TRENDS INTRODUCTION • Food Processing Industry (FPI) in India is a sunrise sector that has gained prominence in the recent years. • India is one of the key food producers in the world, with the second largest arable land area. • It is the largest producer of milk, pulses, sugarcane and tea in the world and the second largest producer of wheat, rice, fruits and vegetables. • India’s Food Processing industry is one of the largest industries in the country • It is ranked fifth in terms of production, consumption, export and expected growth. • The Indian food industry is estimated to be worth over US$ 200 billion and is expected to grow to US$ 310 billion by 2015. • India is one of the world’s major food producers but accounts for only 1.7 per cent RESEARCH OBJECTIVE
• 1. To take the review of development of food
processing industries in India. • 2. To study social, economic, educational and occupational backgrounds of the small entrepreneur engaged in food processing industries. • 3. To assess the development of the food processing industries. • 4. To evaluate existing policies, programs, institutional networks and the involvement of support agencies in promoting food processing units INDIAN FOOD PROCESSING INDUSTRY: STRUCTURE AND COMPOSITION
• Dairy, fruits & vegetable processing
• Grain processing • Meat & poultry processing • Fisheries • Consumer foods including packaged foods, beverages and packaged drinking water. INDIA’S STRENGTHS IN FOOD PROCESSING • Favorable Factor Conditions • Related and Supporting Industries • Government Regulations and Support CRITICAL SUCCESS FACTORS FOR MANUFACTURERS IN THIS SECTOR • Integrated Supply Chain and Scale of Operations • Processing Technology • Competitive Pricing • Brand Competitiveness • Product Innovation