India is the largest producer of several fruits, such as banana, mango and papaya, and the second-largest producer of vegetables such as brinjal, cabbage and onion. Further, India is also one of the largest producers of rice.
India has the largest livestock population in the world with 98.7 million buffaloes and 176 million cows (2008). The establishment of 60 fully equipped agri export zones (AEZs), in addition to food parks, acts as an incentive for attracting foreign investment. In the global context, India has a comparatively low penetration (of processing activities) across product categories, providing considerable opportunity for new players.
By 2015, the Indian food industry is estimated to grow by about 40 per cent over the level in 2007. The Government of India is actively promoting the concept of mega food parks and is expected to set up 30 such parks, each with a cold storage facility. The parks will also have facilities for sorting, grading, processing, packaging and quality control, thereby providing an investment opportunity to integrated players, as well as developers.Sectoral Presentation (April 2010)
Click here to Download File (Size: 269.81 KB )