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Home > All news > Export Import > South India has potential to become a $200 billion export hub in Food Process products by 2030

South India has potential to become a $200 billion export hub in Food Process products by 2030

August 13, 2024
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Chennai - South India, which leads the Indian food processing industry with the highest concentration of registered factories, has the potential to evolve into a $200 billion export hub for processed foods by 2030, significantly boosting employment and the region’s economy, according to industry experts.

In FY24, India’s agricultural exports, including processed foods, amounted to $48.9 billion, with the share of processed food exports rising to 25.6 per cent in FY22-23 from 13.7 per cent in FY14-15. However, India’s total agricultural export basket represents just over 2 per . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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