Study of food processing sector in India and business opportunities

Abstract

Indian Agriculture sector contributes 17% to the GDP and provides 60% of employment World leaders in various food items like cereals, fruits & vegetables and dairy products Diverse agro-climatic conditions - production of a wide range of crops Large consumer class – a population of 1.13 billion with rapidly increasing middle class (~ 20 million) Shifting food habits from basic food items towards high value crops and processed food items. Indian Food Industry stands at $ 200 bn in ‘06-07, of which Food Processing industry contributes a share of 43% ($ 85 bn)