microfinance-india-business


From the category archives:

Food Processing

Food Processing India – News Digest – 23/10/2009

by Microfinance Business on October 23, 2009

India’s food processing industry seen at $260-bn in 6-years

With the global economy beginning to perk-up, India’s food processing industry is expected to benefit from this and grow to around$260-billion from the present $200-billion in the next 6-years, an industry expert said.”The food processing industry will grow 30-40 per cent as against the present 15 per [...]

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Simpler Tax Regime for Processed Food Sector: PM

by Microfinance Business on October 12, 2009

Prime Minister Manmohan Singh today regretted that the food processing sector was subject to “multiple levies” and said there is an urgent need to rationalise tax structure to replicate the success of the IT industry globally.

“Though primary agricultural commodities are mostly exempted from taxes, processed foods are subjected to multiple levies. There is an urgent [...]

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Food Processing India – News Digest – 26/09/2009

by Microfinance Business on September 26, 2009

food-processing

Indian Govt eyes 150% growth in processed food exports in five yrs

The ministry of food processing has set a target of 150 per cent growth in processed food exports in the next five years on rising global demand of Indian food. This will be 5 per cent of the total share in global processed [...]

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Food Processing India – News Digest – 14/09/2009

by Microfinance Business on September 14, 2009

food-processing

Food processing ministry plans Rs 1,200-crore Venture Capital fund

The food processing ministry is in talks with banks and financial institutions to set up a venture capital fund. By the beginning of the next financial year the venture capital fund would be set up with a corpus of around Rs 1,000-1,200 crore.

The fund would lend [...]

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Aahar, Asia's leading event on food processing and technology in New Delhi

by Microfinance Business on March 10, 2009

The India Trade Promotion Organisation (ITPO) is organising the 24th edition of Aahar, the International Fair for Food, Food Processing and Related Equipment, Hotel and Restaurant Equipment and Supplies at Pragati Maidan, New Delhi, from March 7 to 10, 2009.The annual fair is one of the oldest food related trade exhibitions in the country and [...]

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11th Five Year Plan allocates 250 Crore for food processing industry

by Microfinance Business on February 17, 2009

HYDERABAD: Identifying the need for food safety and quality, the Ministry of Food Processing Industry, Government of India, has earmarked Rs 250 crore towards the sector under the 11th Five-Year Plan.Deliberating in the oneday seminar on ‘Sensitizing Programme on Food Safety Systems,’ organised by the Confederation of Indian Industries (CII), K Rajeshwara Rao, Joint Secretary, [...]

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‘Food outsourcing is a $5-billion opportunity for India’

by Microfinance Business on February 5, 2009

‘Agri business for rural India can do what Information Technology has done for urban India.’Ahmedabad, Jan. 17 The food outsourcing business from India has an opportunity of $5 billion as of today, said Mr Piruz Khambatta, Chairman & Managing Director, Rasna Pvt Ltd, at Amaethon — the fifth edition of the Agri-Business Summit of the [...]

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Statistics and information about Agricultural Market in India

by Microfinance Business on January 2, 2009

India, with the second largest arable land in the world and with diverse agro climatic zones across the country, has tremendous production advantages in agriculture, with the potential to cultivate a vast range of agricultural products. India has strong base in agriculture and provides a large and varied raw material base for food processing. We [...]

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