India Food Processing Industry is predicted at a $135 billion enterprise that's developing at about 8% annually. This increased fee is notably greater than the agricultural increase charge which remains around 4%. These signals imply toward extraordinary shift towards...
Pink Revolution is a term used to denote the technological revolutions in the Meat and Poultry processing sector. India has already noticed the 'Green' and ‘White’ revolutions in its food enterprise – associated with agriculture and dairy products respectively,...
The Food and Beverage enterprise has undergone big modifications over the past decade owing to growing customer needs and industry innovation as the food processing industry is consumer-driven, confined by using the global populace. Driven by using, converting global...
Food ecosystem in India offers colossal open doors for investments with stimulating development in the food retail sector, good financial strategies, and appealing monetary motivators. The Government of India through the Ministry of Food Processing Industries (MoFPI) is additionally...
India's farms are seeing a quiet transformation. Agriculture produce has been outpacing grain output, cold chains are at last coming up and worldwide food processing organizations are starting to observe the capability of the Indian market.
With over a billion...
In India, the Food Safety and Standards Authority of India (FSSAI) are the zenith food regulator. It is empowered through and capabilities under the Ministry of Health and Family Welfare, Government of India. The FSSAI implements and enforces food...
India’s Food processing sector has experienced excellent growth over the years and is the 6th largest food processor in the globe. As per the report, the Majority of food processing units in developing countries fall underneath the Micro, Small...
There is no dilemma that the Food Processing industry is the most vital and substantial sector in the industrial world. Now, the food and beverage industry is growing at a quick pace in phases of technology. On top of...
According to enterprise reports, food processing is one of the most important sectors in India, among manufacturing, intake, export, and GDP growth. In reality, India has even overtaken China to turn to be the most favorable market for retail...
Many financial incentives are implemented by the Government of India for selling an investment in the Food Processing sector. Any of the key incentives are discussed below:
Section 80-IB of the Income-tax Act 1961:
Section 80-IB of the Income-tax Act, 1961...
