veterinary care was confined to mere medical treatment. Now, It has been transformed into a comprehensive approach that encompasses preventive care, nutrition, behaviour management, and emotional well-being, he explained. Currently, the pet industry in the country is valued at around Rs 8,000 crores and is expected to grow at a CAGR of 20% over the next five years, Patil added.
