| ILDEX India 2009 |
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| Meat Processing Opportunity Waiting To Be Harnessed…. |
Agriculture is the primary source of income for nearly 70% of the Indian population. Livestock sector alone with its 20% contribution to the agriculture GDP is the backbone of Indian Agro Economy. 8% economic growth rate, billion-plus population and rising purchasing power have contributed immensely to the unparallel rise in demand for agro-based produce.
Urbanization, hectic-lifestyles and changing tastes have led to increase in demand of processed food with longer shelf-life. Only 1.3% of agri-produce gets processed and packaged in India and food processing is growing by 20% a year.
Growth of organized F&G retail has created the demand for improved logistics, warehousing, state-of-the art technology and availability of quality processed and packaged food.
Agricultural Special Economic Zones & Marine Food Parks are already being worked out to ensure that farmers are not displaced.
Farmers, Scientists, Entrepreneurs, Manufacturers & Policy Makers need to be well informed about the latest updates of the Industry and know-how to produce improved and high quality products to compete with international market. ILDEX INDIA 2009 shall provide a common platform for all these. |
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| Challenges & Issues |
- India is the world's second largest producer of food but accounts for only 1.6% of international trade and hence food processing has a vast potential for investors and exporters.
- The bovine meat production has been growing at a CAGR of 6.3% with the estimated production levels at around 2.5 million tones.
- The consumption has been growing at a CAGR of 4% per annum over last 5 yrs, (estimated at around 1.9 million tones) though the per capita consumption is only 1.6kg per annum.
- Currently there are more than 4000 slaughter houses, 9 modern abattoirs and 171 meat processing units under Meat Products Order.
- The domestic processing is still in early state of development and is competing well due to up gradation technology and marketing skill for fresh & frozen food.
- Export demand from traditional markets like Philippines, Malaysia, Egypt & few countries in Middle East could increase demand.
- The increased demand could be met if investments in meat processing capacity, better animal health management, greater efficiency in animal production & feedlots are undertaken.
- India could become a low cost supplier of bovine meat to the world for which investment need to be made at ground level to create infrastructure like modern abattoirs, cold supply chains, quality control labs and animal rearing units.
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