Prospects Food Processing

Presently, a small percentage of farm produce are processed into value-added products. India needs US$ 28 billion in investment to raise food processing levels by 8-10%. 

Rapid urbanization, increased literacy, changing life-styles, more women in work force and rising per capita income, have led to rapid growth and new opportunities in food and beverages sector. 
Indians spend about 50% of household expenditure on food items. New Exim policy places greater thrust on Agro-based industries. 

The followings are the areas for bilateral Co-operation (in investment, technology transfer, trade particularly international trade with India as base) 
• Fruit and Vegetable Products 1) 
• Fisheries & Seafood 
• Wine, Beer & Alcoholic Beverages 
• Food Processing Machinery / Packaging 
• Total Quality / Management System 
• Animal Products, Meat & Dairy 
• Cereals, Consumer Foods / Ready to eat foods 
• Cold Chain Infrastructure 
• Food Parks 
• Human Resource Development