.Rep ImageThe domestic food market is actually anticipated to increase by over 47 per-cent to reach USD 1,274 billion through 2027, a record released due to the Coalition of Indian Industry and also supported through Danfoss India said. India's food items processing sector finds ingenious start-ups developing with groundbreaking modern technology, the report titled 'Food items Processing Market in India - Potential for Southern States. as well as discharged through CII, CII SKIN (Coalition of Indian Field-- Food and Horticulture Centre of Excellence) and Danfoss India, stated. Danfoss India is a leader in heating system, air flow and also air-conditioning and is the subsidiary of Denmark-headquartered engineering major Danfoss. A few of the crucial highlights of the record, which was discharged at the CII-FoodPro 2024 feature the possibility that southern conditions contain for food items processing sector. "Tamil Nadu leads India's export of processing fruit products, extracts and almonds, along with a 33 per-cent share by amount as well as 27 percent by value, shipping 2,08,370 statistics tonnes worth USD 220.81 thousand in 2023-24," the document claimed. The food items processing industry in India sees innovative start-ups emerging with cutting-edge technology, the report pointed out. The research study brings understandings on surfacing patterns, innovations and export chances permitting businesses to bring in knowledgeable selections as well as tap into the sector's prospective South India's meals handling field performs the peak of a transformation, along with cutting-edge sectors like millets, ready-to-eat as well as plant-based dairy products options opening a gold mine of financial opportunities for farmers. The recently released file reveals, modern technology keeps the essential to supercharging this growth, guaranteeing the highest possible standards of safety and quality as well as thrusting India's exports onto the worldwide stage," CII National Council for Cold Weather Establishment and also Agri Coordination Chairman Ravichandran Purushothaman pointed out. "At Danfoss India, our team are actually excited to become a part of this transformative quest, driving lasting food handling answers that will shape the future of Indian farming and also food sector," he pointed out in a declaration on Saturday. During the event, Danfoss Optyma Pack Reducing Unit, a trusted and also energy-efficient answer for Majority Dairy Cooling and also Cold Area applications was actually released. "The Optyma Load Condensing Device is actually a video game changer for India's dairy products industry and chilly room functions. Its special style as well as reliable efficiency will dramatically help in meeting our customer's price as well as sustainability goals," Danfoss India Region Head of Weather Solutions - Purchases, Madhur Sehgal pointed out. The impressive technology ensures ideal dairy temperatures along with reduced power intake, which lowers the carbon footprint, resolving vital dairy processing difficulties as well as supporting India's sustainable food items production objectives, the statement incorporated.
Published On Aug 11, 2024 at 12:27 PM IST.
Join the area of 2M+ industry experts.Register for our email list to receive most current knowledge & analysis.
Install ETRetail Application.Acquire Realtime updates.Spare your much-loved short articles.
Scan to download App.