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Showing posts from June, 2020

What is the future of the food industry? How is it evolving?

As India is an agrarian society, its contribution to world food trade increases every year, especially as it has immense potential in the food processing industry . India's food processing industry represents 32% of the country's total food market, making it one of the largest industries in India and the fifth in terms of production, consumption, exports and expected growth. The third anticipated estimate is that horticultural crop production is estimated at a record 314.7 million tons (MT) in 2018-19. Agricultural exports in fiscal year 2019 were US $ 38.54 billion. India is the largest producer, consumer and exporter of spices and spice products. The Indian food retail market is expected to reach $ 894.98 billion in the coming years. The integrated food business in India is worth $ 48 billion, of which food distribution is worth $ 15 billion, which has enormous potential, and with all this in place will create a It was from hundreds of new food processing. The Minist...

What are the opportunities in the food industry in India?

Food Processing Industry is not only the need of the hour but also has the potential to bring prosperity in rural economy and contribute to the socio economic development of the country. It is certainly the pathway of a new future for India. The Government of India through the Ministry of Food Processing Industries (MoFPI) is also taking all necessary steps to boost investments in the food processing industry. The government has sanctioned 40 Mega Food Parks (MFPs) to be set up in the country under the Mega Food Park Scheme. Currently, 17 Mega Food Parks have become functional. In the beginning, the food processing industry was limited to procedures of food preservation and packaging that involved drying, salting, and pickling. Several thousand crore worth of farm produce was lost every year due to improper post harvesting, storage facilities, processing losses, mishandling, improper packaging, ill-equipped and weak cold chain infrastructure. However, in the last few years, ...
Which manufacturing business can be started in a rural area with Rs. 5-6 lakhs? Here are few manufacturing businesses that can be started in rural India with low budg et: 1.       Paper : is one of the necessities of civilization and it is almost impossible to imagine the continuance of a world without a printed books and newspapers. Paper made products like filter paper, tea bags, tissue paper, medical grade coated paper, light weight online coated paper etc. are significantly rising in terms of usage in Indian markets hence Paper industry in India can look an extremely positive intent ahead. 2.       Wooden toothpick: A toothpick is a small stick of wood, plastic, bamboo, metal, bone or other substance used to remove detritus from the teeth, usually after a meal. A toothpick usually has two sharp ends to insert between teeth. They can also be used for picking up small appetizers or as a cocktail stick. There is a large a...