1.00 Indian rupee ₹ Great opportunity for startups in food processing sector Mumbai

Published date: January 31, 2020
Views: 7
  • Location: Mumbai, Mumbai, Maharashtra, India



Each nation has his own driven economy, for India agriculture sector has always been significant sector. With GDP contribution of 15%, agriculture is a key economic driver in India. The interest for food and agricultural products is changing in extraordinary ways.
There is huge potential to grow in Indian food processing industry, considering the still growing levels of handling Opportunity to build business around meeting consumer needs.
Despite the fact that India's agricultural production base is reasonably strong, wastage of agricultural produce is sizeable. The food processing industry in India is an emerging sector changing the trend from Sustenance to Market Oriented. Accessibility of raw materials, changing ways of life and relaxation in policies has given a considerable push to the industry's growth.
In a bid to double the farmer’s income by 2022, the Government of India, is progressively searching for ways to support agricultural production, food processing and marketing avenues through the integration of latest technologies and developments; thus creating a huge scope for food and agritech startups in the country.
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