Indian ready-to-eat market poised to reach USD 16 million

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Mumbai, Oct 18 (UNI) The Indian ready-to-eat (RTE) market could reach 16 million US Dollars (Rs 2900 crore) by 2015.

A Tata Strategic Management Group release here said this could be achieved if the players innovate to address three key levellers of acceptability, affordability and availability.

The RTE can be defined as food products that constitute meals and not snacks, and require minimal processing, if any, like heating to desired temperature or addition of water.

They have been prepared/cooked and preserved for extended shelf life.

UNI

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