Prepared and packaged foods are one the five key categories identified by an India-World Bank collaborative programme to boost the nation’s food manufacturing sector, which has now moved to the cabinet approval stage.
India’s food processing sector is only at 10% of its full potential, according to an expert at the World Bank who claims it is lagging behind other emerging markets.
Oman has asked the World Bank for support in revamping its fisheries sector, as the country embarks on a major investment programme to boost its seafood output.