Finance minister Pranab Mukherjee has brought cheer to companies wanting to set up cold chains, or refrigerated warehouses, by according infrastructure status to post-harvest storage, making it easy for the sector to secure much-needed foreign investment.
Karnataka has taken a lead initiative in developing sustainable agribusiness through this ‘Integrated Agribusiness Development Policy’ covering agriculture and allied sectors (like horticulture, fisheries, animal husbandry, sericulture and food processing) both in infrastructure and industrial segments on an end to end concept.
Despite a dramatic growth in certified fisheries, the Marine Stewardship Council has not been able to convincingly prove that it has reversed the overexploitation of global fisheries.
The market dynamics will soon change in the Rs 2,500-crore branded fruit drinks sector in India with increasing competition. To sustain its competitive edge, Parle Agro is building up its distribution to reach out to a wider audience, while Godrej Hershey
AKHILESH TILOTIA ANALYST, KOTAK INSTITUTIONAL EQUITIES
THE outlook for agriculture in India is changing: price increases are lifting realisations, which, in turn, are being reinvested in productivity enhancements.
Bihar is a land of immense opportunities for food processing owing to its agricultural potential, enabling policy environment and new schemes launched by Government of Bihar.