India has solidified itself as a net food exporter with a consistent balance of trade surplus in food and agricultural products though the country remains susceptible to production and price shocks for various commodities. The food processing industry is seeing growth and profitability due to increased domestic consumption and growing capabilities to meet the standards and demand for traded commodities and processed goods around the globe.
India ranks second in terms of global food production and is the world’s largest producer of many commodities though very little is processed owing to market disconnects and infrastructure challenges. If modern food processing technologies, cold storage techniques, and food quality grades are adopted, the sector is expected to gain strength and the link between agriculture and manufacturing will forge.