Publisher's Synopsis
Feast to Fortune: Unraveling India's Food Industry SuccessProduct Description
Embark on a Culinary Journey through India's Food Industry Success
Are you ready to savor the delectable story of India's ascent in the global food industry? "Feast to Fortune: Unraveling India's Food Industry Success" is your passport to a world where India takes center stage as the second-largest food producer on the planet, trailing only China.
Key Highlights:- Global Food Powerhouse: Discover why India's food industry is making waves on the global stage. With India as the second-largest food producer globally and the sector ranking fifth in terms of production, consumption, and exports, its influence is undeniable.
- Economic Impact: Explore the remarkable economic impact of India's food industry, contributing 14 percent to the manufacturing Gross Domestic Product (GDP), 6 percent to total industrial investment, and a whopping 13 percent to India's overall food exports.
- Export Destinations: Learn about the primary export destinations for Indian food products, with the Middle East and Southeast Asia playing pivotal roles in expanding the country's reach.
- Market Dominance: Understand how the food industry commands a substantial 32 percent share of India's total food market. The anticipated growth in the Indian food retail sector is staggering, projected to reach `61 lakh crore (US$ 894.98 billion) by 2020.
- Consumer Basket: Explore the significance of food and grocery items, making up a significant 31 percent of India's consumption basket.
- Global Trade Impact: Reflect on India's historical position in international food trade, and witness its transformation from contributing only 1.5 percent to the global food export figure in 1998 to the impressive $482 billion projection by 2020.
- Employment Generation: Learn how India's food industry growth is poised to generate 9 million person-days of employment by 2024, impacting lives and livelihoods.
- Government Catalyst: Discover the role of the Government of India, particularly the Ministry of Food Processing Industries (MoFPI), as a catalyst for this industry's growth. From approvals for Joint Ventures (JVs) to foreign collaborations, the government is committed to fostering investments in this thriving sector.
"Feast to Fortune" is your invitation to a captivating journey through India's culinary landscape and its profound impact on the global food industry. Whether you're a food enthusiast, an investor seeking opportunities, or a business professional looking to understand the secrets behind India's food industry success, this book offers a savory blend of information and inspiration.
Get ready to explore the flavors, economics, and innovations that have propelled India's food industry to remarkable heights. Order your copy today and savor the taste of India's food industry success.
