India’s Food Processing Industry: Role of FDI in Its Development

India has one of the largest food processing sectors in the world, and the output is expected to reach $535 billion by 2025-26. It has an essential role in connecting the farmers of India to domestic and international consumers. Maximum efforts are being made by the Ministry of Food Processing Industries (MOFPI) to encourage investments across the value chain, such as through FDI in food processing. The food processing industry has a share of 12.38% (at 3-digit of NIC classification)…

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