Dear Readers and Advertisers,
We are delighted to bring you the inaugural edition of IndiFoodBev – Processing & Packaging. Aimed at building a world-class platform for an emerging world-class food industry, the bi-monthly B2B publication serves as a window to the latest innovations and developments in the food & beverage processing and packaging industry. Business development and growth together with new technology, equipment, government policies, testing instruments and laboratories, logistics, retailing and marketing strategies are the subject of this platform.
Food processing industry poised for growth
A MakeinIndia survey on the food processing sector reports that India’s US$ 600 billion (approximately Rs 42,87,330 crore) food processing industry is at an inflection point in its growth. Currently second in terms of global food production, it leads in the production of pulses, mangoes, banana, milk, ginger and buffalo meat, and is the second-largest producer of rice, wheat, potato, garlic, cashew nut, groundnut, dry onion, green peas, pumpkin, gourds, cauliflower, sugarcane and tea. Only 10% of agricultural produce is processed, but given the potential this is an underachievement leading to much waste on the farm side itself. Only 2% of vegetables and fruits are processed in India in comparison to 90% in the USA and 40% in China.
Post-harvest wastage and government action
Although a big exporter of agricultural products, India’s value addition in food and beverage products is still low. Much of the post-harvest wastage of fruits and vegetables of around 30 to 40% is attributed to factors such as the lack of a structured food processing, packaging, logistics and retail industry.
The food processing industry can halve this loss with a positive effect on the entire economy as around 55% of the Indian population is directly dependent on agriculture. Apart from its food industrial parks, the central government’s ministry of food processing industries is building a strong cold storage infrastructure for the dairy, fish and horticultural industries. It is currently assisting 135 integrated cold chain projects in the country.
Improving the food and beverage supply chain with direct farming, contract farming and a negotiable warehouse receipt system are mechanisms to streamline, strengthen and shorten the food supply chain. India is the biggest producer of numerous fruits and vegetables, whose shelf life can be extended by investment in infrastructure such as cold storage, reefer vans and radiation plants. Indian food and beverage companies are keen to adopt new technologies for the sourcing, sorting, processing, packaging and distribution of innovative and nutritious food & beverage products.
Food quality and safety
Use of fertilizers, pesticides and other chemicals raise concerns about food quality and safety and consumer protection is needed from hazardous practices such as adulteration. The Indian Food Safety and Standards Act was enacted in 2006 to provide a single-point reference for all matters relating to food processing, packaging and labeling safety and standards.
As an industry platform spanning the food supply chain at just the right time, IndiFoodBev needs your ideas to establish the context for a targeted industry platform. With an economy and demographic in rapid transition, daily uploads on www.indifoodbev.com website will try to keep up with the excitement. Our previews and coverage of food and beverage industry exhibitions and conferences will also give us frequent opportunities to meet and interact with our readers and supporters globally.