Opportunities in Food Market: Can India become Global Food Hub?

Opportunities in Food Market:

Can India become Global Food Hub?

Before making any generalised policy statement on trade issues, we must understand what is happening in the world market and why India policies and Indian companies failed to capitalise on existing opportunities so far.
(all numbers in graphs are USD x1000)

If you see the following table, you will find India is very small player across segements. The only area where we have made impact in trade is basic commodities i.e. expolitation of natural resources only that too due low cost and export related subsidies. There is no premium due to missing innovation, value addtion or quality. We generally remained low cost producer and not high quality producer. Any fluctualtion in currency impacts our exports negetively.
(all numbers in graphs are USD x1000)
Look at our share in world trade. Why it is so low, there must be investigation in all segemnts of business. Every business segment has its  own challenge. The probelm, is we have generalised policy for exports which is of no use in highly competitive world. 
At the same time out domestic market is also growing and putting pressure on natural resources. India is not surplus in food otherwise where is so much hunger and malnutriton. If we cannot feed our on population, can be afford to feed the world. 
Should we feed the world and keep our own citizens hungry. Is it sensible and logical approach?
Food demand for growing population is given below:
Even if we want to export, we must address fundamental issues as mentioned below.  In absence of the following, we cannot have any meaningful role in world market.
Do share your views...

Flag Counter

Comments

Post a Comment

Popular posts from this blog

Another Financial Scandal, Growing NPAs and Indian Political-Economy

Image
Another Financial Scandal, Growing NPAs and Indian Political-Economy By: Vijay Sardana Are you surprised with PNB Bank - Nirva Modi scandal in Indian banking system? Maybe yes, but I am not. Are you surprised mounting NPAs in Indian Banking system?  Maybe yes, but I am not. Are you surprised with declining investments in the corporate sector?  Maybe yes, but I am not. Are you surprised with declining exports from India?  Maybe yes, but I am not. Barring few business houses may be a handful of them, most cannot be trusted.  The author, due to my proximity to various decision-making domains, was witness to many of these developments very closely and also in many cases the first-hand witness. Let us discuss the whole situation based on evidence . 1.   List all major companies which are loaded with NPAs, you will find they all were close to some political establishments or political leader a few years ago – during their peak time. 2.   From Harshad Mehta t
Read more

Business Practices for Innovation

Image
Business Practices for Innovation Vijay Sardana Techno-legal Expert Advocate, Supreme Court of India  Innovation & Risk Management Specialist In the knowledge economy and in the competitive world, the point of differentiation between progressive and stagnant organizations is resources including time commitment toward innovation. Innovation is and will remain the key driver for the success of any organization in the future. For survival, businesses must continually innovate and adapt the same at a faster speed to outperform their rivals for survival and to attract investments. Creative disruptions will decide the future of the competitors. The most important element in the innovation ecosystem is the need to retain an innovative and fertile mind. This will bring serious conflict between seniority and competency. Organizations must strive for competent human resources irrespective of age. If organizations are unable to identify and retain competent people, their existence is at risk.
Read more

Mid-day Meal Program - Constant Food Safety Threat for School Kids? Some facts...

Image
Why existing mid-day meal program will remain a food safety threat for School Kids?  Some facts... and the way forward? By: Vijay Sardana When people die by eating unsafe food, it shakes me because this is the worst form of crime. In my view, we should equate this with terrorism because people those who produce or sell unsafe food are no different than terrorists.  Both have one objective, damage the society for personal gains. These people can be found in any place from politics to public service to business to trade to footpath. As a person with food background and with special interest in food safety and food security, let me share some scientific facts with you all.  Those who have understanding of food safety and food handling experience can also share their views in comments section in the end of this article.  let me present some facts,  Political system and administration may deny this but facts remain. See the evidence below... Let me show you ground
Read more