In the “Market research on Indian food processing and packaging machines” conducted in Turkey by the Dtm Center for Export Promotion and Study, it is declared that India has a significant potential in terms of milling technologies.In the research, it is underlined that there are more than 1.000 flour plants in India according to the data of the Indian Ministry of Food Processing Industries (Mofpi) and majority of these plants are making plans to modernize and enlarge their facilities based on the changing sectorial needs in order to increase their market share.
The Indian food sector
India is ranked second in the world with its population over 1 billion 240 million and seventh in the world with its geographical size.India that is in a good position in agricultural production with the contribution both of its area and climate has the potential to become a much greater producer with suitable regulations and efforts such as increasing the use of mechanization.However, despite of this high agricultural production, the food processing sector in the country is not that developed.The food plants in the country including the wheat and rice mills are generally composed of small or medium scale facilities using cheap and inefficient technologies.
And this makes the country an attractive market especially for food processing technologies.The competition increasing in the recent years and the need to achieve a production in line with the requirements of the modern age force the producers to invest in newer and more developed technologies.
In the “Market research on Indian food processing and packaging machines” conducted by the Turkish Primer Ministry Undersecretariat of Foreign Trade Center (Dtm) for Export Promotion and Study, it is declared that India has a significant potential in terms of milling technologies.In the research, it is underlined that there are around 1.000 flour plants in India and majority of these plants are making plans to modernize and enlarge their facilities.
Indian economy has two different structures.The modern, globally competitive, knowledge-based services sector employing the most intelligent of the middle class on one hand and the rain-dependent agricultural sector employing untrained workforce on the other…Even though the manufacturing sector is inadequate due to the lack of quality, even this state began to change in the recent years.Due to the strong growth in the services sector, the sector’s share in Gdp became 54.6% in 2009 while the share of the agricultural sector was 17.1 and the industry was 28.2%.At the end of 2010, these figures are expected to be 55.3% for the service sector, 28.6% for the industry and 16.1% for the agricultural sector.
Even though the dependence of the economy to agriculture decreased in the recent years, the fluctuations in the Gdp are still dependent on the results of annual monsoon rains.Majority of the land owners can only engage in agriculture enough to make living and the most of the farmer families continue their lives below the poverty line.India, especially the rural areas of India, has some of the worst human development indices of the world.Despite of this, India still owns high quality workforce and few international industry groups.