Start you entrepreneurship journey in Food Processing Sector


IIDIncubator

Uploaded on Apr 14, 2021

Category Business

The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry. For Details, visit- https://www.iid.org.in/industrial-solution/food-processing/

Category Business

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Start you entrepreneurship journey in Food Processing Sector

FOOD PROCESSIN G INDUSTRY INSTITUTE FOR INDUSTRIAL DEVELOPMENT FOOD PROCESSING INDUSTRY TEACH A COURSE 2 FOOD PROCESSING INDUSTRY • The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. • In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry. 3 FOOD PROCESSING  Accounting for about 32 per cent of the country’s total food market, The Government of India has been instrumental in the growth and development of the food processing industry.  The government through the Ministry of Food Processing Industries (MoFPI) is making all efforts to encourage investments in the business. It has approved proposals for joint ventures (JV), foreign collaborations, industrial licenses, and 100 per cent export oriented units. TEACH A COURSE 4 FOOD PROCESSING INDUSTRIES  The Indian food and grocery market is the world’s sixth largest, with retail contributing 70 per cent of the sales.  The Indian food processing industry accounts for 32 per cent of the country’s total food market, one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth. 5 FOOD PROCESSING INDUSTRY  The online food ordering business in India is in its nascent stage, but witnessing exponential growth. With online food delivery players like Zomato, TinyOwl, UberEats and Swiggy building scale through partnerships, the organised food business has a huge potential and a promising future  If you want to be a part of this profitable industry, visit- http://iid.org.in/industrial- solution/food-processing 6 CONTACT US LINKEDIN TWITTER EMAIL PHONE IIDINCUBATOR @IIDIncubator [email protected] +91 7408733333, +91 7607655555 7