Menu
Transforming The Food Economy
3-5 November, 2017 | Vigyan Bhawan, New Delhi, 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.

 

 

 

The advantage of India's food sector

  • India's food and grocery market is the sixth largest in the world.
  • The annual growth rate of the food processing sector is more than 7%.
  • India's online food delivery industry grew 150% in 2016.
  • Food retail is the next big opportunity with a share of 70% in the total retail market.
  • India offers the largest diversified production base.
  • Growing infrastructure support:
    • 42 Mega Food Parks are being set up to promote food processing clusters
    • The government has recently sanctioned 101 new integrated cold chain projects
  • Advancing technology & equipment:
    • New and emerging technology in fruits & vegetables processing, cold storage, reefer containers, IQF processing, pack houses, and packaging
    • Food testing labs

 

 

 

A favourable economic and business environment

  • India's GDP growth in 2016 has been at 7.6%.
  • Large skilled workforce.
  • 100% FDI through automatic route in food processing.
  • 100% FDI in retail marketing of food products that are produced and / or manufactured in India, including through e-commerce.
  • 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/
  • The Government of India has set up Invest India as its official Investment Promotion and Facilitation Agency: http://www.investindia.gov.in/