GoingToMeet

India is the world’s 2nd largest producer of food next to China, and has the potential of being the largest with the potential of being the largest with the food and agricultural sector. There is an opportunity for large investments in food and food processing technologies, skills and infrastructure, especially in areas of canning, dairy packaging, frozen food / refrigeration and thermo processing. Fruits and vegetables, milk and milk products, meat and poultry, packaged / convenience foods are important sub - sectors of the food processing industry. Alcoholic beverages are another area where India witnessed substantial foreign investment.

Global Food and Beverage market will continue to grow, largely contributed by growth in the developing countries such as India and China. Asia-Pacific will be the region where there will be increased activity in terms of production and demand. Eastern Europe, particularly Ukraine, is gaining in importance with Food and Beverage, contributing 15% of the total FDI. Mexico, in particular, is an extremely attractive retail sector, where the opportunities for organized retailing are increasing rapidly. As a result, the demand for food and beverages is expected to increase manifold.