date:Jul 31, 2014
One of these segments was developed by using retort technology, and came to be known as the heat and eat food industry.
The heat and eat food industry in India, valued at INR 2,370 million (~US$ 39.5 million) in 2014, has been growing at a CAGR 18% for the last three years. The industry is expected to grow at a CAGR of 22% in the next five years till 2019 due to rapid urbanisation, increasing disposable income, and an expected improvement in retail infrastructure. ValueNotes estimates that the