A Study Of Productivity Of Indian Processed Food Industry

Abstract

India has remained the land of agriculture since centuries and the same stands true in the present scenario as well, looking at the growth rate of the sector there is an annual increase of 8.41% and this is substantiation for the development of Indian food processing industry. In the last five years i.e. 2015 to 2019 the industry has achieved a new growth rate of 10.7% and this is expected to grow at multiplicative rate in near future. Policies of the government are supportive enough for the growth of food processing industry, infrastructure is sufficient, home market is big enough to deal with foreign collaborations; but still the country has not achieved the stature that it should have. This present study will evaluate the scenario of food processing industry in comparison of top ten industry player and present the stature of India for the same.