With the momentum of several years of rapid growth, Indian beef and veal exports are forecast to increase 16 per cent in 2012, to 1.275 million tonnes, according to the United States Department of Agriculture (USDA).
The USDA reports India?s cattle herd in 2012 is expected to reach a massive 324.3m head - a long way ahead of the next largest nation, Brazil (197.3m head).
India?s massive cattle herd is primarily due to the sacred role that cattle have in the Hindu religion.
Much of the production of beef in India is from the large buffalo herd (carabeef), which provides a very lean source of protein.
Despite having more than 300m head of cattle, India?s beef production in 2012 is forecast to only reach 3.265m tonnes.
This compares to Australia?s forecast of 2.18m tonnes from a commercial herd of 28.8m head.
In global markets, Indian beef is comparatively very cheap, and predominantly shipped to South East Asia, the Middle East and North Africa - emerging markets for Australia that will become increasingly fertile in coming years as exporters look to diversify their market share.
The growth in demand from these markets in recent years has helped to fuel the rise in Indian shipments, with exports between 2007 and 2011 rising 62pc.
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