In 100-day agenda, food processing ministry to incorporate reduction of food wastage in supply chain

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Rich man’s fruit? In a first, India plans to import avocado from Brazil to tame domestic pricesThe available studies on post-harvest losses in India are not comparable and there is no emphasis on measuring food waste at the consumer level. Estimates of post-harvest losses in the country vary from 18% to 25% across the entire supply chain, though they are thought to be much higher, at up to 45%, for fruit and vegetables.“India’s food processing capabilities have immense potential.

Unfortunately, we still haven’t been able to achieve even 10% of what is on offer. Both international and local markets have immense possibilities in store for our food processing sector," Paswan noted.Also Read: Govt misses wheat procurement target for second consecutive year, procures 26.6 mt—28.7% lower than targetRavneet Singh Bittu, Union minister of state for food processing industries, also talked about how food growers can benefit from food processing facilities.

He also said that World Food India 2024 can provide a platform to local companies to showcase their products at the international level.“The exports of processed foods have grown significantly over the years. The exports, which were at 13.7% in FY15 have grown to 25.6% in FY23.

There are immense opportunities in this sector. Even the foreign direct investment was $6.185 billion during the same period.