Beruflich Dokumente
Kultur Dokumente
The food processing sector in the country with its vast potential has emerged
as one of the major driver of economic growth. It is encouraging to note that
while the country¶s GDP growth rate had increase from 3.5 per cent in 2002-
03 to 9 percent in 2006-07, the food processing sector has grown from 7 per
cent to 13.1 per cent during the same period.
Incredible Opportunities
Several thousand crore worth of farm produce is lost every year due to
inefficient post-harvest practices for storage and processing. On one hand is
the growing demand for food products, which are difficult to meet due to
limited resources and on the other, there exist abnormally high wastage in
farm sector due to inefficient technology in storage, processing and
handling. It is, therefore, imperative to introduce state of the art technology
in the food-processing sector to minimize post-harvest losses. It also calls
for a concerted attention to a few selected food products where India has or
can develop a competitive edge over other countries.
FDI
The sector has been attracting substantial FDI also and is among the top ten
sectors getting FDI equity. FDI up to 100 per cent equity is permitted under
the automatic route in food and infrastructure like food parks and cold
chains. There are many areas for investment in this sector which include
mega food parks, agri-infrastructure, supply chain aggregation, logistics and
cold chain infrastructure, fruit and vegetable products, animal products,
meat and dairy, fisheries and seafood cereals, consumer foods/ready to eat
foods, wine and beer, machinery/packaging.
With the active support and cooperation of all the stakeholders the ministry
is confident of providing the necessary momentum for the rapid growth of
the food processing sector and usher in a new era in the Indian economy.