Essay On Food Processing Industry

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Increase in incomes have always accompanied by a change in the food basket. As been witnessed, the proportionate expenditure on cereals, pulses, edible oil, sugar, salt and spices declines as households climb the expenditure classes in urban India. The opposite happens in the case of milk and milk products, meat, egg and fish, fruits and beverages. There is a decline in proportionate expenditure on staples (cereals, grams, pulses) from 45 per cent to 44 per cent in rural India while the figure settled at 32 per cent of the total expenditure on food in urban India. The food industry is growing as Indians continue to have a feast and also because every member of the family is earning. As it has been fuelled by what can be termed as a perfect…show more content…
It accounts for US$ 29.4 billion, in a total estimated market of US$ 91.66 billion. The Confederation of Indian Industry (CII) has already estimated that the food processing sector has the potential of attracting US$ 33 billion of investment in 10 years and generates employment of 9 million person-days. The Government has formulated and implemented several Plan Schemes. These schemes is for providing financial assistance for setting up and modernizing food processing units, creation of infrastructure, support for research and development and human resource development in addition to other promotional measures to encourage the growth of the processed food sector. Food processing, as discussed, is a large sector that covers activities such as agriculture, horticulture, plantation, animal husbandry and fisheries. It includes various other industries that use agricultural inputs for manufacturing of edible products. The Ministry of Food Processing, Government of India has indicated the following segments within the Food Processing industry: 22 • Dairy, fruits & vegetable

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