India’s food processing sector is growing at a fast pace at 8.4%, which is one of the fastest growing sectors in the Indian economy. On 29th April, 2015, the Union Minister for Food Processing Industries, Harsimrat Kaur Badal indicated that India had the potential of becoming a world leader in the food processing sector. Importantly, […]
Impact of FDI on Food Processing Industry in India
Food processing industry in India has gained prominence in the recent years and is poised to attain greater heights. Availability of raw materials, changing lifestyles, coupled with appropriate fiscal policies has given a considerable push to the industry’s growth. This sector serves as a vital link between the agriculture and industrial segments of the economy, […]
Union Budget 2015-16 & The Food Industry
Budget time is the time when the common man awaits for tax reduction and the corporate world awaits to see in which direction they will direct their industry. The expectations of the food industry were to a large extent fulfilled as they have got relief on corporate tax. The food manufacturing and processing sector will […]