SME Times is powered by   
Search News
Just in:   • Trump cancels US delegation to Davos forum due to shutdown  • Big relief to startups, investors as govt liberalises norms  • RIL Q3 net profit at Rs 10,251 cr up 9%  • Industry urges RBI to cut rates, address MSME concerns  • Himachal clears industrial proposals of Rs 1,047 cr 
Last updated: 17 Aug, 2018  

Food.Processing.9.thmb.jpg 'Unorganised food processing sector majorly populated by SMEs'

   Top Stories
» Big relief to startups, investors as govt liberalises norms
» Industry urges RBI to cut rates, address MSME concerns
» Report points at risk of fiscal slippage
» Need to remove barriers to information accessing: Naidu
» FICCI, MSME ministry to hold buyer-seller meets
SME Times News Bureau | 17 Aug, 2018

The unorganized food processing sector in the country is highly populated by small en terprises, said Jagadish Prasad Meena, Secretary of the MoFPI industry.

Speaking at the inauguration of the International Conference on Recent Advances in Food Processing Technology (iCRAFPT), Meena said stated Food processing sector in India has a dualistic structure.

The unorganised segment dominates in numbers (about 25,00,000 in 2015-16) of small enterprises and workers, but the organised segment (about 40,000) dominates in terms of value of the output and investment, he added.

In his address, the Secretary highlighted that the bumper production and diversification of agriculture has brought in new challenges for everybody in view of the large scale food wastage on one hand and seasonal & regional demand & there supply issues of many commodities.

The percentage share of the organised/registered food processors are hardly 1.5 percent of the total food processors.

The first tier technology should target the unorganized sector who can be encouraged to concentrate on primary processing and provide strong supply link to the high-end secondary and tertiary processing, he said.

The second tier should deal with sophistication of secondary and tertiary processing of high value products and enable industry to compete and stand up shoulder to shoulder with world food processing industries.

He also quoted, our nation’s export basket of food produces contains 75% of the fresh F&V and unprocessed item and only 25% of processed products.

He also appreciated the continued efforts made by IIFPT in the field of research and food processing and extended Ministry’s support towards achieving the vision of the IIFPT to become an institute of national eminence. 

The Secretary concluded his inaugural address by sharing glimpses of successful conduct of World Food India 2017 that subsequently promoted investment intent of US$14 billion has been expressed through MoUs by country/world-wide companies.

Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

Bhoota Singh | Wed Aug 22 14:20:08 2018

ANANTHANARAYANAN | Fri Aug 17 17:38:21 2018
MINISTRY OF RAILWAYS & IRCTC is not supporting organized food production and processing sector. They are encouraging and supporting food processors who are serving worst quality food at very high price (check Railway stations food units and on board catering services) Railway and IRCTC wants only money not quality food service

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 18 Jan, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Can't say
  Commented Stories
» HostBooks Ltd. offers a seamless GST filling experience: Kapil Rana(3)
» Ashok Leyland to launch 13-seater passenger vehicle, LCV(1)
» CII welcomes GST Council steps as MSME friendly(1)
» Hyperloop start-up Arrivo to shut down: Report(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter