OPPORTUNITIES IN FOOD PROCESSING INDUSTRY IN INDIA
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Date
2020
Authors
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Publisher
International Agri-Business Management Institute Anand Agricultural University Anand
Abstract
Food processing sector is one of the key sector of the Indian economy. India is the
second largest producer of food products, next to China. The growth of food processing
sector will bring overall development in the economy, as it establishes a strong relation
between the two pillars of economy; agriculture and industry. India is having a strong
agriculture base but post-harvest losses and wastages are quite high. India currently
processes less than 10% of its agriculture output i.e. around 2% of fruits and vegetables,
6% of poultry, 21% of meat, 23% of marine and 35% of milk; which is very low
compared to other developed countries. The most of the processing done in India can
be identified in primary processing. The primary processing compared to secondary
processing offers low value-addition that includes processing of high value items like
fruits and vegetables, dairy, bakery, chocolates etc. When India is making a move in its
policy to ‘Make in India’ numerous gates of growth and development have opens up
for the food processing industry.