Seminar on improving food security in India through Swedish solutions. You will learn more about business opportunities across one of the largest and fastest growing food markets globally.
Agriculture and allied sectors contributes around 14 percent to India’s GDP (at constant prices) and are the primary source of livelihood for 58 percent of the country’s population. Since the first green revolution in the1960s, the government of India has emphasized an increase in food production. As a result, from a food deficit nation, India is now among the15 leading exporters of agricultural products in the world.
However, the country still faces the problem of providing sufficient food to a significant share of the population despite the fact that India is one of the largest producers for a number of food products including milk, vegetables, wheat, rice etc. This is mainly caused by a significant high level of food wastage which is the result of an inefficient supply chain, poor infrastructure and absence of cold chain facilities.
Planning commision of India
The Planning Commission of India has recently estimated the gap between agri-warehousing supply and demand at 35 million MT, while the current cold storage capacity at 25 MT is barely sufficient for 10 percent of fruit and vegetables produced in the country. As a result, approximately 30-40 percent of all the food products produced in India with approximate worth of USD 10 billion are wasted every year.
Also, the level of processing of food products in India is considerably low; only two percent of fruits and vegetable produced in India is processed while the corresponding figures in Brazil and the US are 70 percent and 65 percent respectively.
Government is gearing up to find a solution
Till recently, there has been a limited focus on addressing problems related to supply chain losses. Now, the government is gearing up to find a solution and has announced a number of policy changes. This includes 100 percent FDI in food infrastructure including Food Park, Cold Chain and warehouses and 100 percent tax exemptions. The government has also planned to set up 30 food parks across country. The Ministry of Food Processing has formulated a dedicated plan – Vision 2015 Action Plan, with a focus on trebling the size of industry, raising the level of processing of perishables from 6 percent to 20 percent, and increasing value addition from 20 percent to 35 percent.
Further, with changing regulations and increasing competition, organised retail players including Bharti Retail, Future Group, Aditya Birla Retail have been looking forward to strengthening their supply chain and are investing considerably in improving their logistics framework to reduce wastage. The entry of global players such as IKEA and Walmart is likely to further add to this phenomenon.
In order to leverage upcoming business opportunities within the Indian food processing and logistics sectors, Business Sweden invites you to attend this seminar on - Improving Food Security in India through Swedish Solutions.
Areas of special interest for the Swedish Companies:
Time and place
Friday, 9 May 2014 at 09.00-10.30
World Trade Center, Klarabergsviadukten 70, Stockholm
Registration and more information
The seminar is free of cost and places are limited. To register fill in the form below. For more information please contact:
T: +46 8 588 660 30
M: +46 708 838611
T: +91 11 4606 7104 (direct)
M: +91 97111 80731 (India)