Why India

The Opportunity Is Here

With a massive food market that is fast-expanding, exciting growth in the retail sector, and attractive economic policies and fiscal incentives, India's food ecosystem is the place to be in. Join in transforming the food economy by leveraging opportunities along the food value chain.

Advantage India

• Among fastest growing economies in the world
• Largest producer of several agri commodities
• 1.3 Billion consumers with increasing demand for branded food
• 4^th largest economy in terms of purchasing parity
• Proactive government policies with attractive fiscal incentives
• Significant investments in world class ports, logistics and supply chain infrastructure
• Rich demographic dividend with high focus on skill development, availability of skilled personnel
• Opportunity for investors across the food processing supply chain

A favourable economic and business environment

• India's GDP growth in 2016 stood at 7.6%.
• Large skilled workforce.
• 100% FDI through automatic route in food processing.
• 100% FDI in retail marketing, including through e-commerce, of food products that are produced and / or manufactured in India.
• Proactive policy support.
• Single-window clearance.
• A dedicated investors portal has been set up by MoFPI aimed at easing the process for investors: http://mofpi.nic.in/
• A dedicated investment promotion and facilitation agency called Invest India, set up by the Government: http://www.investindia.gov.in/

The advantage of Food Processing Sector in India

• India ranks 2^nd in terms of total food production globally
• Indian ranks 1^st in the world in terms of production of milk, bananas, mangoes, guavas, papayas, ginger and okra
• India ranks 2^nd in the world in production of green peas, potatoes, tea, tomato, sesame and many other key commodities
• The food processing sector ranks 1^st in terms of employment and number of factories in operation and 3^rd in terms of output
• The industry has witnessed a growth 7.1% during 2013-14, much higher that the growth in agriculture sector and at par with the manufacturing sector
• Strategic geographic location and proximity to food-importing nations makes India favorable for the export of processed foods
• The sector has a total of 37,175 registered units with fixed capital of nearly USD 24 Billion and aggregate output of around USD 114 Billion. Major industries constituting the food processing sector are grains, sugar, edible oils, beverages and dairy products