Even as India
is a major food producer, it's productivity is low. Prabodh Halde, vice
president-AFST & head regulatory
Increased consumer awareness, globalisation, FDI in retail
policy, health concerns of people are some of the key drivers for focussing
more on food safety in India
in the recent times. Bharat Lal Meena, Principal Secretary, Agriculture
Department, Government of Karnataka, said, “Food safety is more relevant now
than at any other point of time as the government of India allowed FDI in
retail. Educated farmers are using integrated farming of many crops in a small
area and getting increased yields." He also lamented: "Wastage in
agroproducts is over 70 per cent in India and this is a national waste."
The event, organised by the CII titled 'Enhancing Food
Safety in Food Retail Chains' mulled over various aspects of improving safety
standards in the entire value chain of food processing. Speakers opined that it
is very important to follow the best food safety norms to sustain the feeding
needs of Indian masses and to stave off several epidemics like diarrohoea.
With sourcing now being globalised, countries like India can
become the bread basked of the world if we pay more attention to standards. G
Srinivasan, Deputy Director, Food Safety and Standards Authority of India (FSSAI), said,
“Globalisation of food trade necessitated transitional standards."
Even as India
is a major food producer, it's productivity is low. Prabodh Halde, vice
president-AFST & head regulatory, Marico Industries Ltd, said, “As India
has the second largest arable land and has diverse agro-climatic zones that can
grow a variety of crops, many global players are coming to India. But, India's share in global food processing is just 2.3
per cent and lags far behind even Pakistan
and Bangladesh."
Despite some challenges, food processing industry and food
retail chain business in India have been growing and there is a huge investment
opportunity in this segment, according to experts, the growth of food retail
chains in India as well as anticipated foray of global retail giants into India
will require further huge sourcing of food products and this will give a thrust
to the food processing industry.
Sunil Awari, General Manager, Namdhari Seeds, said, “Investment
opportunities in food processing business are huge and if proper measures are
in place, regarding quality assurance, India can cater to many global retail
chains."
As of now, India
wastes lot of agro produce. The growth of middle class market, low cost of
production; change in consumption patterns; encouragement from government
agencies like NHB, APEDA, and MPEDA; and FDI policy and food parks are top five
factors that are attracting investment opportunities in food processing, he
added.
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