The food processing industry comes as a value-addition option for the agri class of India, which has been failed on many a occasion. The Indian government has been trying, for over a decade, to promote infrastructure and food processing industry, by building better storage facilities. World’s leading processed foods manufacturers have been targeting Indian consumers, helped by the rapid growth of modern food retail business as well as e-commerce firms in this sector, catering to the upper middle classes in the metros and emerging cities around the country. Food Processing Minister Harsimrat Badal believes that the goals would provide the necessary boost to foreign investments in this domain, with not just money, but more importantly will lead to transfer of technology, know-how and skills needed for India to create and run an efficient food processing industry.
With India being the one of the largest food producer in the world, Indian food processing industry has a lot of potential in the perishable sector. However, at the same time, issues related to food wastage remain.
Harsimrat Kaur Badal, union minister of food processing, India, talks to Biz@India about the food processing infrastructure, cold chain facility, World Food India 2017 summit, and more.
India has been aggressively scouting for global finance to revolutionise its food-processing sector. A mid global slowdown, the Indian economy remains resilient, accentuated by volatile financial markets and the transient impact of demonetisation. What has driven this resilience is its backbone— farm output. According to estimates issued by the Agriculture Ministry, India’s food grain production … Continue reading Finding Foreign Finance →
India is one of the leading tea exporters of the world, but why is there almost no existence of any Indian tea brand in the global market? The tea industry has a critical position in the Indian economy. Tea is India’s primary beverage, with almost 85 pc of total households in the country consuming it … Continue reading The Chai Story of India →
In a country where hard liquors have been ruling the drinks’ menu, wines are gradually making their way up the charts, with domestic brands giving a neck-to neck to the imported bottles. At our wine club’s meet-ups in Delhi, I have a great time sipping varieties from around the world and India. It is a … Continue reading The Wine Affair →