date:Dec 31, 2019
However, the ministry of food processing industries annual report says that India ranks fairly low in the global food processing value chains despite being one of the largest producers of agricultural and food products in the world. The main reason for this could be lack of technological innovation in the Indian food industry, which is a plausible deterrent for slumped growth rate. To justify this conjecture, lets look at the global food industry scenario.
Technological innovations
Food proces