Need to reduce wastage in food supply chain: Harsimrat Kaur Badal
Updated: Sep 25, 2014 04:49:04pm
Mumbai, Sept 25 (KNN) Minister for Food Processing Industries, Harsimrat Kaur Badal, speaking at the inauguration of Food World India here today emphasized the need to reduce wastage in the food supply chain.
Food World India, a global convention of food business and industry has been organized by the Federation of Indian Chambers of Commerce and Industry (FICCI).
Badal said that the food processing industry through backward linkages can help the farmers with inputs and better farm practices so that the industry gets good quality raw material and farmers get better prices for their produce in a win-win partnership, according to an official release.
“So the way out is to make the food processing sector grow. This will also reduce inflation and will benefit the consumer,” she said.
The Minister underlined that food processed is food saved. She also emphasized the need for providing skills and skill development and invited concrete suggestions from the industry.
Food World India has brought together CEOs and stalwarts of processed food industry to discuss strategy to align India's opportunities with the global trends in food business and to address the challenges affecting the growth of the sector in India.
Also speaking on the occasion, Secretary, Ministry of Food Processing Industries, Siraj Hussain highlighted the need to address regional imbalances so that the potential of all regions of the country that have surplus production is fully realised.
The key findings of the study titled “Indian Food Processing Industry: Keeping Pace with evolving consumer needs”, carried out by FICCI-AT Kearney was also shared with the major stakeholders of food processing industry.
The study indicated that the food processing industry needs to drive breakthrough innovation especially by creating innovative products for the country’s 700 million rural consumers. It needs to differentiate itself through consumer awareness on one hand and through superior food quality, safety, and hygiene on the other; moving ultimately towards self-regulation. At the same time, beyond taste, consumers are focusing on price and quality. The industry will need to assess the perceived value of products and the price people are willing to pay. (KNN/ES)
Food World India, a global convention of food business and industry has been organized by the Federation of Indian Chambers of Commerce and Industry (FICCI).
Badal said that the food processing industry through backward linkages can help the farmers with inputs and better farm practices so that the industry gets good quality raw material and farmers get better prices for their produce in a win-win partnership, according to an official release.
“So the way out is to make the food processing sector grow. This will also reduce inflation and will benefit the consumer,” she said.
The Minister underlined that food processed is food saved. She also emphasized the need for providing skills and skill development and invited concrete suggestions from the industry.
Food World India has brought together CEOs and stalwarts of processed food industry to discuss strategy to align India's opportunities with the global trends in food business and to address the challenges affecting the growth of the sector in India.
Also speaking on the occasion, Secretary, Ministry of Food Processing Industries, Siraj Hussain highlighted the need to address regional imbalances so that the potential of all regions of the country that have surplus production is fully realised.
The key findings of the study titled “Indian Food Processing Industry: Keeping Pace with evolving consumer needs”, carried out by FICCI-AT Kearney was also shared with the major stakeholders of food processing industry.
The study indicated that the food processing industry needs to drive breakthrough innovation especially by creating innovative products for the country’s 700 million rural consumers. It needs to differentiate itself through consumer awareness on one hand and through superior food quality, safety, and hygiene on the other; moving ultimately towards self-regulation. At the same time, beyond taste, consumers are focusing on price and quality. The industry will need to assess the perceived value of products and the price people are willing to pay. (KNN/ES)
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