“By way of employment, the sector employs almost 2 million staff throughout roughly 41,500 registered models. With a market measurement of $866 billion in 2022, the meals trade is about to play a pivotal position within the economic system’s progress,” he stated, discussing CII’s upcoming occasion ‘Foodpro 2024’ in Chennai.
The meals processing sector in India has been rising at a median annual fee of 5.35 per cent from 2015-16 to 2022-23. In 2022-23, the sector contributed 7.66 per cent to the GVA in manufacturing at 2011-12 costs.
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“Presently, India is the biggest producer of milk, pulses, banana, mango, pomegranate, papaya, lemon, okra, ginger, and non-food crops like cotton and jute.
It’s the second-largest producer of rice, wheat, vegatables and fruits, and tea, and one of many main producers of eggs and meat globally.
In 2023-24, India produced 304.4 million tonnes of cereals, 296 million tonnes of pulses, 351.9 million tonnes of horticulture merchandise, 230.6 million tonnes of milk, and 138.4 billion eggs,” acknowledged Srivats Ram, Chairman of CII Tamil Nadu and Managing Director of Wheels India Ltd.
Foodpro 2024, the fifteenth version of the biennial occasion on Meals Processing, Packaging & Meals Know-how, might be held from August Sep 11, 2024, on the Chennai Commerce Centre below the theme “Accelerating Progress Scale for Meals Industries.” The Authorities of Tamil Nadu is the Host State for Foodpro 2024.
The three-day exhibition will characteristic over 250 home and worldwide exhibitors, sectoral conferences, B2B conferences, product launches, and displays, and is anticipated to draw round 25,000 guests and merchants.
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