FOOD PROCESSING · A PRIORITY SECTOR
he Food Processing sector in
India is one of the largest in terms of prod uction, consumption, export and growth prospects. Apart from providing vital linkages between industry and agriculture it creates synergy between the two and has potential for providing jobs in far flung areas of India. Moreover it is well known fact that a significance proportion of the agriculture produce get wasted during transition from place of production to consumption as well as during storage. Realizing significance of Food processing sector, Ministry of Food processing Industries, Government of India has accorded priority to its development with a number of schemes for infrastructure development, fiscal relief and incentives. Through all these measure, efforts are to encourage commercialization and value addition to agriculture produce, minimize post-harvest wastage, generate employment and boost exports of processed food.
It is evident in fast changing macro-economic environment as well as markets, staying up dated on technology front provides an edge in the competitive market.
Therefore, food processing sector in India requires technology up-gradation to tap global markets as well as strengthening its position in domestic market. However, this sector is dominated by large number of SMEs who requires finance to meet their modernization demands. On the other hand there are technology providers, innovators and financial institutions that are looking for buyers of their technologies and financial services. Creating a platform where Food SMEs, technology providers, banks, government officials etc. interacts for providing boost to the growth of food processing sector will be apt for growth.
To address this subject matter of national importance, ASSOCHAM held a Conference on Food Processing and Pradhan Mantri Kisan SAMPADAYo jana at The Tamilnadu Agricultural University, Coimbatore on April 27, 2018. The Conference saw participation of stakeholders from Food Processing Value Chain namely bankers, technology providers, farmers, producers organizations, selfhelp groups, retails companies, etc. The stress was on technology trends, finance and lending, inter-alignment of food trade, faster automated processing & packaging, training programmes and education towards skilled resources, future prospects and insights on stated and implied requirements and needs of linking all these activities with market.