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Press Information Bureau
Government of India
Ministry of Food Processing Industries
11-March-2011 16:32 IST
Food Processing Level of Perishable Items to be Triple in 4 Years
In order to increase level of processing and to promote Food Processing Industries to exploit both the domestic and international market potential for processed food products, Vision 2015 document has been finalized by the Ministry of Food Processing Industries(MFPI), which envisages tripling the size of the processed food sector by increasing the level of processing of perishables from 6% to 20% value addition from 20% to 35% and share in global food trade from 1.5% to 3% by 2015. An integrated strategy for promotion of agribusiness Vision, Strategy an Action Plan for the Food Processing Sector has also been approved by the Government.

The average annual growth rate of Food Processing Sector was 7% in 2004 which has gone up to over 14% in 2010. The over-all processing level was 6%, value addition was 20% in 2004 which has gone up to 11% and 26% respectively.

This information was given by the Minister of State for Food Processing Industries, Shri Harish Rawat in a written reply in the Rajya Sabha today.

MP:CP: processing (rajya) 11.3.2011