Food Processing Billion Dollar Market in India's Food Sector
As per National Account Statistics (NAS) data, food processing industries generated output worth Rs. 6,66,662 crore (US $ 122 billion) in 2010-11, growing at an annual rate of 10.7 percent.
In 2009-10, food processing in India accounted for Rs. 6,02,477 crore and Rs. 5,46,050 crore in 2008-09 respectively Rs. 4,74,580 crore in 2007-08. This information was given in Lok Sabha today by Minister of State for Agriculture and Food Processing Industries, Dr Charan Das Mahant in a written reply.