Bihar's agri & food industry may touch Rs 1 lakh crore by next year: Study
Updated: Apr 15, 2014 03:00:53pm
Patna, Apr 15 (KNN) The agriculture and food industry in Bihar may reach the mark of Rs one lakh crore by 2015 as the state’s abundant agro-based raw materials available at competitive prices, cattle wealth, water resources and above all a pro-active industrial policy would help achieve the mark, according to a study.
“About 15 million tonnes (MT) of cereals comprising rice, wheat, maize along with a wide range of fruits and vegetables are produced in Bihar attracting the global giants and brands in food and beverage segment that are vying to garner prominent share in the state’s agro-food processing sector,” said a study titled ‘Opportunities for Food Processing in Bihar,’ conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The agriculture and food processing sector in Bihar employs about 80 per cent of the state’s total workforce and contributes over half of the total gross state domestic product (GSDP).
"Rapid development of logistical facilities and infrastructure in areas of processing, warehousing and storage, production and others through effective use of modern technology would further propel the growth and development of agro and food processing sector in Bihar," ASSOCHAM secretary general DS Rawat said in the report.
"Apart from facilitating import and export, cost efficient logistics management will help Bihar in achieving the much needed competitiveness in both domestic and global markets," said Rawat.
The agriculture and food processing sector in Bihar employs about 80 per cent of the state's total workforce and contributes over half of the total gross state domestic product (GSDP).
Considering the huge scope for large scale employment generation in the food processing sector, there is a need to impart organised training, promote skill development and placement for rural workforce which will benefit both the industry and rural folks, the study said. (KNN/SD)
“About 15 million tonnes (MT) of cereals comprising rice, wheat, maize along with a wide range of fruits and vegetables are produced in Bihar attracting the global giants and brands in food and beverage segment that are vying to garner prominent share in the state’s agro-food processing sector,” said a study titled ‘Opportunities for Food Processing in Bihar,’ conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The agriculture and food processing sector in Bihar employs about 80 per cent of the state’s total workforce and contributes over half of the total gross state domestic product (GSDP).
"Rapid development of logistical facilities and infrastructure in areas of processing, warehousing and storage, production and others through effective use of modern technology would further propel the growth and development of agro and food processing sector in Bihar," ASSOCHAM secretary general DS Rawat said in the report.
"Apart from facilitating import and export, cost efficient logistics management will help Bihar in achieving the much needed competitiveness in both domestic and global markets," said Rawat.
The agriculture and food processing sector in Bihar employs about 80 per cent of the state's total workforce and contributes over half of the total gross state domestic product (GSDP).
Considering the huge scope for large scale employment generation in the food processing sector, there is a need to impart organised training, promote skill development and placement for rural workforce which will benefit both the industry and rural folks, the study said. (KNN/SD)
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