The food processing sector is one of the most promising sectors in our country with a high potential to grow in the future and invited the industry and entrepreneurs to invest in the north eastern states. This was stated was Rameshwar Teli, minister of state for food processing industries, at FICCI Foodworld India 2019, organized by FICCI and the Ministry of Food Processing Industries in Mumbai on 29 August 2019.
He said, “Our budget is of Rs 1400 crore and the Ministry of Food Processing Industries will assist industrialists and young entrepreneurs to set up food processing industry in the country especially in the hilly terrains.”
“Government will assist all the investors and industrialist to set up units in these states and especially in North East and Jammu Kashmir,” he said.
While highlighting the views on offerings by Odisha Government in the food processing sector Sanjeev Chopra, principal secretary, Department of Industries, Government of Odisha said, “Food Processing sector is identified as one of the Priority sectors in Odisha and has immense potential under the governance of the state government. The Odisha government has taken various measures to maintain the cost of doing business and improve infrastructure in the state”.
Siraj Hussain, former secretary, Ministry of Agriculture & Food Processing Industries, Government of India, shared his concerns faced by the sector and said, “Due to the fall in prices the farmers suffered. There is an increase in food wastage that has impacted the growth of the industry. We hope there are reforms that will increase the development in the food processing infrastructure along with driving investment in the rural agriculture.”
Reema Prakash, joint secretary, Ministry for Food Processing Industries, Government of India said, “The Pradhan Mantri Kisan SAMPADA Yojna which will not only provide a big boost to the growth of food processing sector in the country but also help in providing better returns to farmers and is a big step towards doubling of farmers income, creating huge employment opportunities especially in the rural areas, reducing wastage of agricultural produce, increasing the processing level and enhancing the export of the processed foods.”
Hemant Malik, chair – FICCI Food Processing Committee and chief executive officer – Food Division at ITC said, “India has moved from a food scarce to a food surplus nation and the industry is on track in terms of growth and profitability. The food processing sector has immense potential for value addition and development as it leads and synergizes the two pillars of economy that is the Industries and Agriculture. Various government initiatives and reforms have resolved a lot of hurdles faced by the industry.”
Mohit Anand, co-chair – FICCI Food Processing Committee and managing director at Kellog’s India said that the food processing sector has the potential of becoming a Rs. 500 billion sector which will not only focus on improving farmer’s income but also improve the employment and infrastructure.
A ‘FICCI Centre of Excellence on Nutrition’ was also launched at the occasion with an objective to create greater awareness amongst stakeholders on the different aspects of nutrition and reformulation.
The one-day conference which focused on the future of food processing sector was attended by delegates across the sector. The conference served as a platform for the industry to discuss the innovation that could drive the industry and initiatives to attract investment in the sector. It also discussed the efforts taken to reduce the wastage and bring in sustainable measures to boost the food processing sector.
IndiFoodBev — authentic, impactful and influential
An English-language food and beverage processing and packaging industry B2B platform in print and web, IndiFoodBev is in its third year of publication. It is said that the Indian food and beverage industries represent approximately US$ 900 billion in revenues which implies more than 20% of the country’s GDP. Eliminating the wastage on the farmside can help to deliver more protein to a higher number of the population apart from generating sizable exports. The savings in soil, seeds, water, fertilizer, energy and ultimately food and nutrition could be the most immense contribution that country is poised to make to the moderation of climate change.
To improve your marketing and grow sales to the food and beverage processing and packaging industry, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry and growth.
Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print, web, video, and social media channels to create brand recognition linked to market relevance. Our technical writers are ready to meet you and your customers for content.
The second largest producer of fruit and vegetables in the world is continuously expanding processing capacities and delivery systems with appropriate innovative technologies. We cover product and consumer trends, nutrition, processing, research, equipment and packaging from farm to thali. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations. Ask for a sample copy of our bi-monthly in print or our weekly IndiFoodBev eZine each Wednesday.
For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in
Naresh Khanna – 10 February 2025
Subscribe Now
