Article published in the India Food Report 2016.
India is the largest producer of milk in the world. The total production of milk was 132.4 MT in FY 2013. Size of the Indian Dairy industy was estimated to be INR 2.53 lakh crore in 2012.
A close look at the evolving landscape of the food processing industry in India and the various segments in food processing. The authors offer insights into the historical antecedents tracing the development of the sector and the policy initatives undertaken by governments to improve the competitiveness within the industry. The chapter also looks at the key challenges within the sector and its growth drivers and key industry trends for offering a better perspective and comprehensive understanding of the sector.
The rise of convenience foods is due to the changing lifestyles, paucity of time, rising disposable incomes and change in food habits. There are distinct segments within the broad ambit of convenience foods.