One of the largest in the world, India's food processing business is predicted to reach USD 535 billion by 2025/26. The sector is part of Prime Minister Narendra Modi's Make in India strategy and supports his call for a "vocal for local." For example, infrastructure spending and the Pradhan Mantri Kisan Sampada Yojna have helped the sector's growth trajectory. Between 2014 and 2020, the Indian food industry attracted USD 4.18 billion in foreign direct investment.
Trade4go
Dec 14th, 2023
