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Changing Face of Indian Food Industry

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Changing Face of Indian Food Industry By: Vijay Sardana [1] India is a country with 1270 million people. All are consumers of food. With growing income and growing awareness about health and nutrition, urbanization, women education and exposure to other food cultures are bound to change the food habits. In the last few years’ dynamic changes have occurred due to the fast growing economy, education and communication explosion. A shift from conventional to modern technologies, localization to globalization, small cottage industries to large scale industrialization, constant travels across the world, evolving tastes and increased demands for convenience and time saving processed foods, from mom and pop stores to supermarkets throughout the country are some of the factors impacting food businesses in India. India is also complex society with various traditions and value systems. On the one hand, we have poverty and hunger causing mal-nutrition and undernutrition and relat...

Innovation in Global Competitiveness Index and India

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Global Competitiveness Index and India On innovation, India's ranking is very low. What is the role of Government in promoting innovation? What changes we should bring to promote innovation in India? Any thoughts? Please share. Click on photos to enlarge for reading.

India’s Food Security – Yesterday, Today and Tomorrow

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India’s food security – Yesterday, Today and Tomorrow By: Vijay Sardana International Agribusiness & Commodity Trade Expert Preamble No country can ensure its political sovereignty without food security. There is close relation between food security, economic growth and law and order in the society. The economic growth is directly related to food inflation. Higher the food inflation lower will be the economic growth because high food inflation reducing consumer spending on non-food economic activities. In India we are also adding about 15 million people every year. They all will need food to survive and perform. Food intake less than required by the body will lead to widespread sickness due to malnutrition, stunting and disease due to imbalanced diets. Considering these facts on ground let us be clear that there is no hope that food inflation will come down in coming years, unless we have some serious rethinking about our food production, food supply chains, li...