date:May 07, 2013
processing technology because the technology being imported currently was not cost-effective and that Indians developing critical technologies would help the industry grow immensely and qualitatively.
Factors driving the industry
India is expected to raise its current percentage of perishable food processing to 20% from currently of 10% while its share of global trade is expected to be around 3%.
Indias urban population is estimated to increase from 450 million in the year 2009-10 to 590 mil