Advantage India
Robust
Demand
*India is the fourth largest economy in the world and expected to be the fastest-growing economy among major G20 countries, with GDP growth estimated to be around 6.9% in FY26.
*Indian food processing market size reached Rs. 30,49,800 crore (US$ 354.5 billion) in 2024 and is expected to grow to Rs. 4,584,415 crore (US$ 535 billion) by the end of FY26.
*As of 2024, it contributes around 8.80% and 8.39% of Gross Value Added (GVA) in Manufacturing and Agriculture respectively, 13% of India's exports and 6% of total industrial investment.
Competitive
Advantage
*India is the largest producer of milk and spices and one of the leading producers of fruits and vegetables, poultry, and meat.
*India has access to several natural resources that provides it with a competitive advantage in the food processing sector.
Government
support
*APEDA has launched the Bharat's Hub for Agritech, Resilience, Advancement and Incubation for Export Enablement (BHARATI) initiative to empower 100 agri-food and agri-tech startups, foster innovation, improve export readiness and help India achieve Rs. 4,28,450 crore (US$ 50 billion) in agri-food exports of its scheduled products by 2030.
*The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) offers Rs. 10,900 crore (US$ 1.3 billion) to incentivize food manufacturing, promote innovative SME products, and boost Indian brands globally.
Opportunities
*According to the Viksit Bharat@2047 report, India's food processing sector will grow significantly, reaching US$ 1,100 billion by FY35, US$ 1,500 billion by FY40, US$ 1,900 billion by FY45, and US$ 2,150 billion by FY47.
*From April 2000 to June 2025, the food processing industry received Rs. 1,15,596 crore (US$ 13.4 billion) FDI.
*The growing consumption of food is expected to reach US$ 1.2 trillion by CY26, owing to urbanization and changing consumption patterns.
Indian Broiler Group
Indian Broiler (IB) Group began its journey in 1985 and has evolved into a diversified industry giant with a presence in the Poultry, FMCG, Solvent, Livestock feed, Specialized Pet Food and Hospitality segments. IB group headquarters are located at Rajnandgaon, Chhattisgarh. The company has focused on research and development, advanced technologies and built a competent workforce to impart excellence in its business offerings. The group has improved the lives of rural poultry farmers and underprivileged children, women, and youth, through a slew of socio-economic initiatives.
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Jubilant FoodWorks Limited
Jubilant FoodWorks Limited is India’s largest foodservice company and is part of the Jubilant Bhartia Group. Incorporated in 1995, the company holds the exclusive master franchise rights from Domino’s Pizza Inc. to develop and operate the Domino’s Pizza brand in India, Sri Lanka, Bangladesh, and Nepal. In India, it has a strong and extensive network of 1,928 Domino’s stores across 407 cities. The company also has exclusive rights to develop and operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan and Dunkin’ restaurants in India. It currently operates 32 Popeyes restaurants in 10 cities and 25 Dunkin’ restaurants across eight cities. ‘Hong’s Kitchen’ is the first owned-restaurant brand of the company operating in the Chinese cuisine segment which now has 22 restaurants across four cities.
Read MoreBritannia
Britannia is one of the leading food companies in India with a legacy of more than 100 years. Today, it is among the most trusted food brands in India. Its portfolio includes biscuits, bread, cakes, rusk, and dairy products including cheese, beverages, milk, and yoghurt. It is the largest brand in the organised bread market. The company has a reach across five million retail outlets and 50% of the Indian households through its range of products.
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