India urgently needs a national food processing policy which incorporates tax breaks for the sector, the nation’s Prime Minister Manmohan Singh told a conference of state food processing ministers this week.
A shortfall of 10m tons of cold storage facilities for agriculture produce is holding back the nation’s food industry including its rapidly developing food processing sector, according to a new report from financial specialists KPMG and Assocham; the...
Formulation of a separate policy for food processing and a targeted R&D programme to boost processing and packaging technologies are two of the latest proposals unveiled by the Indian government for the sector.
Despite low levels of public awareness compared to western markets, functional foods and ingredients are finding growth in areas of India, as consumers switch on to the promise of healthier foods, beverages and supplements.
In response to rising demand in the chocolate industry and reduce
dependency on imports, Indian cocoa producers have said they will
increase domestic cocoa production by 60 per cent in the next four
Institut Rosell-Lallemand has teamed up with Ranbaxy and Aristo
Pharmaceuticals to distribute supplements based on a probiotic
bacteria, which will see it become available in the massive Indian
market for Irritable Bowel Syndrome.