India staring at the biggest opportunity for value addition in food: former CMD, Nestle India (opens original article in a new tab)

India's food processing sector is at a critical stage with significant growth potential, as the country processes only 10% of its agricultural produce compared to 80% in developed economies, but government and private investments are supporting expansion and value addition in the industry.

• India's food processing sector is valued at over $300 billion and projected to reach $535 billion by 2026
• India processes only 10% of its agricultural produce compared to 80% in developed economies
• Karnataka has 10,500 micro food processing units creating employment for 100,000 people under the PMFME scheme
• Karnataka's millet-processing ecosystem includes over 3,500 units with subsidies up to 50% of capital investment