India to turn global outsourcing center: FPI

New Delhi, Aug 31: Indian food processing sector has the potentiality to become the outsourcing hub for the world, said a study.

"Ministry of Food processing is highly committed to the sector and has announced various incentives and schemes to support new ventures," said Food Processing Minister, Subodh Kant Sahai.

Sahai also stated that the sector is powerful dwarf, which has the capacity and capability to do for rural India what IT has done for the urban India.

Highlighting the blooming opportunities in the food processing industry, the report studied the strengths and weaknesses of the processed food value chain.

India is growing with the opportunity as for the first time, over 50 global buyers had come from all across the World to explore India as an expanding global trade in outsourcing the processed food.

"Indian food with international taste has increased the capability to match the demand and acceptance of Indian cuisine all over the World," said Mother Dairy CEO, SK Bansal.

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