The Food Processing sector in India has a quintessential role in linking Indian farmers to consumers in the domestic and international markets. The Ministry of Food Processing Industries (MoFPI) is making all efforts to encourage investments across the value chain. According to industry reports, the food processing industry has a share of 12.38 per cent (at 3-digit of NIC classification) in the employment generated in all Registered Factory sector engaging approximately 1.93 million people. Unregistered food processing sector supports employment to 5.1 million workers as per the NSSO 73rd Round report. Major sectors constituting the food processing industry in India are grains, sugar, edible oils, beverages, and dairy products.
During the last five years ending 2019-20, Food Processing Industries sector has been growing at an average annual growth rate of around 11.18%. As per the Annual Survey of Industries (ASI) 2018-19, food processing was ranked 1st in total persons engaged in the manufacturing sector. India’s food processing sector is one of the largest in the world and its output is expected to reach $535 bn by 2025-26.The Government of India (GoI) has acknowledged the food processing sector as a high-priority industry and is currently promoting it with various fiscal reliefs and incentives. It is undertaking multiple efforts to encourage investments in the sector.
CII has been according due importance to this very vital sector of Indian Economy through a plethora of initiatives like policy advocacy; competency building initiatives and activities; training programmes; curation of business development & networking platforms; etc.