FoodPro 2019 – Global platform to foster India’s food factory business

September 9, 2019 12:34 pm

As part of the FoodPro 2019, over 300+ exhibitors participated in the exhibition and 3 days sectoral conferences on food processing technologies, dairy technologies and traditional food was also organised. The objective of the conference was to promote and provide technology-based knowledge sharing among the stakeholders.

The 13th edition of FoodPro focused on the latest trends, innovations, R&D, equipment and technologies and provided a platform to various stakeholders to learn the best practices and deliberate on the growth in the sector by fostering new business opportunities and technology adoption.

During the inaugural session, Banwarilal Purohit, Hon’ble Governor of Tamil Nadu said, “India has the potential to become the food factory of the world, the food processing industry which contributes around 9 per cent of the countries manufacturing outcome is witnessing an annual growth rate of 11 per cent and is expected to reach $600 billion by next year. The food processing industry also offered employment to 12.8 per cent of the workforce in organised sector and about 13.7 per cent in the unorganised sector. The government has allocated funds up to `50 crores per mega food project to address the critical gaps in the value chain.”

R. Kamaraj, Hon’ble Minister for Food and Civil Supplies, Government of Tamil Nadu said, “The Government had set aside `480 crores for the food processing industry in the form of various schemes to benefit the farming community. It has taken initiative to develop mega and ultra-mega food parks across the states to nurture the food processing industries.”

Ravichandran Purushothaman, President, Danfoss said, “As India sets a precedent in the global food industry, innovation, digitalisation and sustainability will be the key pillars to realizing the nation’s vision to position India as the ‘food factory of the world’. With agriculture and food processing set to be the next sunrise sector in India, this industry has the potential to add over 1 trillion to our GDP and also emerge as the powerhouse for new employment opportunities. To uncover maximum potential, there is a pressing need for the industry to adopt more sustainable & efficient technologies & for the government to offer better banking and taxation support – the combination of which will prove crucial in our drive for faster transformational growth in this sector.”