date:Aug 18, 2015
e and is expected to reach Rs 3,80,000 crore by 2017 with a CAGR of 23-24% as per the latest FICCI-Grant Thornton FB reporthttp://gtw3.grantthornton.in/assets/FICCI-Grant_Thornton_F%26B_report_May_2015.pdf. Food constitutes about 50% of the overall consumption expenditure and given the large young population, this trend is not going to change. Dominated by traditional segments that are mostly unorganised, brands of Indian and multinational origins are keen on penetrating the market. Indian and g