The food processing sector is one of the largest sectors in India in terms of production, growth, consumption, and export. India's food processing sector. Besides this, Govt. has also approved proposals for joint ventures, foreign collaboration, industrial licenses and 100% export-oriented units envisaging an investment. The sector has attracted USD 6.8 billion FDI equity inflow during 2014 to 2023-24.In 2023-24, processed food contributed to 23.4% of total agri exports.
The Indian food processing industry is primarily export oriented. India's geographical situation gives it the unique advantage of connectivity to Europe, the Middle East, SEA, Africa & UAE. One such example indicating India's location advantage is the value of trade in agriculture and processed food between India and the Gulf region.
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