Jun 25, 2024
Food processing industries under the SMEs flourished with an advent manner

India has considered as one of major food producers in the world and contributes about 28% of India’s GDP. In terms of world ranking; India takes the first position in the production of cereals, Livestock and milk production, a second position in producing fruits and vegetables, and the fifth rank in producing wheat, rice, and groundnuts, spices, sugar & oilseeds, tea, coffee, and much more.

Factors allowing India to take a part in food processing sectors:

Vast supply of raw material

India is certainly one of the biggest manufacturers of wheat and rice.
India is the second largest producer of fruits, veggies, and groundnuts. That it accounts for approximately 10 percentage of the world’s fruits production with the country topping within the manufacturing of mangoes and bananas.
Coconuts, ginger, turmeric, cashew nuts and black pepper is broadly grown in a http://miura-seikotsuin.com/
few components of the country.
Due to the high processing ranges, milk products provide a significant opportunity in India. India is the arena’s largest producer of milk thanks to the sturdy enterprise models formed via cooperative actions the country. Milk and related products account for 17% of India’s general expenditure foods. This part enjoys liberal guidelines as all milk merchandise besides malted ingredients are robotically allowed 51% foreign fairness participation and all export of dairy merchandise are freely allowed.

Low manufacturing cost

The skilled Indian workforce has ability to make the Indian food in low prices resulting in attracting the foreign market.

Gathered market from large urban middle class

Because of the massive population of 1.08 billion, India’s becomes large and growing market for food products. And by introduction of 350 million strong urban middle class with its changing food habits drags a massive market for agriculture products and processed foods.

Shifting of the conventional market to commercial farming

The process of dragging from the conventional market to commercial farming also allows the Indian food market to get a good rank in overall percentage.

Conducive food processing policy environment

The national policy on foo

More Details