Food

India is the world’s second largest producer of food after China, and has the potential of being the biggest with the food and agricultural sector. The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment. Health foods and health food supplements are another rapidly rising segments of this industry which is gaining vast popularity amongst the health conscious.

Rajkot is centrally located in Saurashtra and during the years after independence, Rajkot has travelled with unlimited developments, and greatest opportunities ever in and around with every color of progress. Rajkot is an important industrial city of Gujarat. Rajkot food industry is also growing with the same pace to India in its parallel. There are over 30,463 small scale industries operating in Rajkot district in the areas. List of the main industries also include food industry with its remarkable growth in last few years.

A total of 11 MoUs were signed amounting to the investments worth INR 1,873 crore (USD 446 million) for the projects related to Rajkot district during Vibrant Gujarat Global Investors Summit (VGGIS) 2003, 2005 & 2007. Maximum numbers of MoUs were signed in food and agro sector followed by ports sector and engineering & automobile sector

According to a report published by market research firm RNCOS in April 2010, titled ‘Indian Food and Drinks Market: Emerging Opportunities’ the Indian food and beverages market is expanding rapidly and is projected to grow at a compound annual growth rate (CAGR) of about 7.5 per cent during 2009-13 and would touch US$ 330 billion by 2013.

Some facts are well known about Indian Food Industry:

» India is the world's largest producer of milk.
» It has the largest number of livestock in the world.
» It is the world's second largest producer of fruit and vegetables.
» It is the third largest producer of food grain.
» It has the third largest output of fish.
» It the largest producer, consumer and exporter of spices.