India is ranked as the 2nd largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The food processing industry is one of the largest industries in India-it is ranked fifth in terms of production, consumption, export and expected growth.
Value addition of food products is expected to increase from the current 8 per cent to 35 per cent by the end of 2025. Fruit & vegetable processing, which was around 2 % in 2004 became 10 % in 2010 and is expected to increase to 25 % by 2025. The Government has formulated and implemented several Plan Schemes to provide financial assistance for setting up and modernizing food processing units.
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