Export Status of Processed Agricultural Food Products in India
Rachana K. Bansal, V.K. Gondaliya, A.S. Shaikh and Jignesh Macwan
Food processing industry in India is a sunrise sector and has gained prominence over the recent years. It is one of the largest industries and ranks fifth in terms of production, consumption, export and expected growth. It has tremendous export potential, as processed agricultural food items registered 9.61 per cent and 21.56 per cent growth in export quantity and value, during the period of 10 years. The share of processed agri. food items in total export and agri. export was 1.1 per cent and 24 per cent. India’s export of Processed Agricultural Food products was `26067.64 crores in the year 2015-16. There is a need to cover this untapped potential of food processing sector through export promotion or incentives and by providing better infrastructure like- storage and processing facilities to reduce wastages as India is second largest producer of fruits and vegetables.