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1H
Changing demographic profile coupled with increasing disposable income of middle class families is fuelling growth of Food processing and allied sectors in India. During past decades the sector has grown at a CAGR of 10 per cent and estimated to be at US$ 200 billion by 2018. Realizing potential for growth in this sector, Union and State Governments in India have enabled favorable policy environment for attracting investment to the Food Processing Sector. As a result there is splurge for investment into infrastructure, R&D, technology, food safety, manufacturing, logistics and skill development in food processing sector.
With this background we are happy to inform you that ASSOCHAM has announced 9th International I 2 I Summit & Awards on FOOD PROCESSING, AGRIBIUSINESS & DAIRY: - Invest India to Make in India from 12th to 13th August - 2016 at Hotel Pride, Ahmedabad. The Summit will mark the presence of national and international stakeholders, representatives from union and state governments, investors, policy makers, industry leaders, trade bodies & associations food technologists, food safety experts to share their knowledge in this area. The event aims at match making and also offer slots for one to one meeting.
Why Gujarat |
Gujarat is already considered a most business friendly state in india. Gujarat offers a model for Economic Progress and Development for the developing nations. Its significant contribution to Indian Economy has made India visible to a competitive market in spite of the downturn in World Economy. Emerging as ‘Investor friendly’ destinations in the country, Gujarat highlights a luxurious lifestyle of leisure, pleasure, business and Investments. Gujarat emerges to be an Industrial hub with India’s most Industralised State. Gujarat pays a 27% tax of India. With Vibrant Gujarat Summits, it is evident that Gujarat has the highest success rate of projects implemented in the Country. For the Food processing Industry, the state government has said that it is committed to incentivizing food manufacturing units in the state by both domestic & multinational players.
As Gujarat Government recently announced its “Agri Business Policy – 2016 with a special emphasis on promoting food processing industry, applying new techniques to convert agriculture waste into value-added products and developing the entire value chain of exporting locally grown farm produces. Policy aims at increasing farmers' income by strengthening agriculture-related infrastructure and promoting food processing industry, which at present provides employment to around 10 lakh people in the state. Various Countries and States were participated in previous Summits.