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India's maturing food processing industry, no longer in its infancy, holds the potential for a transformative journey aimed at minimising waste, increasing value, and propelling economic growth.
While government policies and support remain crucial, investments in infrastructure and innovation are essential to unlock the industry's full capabilities. An advanced food processing industry, equipped with cutting-edge processing techniques, plays a central role in waste reduction, value enhancement, promotion of crop diversification, improvement of farmers' income, creation of employment opportunities, and augmentation of export revenue. Moreover, it addresses critical challenges associated with food security, mitigates food inflation, and ensures nutritious food for the population. The industry needs to increase its Gross Value Added (GVA) contribution by 2047 to positioning India as a global leader in processed food exports, highlighting its pivotal role in shaping the country's economic future.
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