Indian Food Processing Industry Its All about Health and Wealth

Released on = September 26, 2006, 11:40 pm

Press Release Author = RNCOS

Industry = Healthcare

Press Release Summary = Indian food processing industry is gearing itself for
competition. The foreign players have planned out their strategies to give a tough
strife to their local counterparts.

Press Release Body = The food-processing industry in India is going ahead in full
pace. It’s necessary to know the obstacles for this industry in showing its
competency globally and also, factors that are bringing changes.

As the sector offers immense growth potential, a large number of MNCs have entered
India to take advantage of the opportunity. Unilever, Nestle`, Pepsi and Cadbury are
some of the big, successful overseas players in India that face a strife from
established Indian brands.

Various plans, including low prices, combative advertising, expansion schemes, have
been adopted and implemented by the companies to retain and amplify their market
share in India. Fierce competition within the industry has lead to new ideas and
increased capabilities in the sector. It will ease the growth maintenance task and
assist it to become globally emulous.

In next 3 years, the Indian food processing industry is anticipated to grow to 3
times its current size making India a key and consequential player in the food and
agriculture trade. Despite being recognized as a promising growth area, the current
share of Indian food processing market in the world food trade is only 2%.

The recently published report by RNCOS, “Indian Food Processing (2006)”,
suggests that cheap Indian workforce can be efficaciously used to set up large,
cost-effective manufacturing units for domestic and export market. According to the
report, from about 90 million ton of India’s milk production, almost 16% is
processed in organized sector and 24% in unorganized sector. Apart from this, the
report also covers the issues like:

- Sectoral performance of the Indian food processing industry
- Driving force and challenges for the Indian food industry
- Major players in the Indian food processing industry
- Possibilities for the Indian food processing industry

RNCOS’ report, “Indian Food Processing (2006)”, gives research and
rational analysis on the Indian food processing industry. This report helps clients
in careful evaluation of opportunities for the success of this industry in India.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM068.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •