close
test_template

Indian Food Industry

download print

About this sample

About this sample

close

Words: 335 |

Page: 1|

2 min read

Published: Feb 12, 2019

Words: 335|Page: 1|2 min read

Published: Feb 12, 2019

The Food Processing industry in India witnessed a rapid growth particularly during the 1980’s and 1990’s. This development took after the primary period of Green Revolution that had brought about increased agricultural output and requirement for its post-harvest management. The significance of this sector was realized by business groups prompting to expansion from grain trading to food processing.

'Why Violent Video Games Shouldn't Be Banned'?

Nowadays the food processing industry is generally considered has a “sunrise industry” in India because of its enormous growth potential and ability to attract agricultural economy and food chain services. The contribution of Indian food industry to world food trade is increasing every year. The food industry in India emerged has one of high growth and high profit sector due to its enormous potential for value addition, especially within food processing industry. It accounts for about 32 per cent of the country’s total food market, The Government of India has been serving has a means in the growth and development of food processing industry. Ministry of Food Processing Industries was formed by the government in the year 1988 through which every effort made to encourage investment in food industry.

This ministry is responsible for formulation and administration of rules, regulations and laws relating to food processing in India. The Indian food sector and grocery market is sixth largest globally with retailing has a major contributor of sales. The Indian food processing industry has a share of 32 per cent in country’s total food market. It is one of the largest industries in India and is ranked fifth in terms of production, consumption, expected growth and export. It contributes around 8.3 percent and 8.8 percent of Gross value added (GVA) in agriculture and manufacturing respectively.

Get a custom paper now from our expert writers.

This industry makes contribution of 13 percent to India’s export and 6 percent to total industrial investment. Indian gourmet food industry is presently valued at US$1.3 billion and is advancing at a Compound Annual Growth Rate of 20 percent along with the prediction that India’s organic food market would grow by three times by 2020.

Image of Alex Wood
This essay was reviewed by
Alex Wood

Cite this Essay

Indian Food Industry. (2019, February 11). GradesFixer. Retrieved March 29, 2024, from https://gradesfixer.com/free-essay-examples/indian-food-industry/
“Indian Food Industry.” GradesFixer, 11 Feb. 2019, gradesfixer.com/free-essay-examples/indian-food-industry/
Indian Food Industry. [online]. Available at: <https://gradesfixer.com/free-essay-examples/indian-food-industry/> [Accessed 29 Mar. 2024].
Indian Food Industry [Internet]. GradesFixer. 2019 Feb 11 [cited 2024 Mar 29]. Available from: https://gradesfixer.com/free-essay-examples/indian-food-industry/
copy
Keep in mind: This sample was shared by another student.
  • 450+ experts on 30 subjects ready to help
  • Custom essay delivered in as few as 3 hours
Write my essay

Still can’t find what you need?

Browse our vast selection of original essay samples, each expertly formatted and styled

close

Where do you want us to send this sample?

    By clicking “Continue”, you agree to our terms of service and privacy policy.

    close

    Be careful. This essay is not unique

    This essay was donated by a student and is likely to have been used and submitted before

    Download this Sample

    Free samples may contain mistakes and not unique parts

    close

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.

    close

    Thanks!

    Please check your inbox.

    We can write you a custom essay that will follow your exact instructions and meet the deadlines. Let's fix your grades together!

    clock-banner-side

    Get Your
    Personalized Essay in 3 Hours or Less!

    exit-popup-close
    We can help you get a better grade and deliver your task on time!
    • Instructions Followed To The Letter
    • Deadlines Met At Every Stage
    • Unique And Plagiarism Free
    Order your paper now