PRN: Fi India to Set New Dimensions for the Food Industry
Fi India to Set New Dimensions for the Food Industry
MUMBAI, India, September 29, 2011 /PRNewswire/ --
India is the second largest producer of food and it holds the potential of being the biggest on global food and agriculture canvas. The food processing industry is one of the largest in India - ranking fifth in terms of production, consumption, export and expected growth. The Indian food industry, estimated at US$ 200 billion in 2010-11, is projected to reach US$ 300 billion by 2015. The purchase power parity of the middle income group in India is rising considerably and hence demand for quality food products is also increasing. The sector has attracted foreign direct investment (FDI) worth US$ 1,253.79 million from April 2000 to April 2011.
But, the food processing industry in India is being looked at, as an equipment-based industry. This view needs to be changed as there is a need achieve a consensus between equipment design and production reality. This can be achieved only through the application of science & technology. It is imperative that the Industry ensures the training of human resource and also revamps the entire distribution-supply chain to ensure that all the products are manufactured meeting the hygiene, label, packaging and other regulatory norms.
Mr. Sanjeev Khaira, MD - UBM India quoted "The need of the hour for the Indian Food Processing Industry is a high degree of awareness, knowledge base and constant monitoring. Due the lack of these factors, some new products do not see the light of the day. It is imperative that the industry follows the small regulatory mandates to ensure an efficient market exposure & consumption."
World over food processing is a tradition coming along with humans from time immemorial. In an environment of social change, where working women or men, spend less time preparing meals, the emphasis is towards innovation throughout the value chain in a bid to save time and offer quality and safe food. Therefore there is a need to shift science towards constant innovation today in the direction of food science and technology.Â However in a country like India, we must emphasise the science of innovation in the area of new products or for the development of a better product.
Government has allotted a major area of focus in the 12th Five Year Plan towards the importance & implementation of food safety measures as a priority and able to make a quantum leap in food processing business. This includes adaptable, affordable, acceptable technologies and safe food products by small, medium and cottage industries cascading with large and global industries.Â
But food science, technology and the food industry have had no common platform to connect at a molecular level. To provide this platform, UBM India has organised Fi India 2011; which aims to bring not only the whole industry together but also individuals and professionals in the field of food science and technology, at one convenient location.
A feature of Fi India is, that it is has grown significantly every time it is staged, each show being bigger and better than the one before and has been a great networking platform for food technology & food science professionals every year.
UBM India will hold Fi India 2011 on the 3rd & 4th of October, 2011. It aims to bring the whole industry together at one convenient location with effective participation from, around 120 exhibitors & more than 4500 visitors from the decision makers of the industry in a high level two day modular conference. Fi India aims at demonstrating that with the changing market it is necessary to exploit its great innovation potential not just for the benefit of the producers & processors but also consumers.
About UBM India:
UBM India organizes exhibitions covering the following sectors which will help deliver the perfect mix of visitors: Energy, Construction & Infrastructure, Security, Medical technology & Pharma, IT and Food Industry.
For more information visit: http://www.ubmindia.in
Media Contact: Mutual PR