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Designed & Developed for: Assam Industrial Development Corporation Limited
Food And Beverage
Investing in India's food processing sector is highly attractive due to its robust growth trajectory and substantial government support. The sector, projected to grow at a CAGR of approximately 8% from 2022 to 2027, has demonstrated significant export potential, with processed food exports increasing from $4.9 billion in FY 2014-15 to $10.81 billion in FY 2023-24, marking a CAGR of 13%. Supported by initiatives like the Mega Food Park Scheme and the Production-Linked Incentive (PLI) scheme, the sector enhances infrastructure and connects farmers directly to markets. Additionally, the sector has attracted $12,955.90 million in FDI since April 2000, which represents 1.83% of India’s total FDI, underlining its economic importance.
The Indian food and beverage (F&B) packaged industry is expected to expand significantly, with its market size estimated to reach USD 46.3 billion by 2028, reflecting increasing consumer demand and sectoral advancements. As the world's largest producer of spices, India contributes 11.26 million tonnes of key spices annually, reinforcing its dominant position in the global market.
Sectorial ProfileWhy Assam?
Opportunities for Growth in Assam
High-Value Tea Blending and Specialty Tea Processing
Spice Processing
Agri-Logistics and Warehousing (Cold Storage & Supply Chains)
Herbal and Medicinal Processing